All markets, without exception, are getting more digital and faster.In the business universe, companies want ways to receive and make payments that are easier, more agile, without much bureaucracy and with lower costs. Therefore, it is not surprising that cryptocurrencies have come to be seen as a hub of innovation, with a huge ability 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 action of this feature, as it allows the incorporation of technologies such as blockchain and smart contracts.
To illustrate, we will think of two scenarios of the same situation: a national company that wants to buy a Russian oil tanker. In the first, without the action of cryptocurrencies, the money would need to be contributed to an escrow account, which acts as an intermediary to store the resources during a transaction, in one of the two countries, as a form of payment guarantee. That is, when the ship arrived on site, the amount would be released and a future note exchange operation would happen, bringing risks related to transportation variables, delivery, product quality etc.
In the second, with cryptocurrencies coming into play, all these steps could be less bureaucratic with the incorporation of a smart contract. The modality itself serves as a guarantee of payment for being instant and safe. In this way, those involved stay on the same page, are less impacted by market fluctuations and carry out the transactions in question without great difficulties.
More advantages, less risks
Despite raising financial operations to a new level of efficiency, the great fear regarding cryptocurrencies is related to volatility. However, we need to understand that this characteristic already exists today, regardless of the use of the digital currency.
Mainly because it involves many third parties and a range of global uncertainties, this type of risk is intrinsic to current business relationships.However, using technology to eliminate unnecessary processes in trading is a greater advantage than any hindrance that may arise.
Cryptocurrencies take away all the possible legal complexities that exist in international operations. Programmable modalities are able to absorb contractual exchange details, bringing more predictability to what companies actually have a chance to control and plan.
Regulatory day
In the wake of the growth of crypto investments, regulation has become a major global debate agenda in order to ensure compliance and security in transactions. In Brazil, the only existing legislation on this market today is Normative Instruction (IN) 188, which obliges Over-the-Counter (OTC) trading services and operators to make an income tax report.
With the increase of investments in the sector, there is a strong need for this process to be improved. This would professionalize the segment, since the companies that operate need to follow certain standards, bringing more legal robustness to personal and institutional investors.
Many organizations are still afraid to invest in cryptocurrencies precisely because of the lack of speed in the regulatory field. On the other hand, we can not fail to note that the technological advance linked to quantum processing and Generative Artificial Intelligence has been helping several companies to protect themselves from malicious agents, shielding operations.Inclusive, these tools will be indispensable in Brazil due to the arrival of DREX, the digital currency of the Central Bank of Brazil, scheduled to be launched in 2025.
The crypto world is not something of 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 boost businesses and entire economies.