All markets, without exception, are becoming more digital and faster. In the business universe, companies seek ways to receive and make payments that are easier, faster, less bureaucratic, and with lower costs. Therefore, it is not surprising that cryptocurrencies have come to be seen as a hub of innovation, with a huge capacity to optimize trade, especially in operations involving different countries.
Basically, this solution guarantees 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 feature, as it allows the incorporation of technologies such as blockchain and smart contracts.
To illustrate, let's consider two scenarios of the same situation: a national company that wants to buy a Russian oil tanker. Initially, without the action 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. In other words, when the ship arrived at the location, the amount would be released and a future note foreign exchange operation would take place, involving risks related to transportation variables, delivery, product quality, etc.
Already in the second, with cryptocurrencies coming into play, all these steps could be less bureaucratic with the incorporation of a smart contract. The very modality serves as a guarantee of payment because it is instant and secure. In this way, those involved stay on the same page, are less affected by market fluctuations, and carry out the transactions in question without major difficulties.
More advantages, fewer risks
Although it elevates financial operations to a new level of efficiency, the main concern regarding cryptocurrencies is related to volatility. However, we need to 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 relationships. However, using technology to eliminate unnecessary processes in negotiation is a greater advantage than any obstacle that may arise.
Cryptocurrencies remove all the possible legal complexities that exist in international operations. Programmable modalities are capable of absorbing contractual exchange rate details, bringing more predictability to what companies actually have the chance to control and plan.
Regulation journey
Following the growth of investments in crypto, 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 submit an income tax report.
With the increase in investments in the sector, there is a strong need for this process to be further improved. This would professionalize the segment, since the companies operating need to adhere to certain standards, bringing more legal robustness for individual and institutional investors.
Many organizations still hesitate to invest in cryptocurrencies precisely due to the lack of speed in the regulatory framework. On the other hand, we cannot overlook that technological advances related to quantum processing and Generative Artificial Intelligence have been helping various companies protect themselves from malicious agents, safeguarding their operations. Furthermore, these tools will be indispensable in the Brazilian territory due to the arrival of DREX, the Central Bank of Brazil's digital currency, scheduled to be launched in 2025.
The crypto world is not something from a distant future. It is already a reality that is beginning to change the way companies do business. Individuals and corporations need to increasingly understand that this is an important trend in the financial market, which can drive entire businesses and economies.
