Quality of the codes, regulatory compliance: e-Core’s role in the first B3-approved tokenization transaction

The Challenge

Bolsa OTC Brasil, in collaboration with Bradesco, aimed to conduct the first tokenization transaction approved by the Central Bank of Brazil. The project involved issuing a Bank Credit Bill worth R$10 million (USD$2 million). Ensuring the security, quality, and regulatory compliance of this innovative financial operation was critical.

The Solution

e-Core assisted in the migration to AWS, ensuring the quality and security of the codes used. We conducted “White-box” tests, mitigated security breaches, and ensured the project adhered to AWS Well-Architected Framework best practices. Our involvement guaranteed effectiveness within the regulatory sandbox of the Central Bank and timely project delivery.

Impact

• Significant Financial Innovation: The project marked a significant milestone in financial innovation for Bolsa OTC Brasil and the Brazilian banking sector.
• Regulatory Compliance: Ensured compliance with the Central Bank of Brazil’s regulatory sandbox.
• Secure and Quality Code: Maintained high security and code quality standards through rigorous testing and best practices.
• Timely Delivery: Achieved project goals within the set timeline, ensuring effective implementation.