All markets, without exception, are becoming more digital and faster. In the business world, companies want ways to receive and make payments that are easier, more agile, with less bureaucracy and lower costs. Therefore, it’s no surprise that cryptocurrencies have come to be seen as a hub of innovation, with enormous potential to optimize commerce, especially in operations involving different countries.
Basically, this solution ensures new opportunities for organizations and consumers. And the reason is simple: the simplification of financial processes. The movement between global values becomes more practical and transparent with the use of this resource, as it allows the incorporation of technologies like blockchain and smart contracts.
To illustrate, let’s consider two scenarios of the same situation: a domestic company wanting to buy a Russian oil tanker. In the first scenario, without the use of cryptocurrencies, the money would need to be deposited into an escrow account, which acts as an intermediary to hold the funds during a transaction, in one of the two countries, as a form of payment guarantee. That is, when the tanker arrived at the location, the amount would be released, and a foreign exchange operation with a future note would occur, bringing risks related to transport variables, delivery, product quality, etc.
In the second scenario, with cryptocurrencies entering the picture, all these steps could be less bureaucratic with the incorporation of a smart contract. The modality itself serves as a payment guarantee by being instant and secure. This way, all parties involved are on the same page, are less impacted by market fluctuations, and can carry out transactions without major difficulties.
More advantages, fewer risks
Although cryptocurrencies elevate financial operations to a new level of efficiency, the main concern regarding them is related to volatility. However, we must understand that this characteristic already exists today, regardless of the use of digital currency.
Mainly because it involves many third parties and a range of global uncertainties, this type of risk is intrinsic to current commercial relations. Nevertheless, using technology to eliminate unnecessary processes in negotiations is a greater advantage than any obstacle that may arise.
Cryptocurrencies remove all possible legal complexities that exist in international operations. Programmable modalities can absorb contractual exchange rate details, bringing more predictability to what companies can actually control and plan.
Regulatory journey
Amid the growth of crypto investments, regulation has become a major topic of global debate to ensure compliance and security in transactions. In Brazil, the only existing legislation on this market currently is Normative Instruction (IN) 188, which requires Over-the-Counter (OTC) trading services and operators to file an income tax report.
With the increase in investments in the sector, there is a strong need for this process to be further refined. This would professionalize the segment, as companies operating in it would need to follow certain standards, bringing more legal robustness to both individual and institutional investors.
Many organizations are still hesitant to invest in cryptocurrencies precisely due to the slow pace of regulatory progress. On the other hand, we cannot ignore that technological advancements linked to quantum processing and Generative Artificial Intelligence are helping many companies protect themselves from malicious agents, shielding operations. In fact, these tools will be indispensable in Brazil due to the arrival of DREX, the Central Bank of Brazil’s digital currency, expected to be launched in 2025.
The world of crypto is not something from a distant future. It is already a reality that is beginning to change how companies do business. Individuals and corporations need to increasingly understand that this is an important trend in the financial market, one that can boost businesses and entire economies.
