Post by account_disabled on Feb 22, 2024 5:13:14 GMT -5
Which provided increased competition, an increase in participants in the financial system and a relevant expansion of the institutions' product portfolios, which now have more security and stability to develop new products and services, Drex solves risks that SPB participants have had to deal with for years and opens up a new range of opportunities for innovation.
If the BCB manages to present a robust, safe and well-integrated system, credit can become more accessible by reducing losses and risks, and it is up to the members' imagination to create customized services and products for customers, expanding access to the financial system.
The Central Bank also addresses a doubt that arises Bulgaria WhatsApp Number in many people who hear about Drex for the first time: what will happen to Pix? It is clear in the communication that Pix and Drex play very different roles in users' daily lives. While Drex is used in operations that have conditions, such as executing guarantees or receiving goods, Pix will continue to serve as instant and immediate payment for goods and services, such as, for example, paying for a restaurant or making a purchase in a store.
As for the existence of notary offices, Drex still does not promise this radical change. It is evident that, with the existence of smart contracts , the relationship between users and the notary's office will be different, as authentication or signature recognition is not necessary in many cases. However, notary offices are still necessary to verify the existence of real estate and other activities.
As necessity is a great driver of innovation, Drex brings other needs that also drive the reinvention of notary offices, which are already adapting to routines with less bureaucracy and studying the implementation of blockchain networks in their daily lives. Just like TED, the check and the credit card did not die, but reinvented their use and adapted to the existence of Pix, notary offices and contracts will also look for ways to adapt and provide new services to society in the very near future .
According to the doctrinal statement, if the contractor's behavior puts at risk the observance of the contractual program, the principle of loyalty allows the party who has a fair fear of not seeing the contract fulfilled, to demand, before executing what he was obliged to do, , suitable guarantee or fulfillment of someone else’s performance. Good faith prevents the contracting party from using different criteria to judge and judge himself. Therefore, it is not permitted to claim compliance with the pact whose behavior suggests non-compliance.
If the BCB manages to present a robust, safe and well-integrated system, credit can become more accessible by reducing losses and risks, and it is up to the members' imagination to create customized services and products for customers, expanding access to the financial system.
The Central Bank also addresses a doubt that arises Bulgaria WhatsApp Number in many people who hear about Drex for the first time: what will happen to Pix? It is clear in the communication that Pix and Drex play very different roles in users' daily lives. While Drex is used in operations that have conditions, such as executing guarantees or receiving goods, Pix will continue to serve as instant and immediate payment for goods and services, such as, for example, paying for a restaurant or making a purchase in a store.
As for the existence of notary offices, Drex still does not promise this radical change. It is evident that, with the existence of smart contracts , the relationship between users and the notary's office will be different, as authentication or signature recognition is not necessary in many cases. However, notary offices are still necessary to verify the existence of real estate and other activities.
As necessity is a great driver of innovation, Drex brings other needs that also drive the reinvention of notary offices, which are already adapting to routines with less bureaucracy and studying the implementation of blockchain networks in their daily lives. Just like TED, the check and the credit card did not die, but reinvented their use and adapted to the existence of Pix, notary offices and contracts will also look for ways to adapt and provide new services to society in the very near future .
According to the doctrinal statement, if the contractor's behavior puts at risk the observance of the contractual program, the principle of loyalty allows the party who has a fair fear of not seeing the contract fulfilled, to demand, before executing what he was obliged to do, , suitable guarantee or fulfillment of someone else’s performance. Good faith prevents the contracting party from using different criteria to judge and judge himself. Therefore, it is not permitted to claim compliance with the pact whose behavior suggests non-compliance.