Crypto-BRL, or cBRL, has a one-to-one parity cryptocurrency (1: 1) with Brazilian currency (BRL). Developed using the ERC20 standard, the token is based on Ethereum blockchain technology.
Any institution can apply for a voluntary auditor. These auditors are allowed to access,the "read only" mode, only to the real-money-backed account (s).
CryptoBRL will have a wide range of new applications with liquidity and credibility, all in a distributed and transparent manner, as detailed in the Whitepaper.
Concerning the credibility of CryptoBRL tokens repurchase capacity, they will be distributed through voluntary auditors, as well as the monthly and public presentation of the balances that allow the tokens to circulate.