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BR2EX, the alternative
payment instrument for
cryptoeconomy

BR2EX has the purpose to serve DLT exchanges as a payment instrument, emerging as a "soft stablecoin" model, guaranteed by gold reserves and with price established according to the market'’ movements volume.

The BR2EX virtual currency, is a particular type of stablecoin that aims to replace the use of fiduciary currencies by the cryptocurrencies exchanges (“exchanges” or “DLT exchanges”).

Due to the negotiation and regulatory challenges of using fiduciary currency on the platforms, whether it is the difficulty in operating with financial institutions or the regulatory risks, BR2EX presents itself as the virtual currency with the capacity to replace the need of using fiat money in crypto operations, ensuring equal security and practicality with the benefit of reducing transaction costs.

BR2EX is the currency of a new blockchain, the centralized and private CLO Blockchain owned by BRX LTD, a company incorporated in Malta. Its technology is based on the concept of Proof-of-Authority (PoA), being inspired in the blockchains of Ethereum, EOS and Ripple. BR2EX's main function is to support an innovative payment system based on BR2EX itself and its blockchain.

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