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Brazil Chapter Meeting - 2026/05/28

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The May 28, 2026, monthly meeting of the Linux Foundation Decentralized Trust Brazil Chapter focused on strategic initiatives aimed at advancing blockchain adoption within the nation's robust renewable energy sector and beyond a key upcoming event in Rio de Janeiro. A central highlight was the official launch of the new "SIG Energy" Special Interest Group, an initiative conceived five years prior to address the integration of decentralized technologies such as cryptography, digital identity, and IoT into energy contexts. This group is supported by significant partners including ANEL via Resolution 1150, the Chamber of Energy Commercialization, Iolab, and Palas for a dedicated event on electricity assets scheduled shortly after the meeting in São Paulo. The chapter also highlighted its affiliation with the Arab-Brazilian Chamber of Commerce to explore export opportunities for Brazilian blockchain solutions into UAE markets, while emphasizing Brazil's leadership as a renewable energy powerhouse where 93% of production comes from green sources. Despite these advancements, the community acknowledged significant hurdles preventing full market maturity, particularly following setbacks in government-backed projects like the Central Bank's Drex initiative and shifting global hype toward artificial intelligence. Experts estimate that Brazil is currently utilizing only between 20% to 50% of its blockchain potential due to a shortage of skilled professionals with specific industry experience and limited commercial traction for mature business applications beyond technical frameworks like Hyperledger. To combat these challenges, the meeting stressed the need for legislative support regarding traceability mandates in sectors such as agribusiness under FDA rules, alongside improved educational foundations in IT and emerging technologies. Success stories were noted in banking technology efficiency, vineyard traceability projects in Rio Grande do Sul, and legal tech solutions provided by notary offices, demonstrating that practical use cases are already emerging despite the broader economic constraints companies face when choosing between investments in IoT, AI, cloud computing, or blockchain. Looking toward future logistics and community growth, discussions centered on optimizing participation for the major Blockchain Rio conference taking place from August 11th to 13th at Expo Mag, replacing the previously difficult-to-access venue in Rio Centro which hindered travel for many attendees including international visitors like José. The chapter plans to establish a booth and host side events while actively working to improve crowd flow management and signage between auditoriums and sponsor areas to enhance the attendee experience. Beyond immediate event logistics, the meeting encouraged community members to transition from passive spectators into active content creators who can drive education and advocacy within conservative sectors like energy, especially in light of recent cyberattacks on power grids that underscore the need for resilient decentralized systems. Ultimately, the consensus was that long-term success will depend on humility, collaboration, and integrating blockchain deeply into computational ecosystems rather than relying solely on market hype cycles to sustain momentum after 2026.
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So, goodnight everyone. This is our monthly meeting for the Brazilian chapter of the Linux Foundation Decentraliz Trust, ALFDT. This meeting usually takes place on the last Monday of each month. And this month, exceptionally, we moved it to today, Thursday, May 28, 2026, due to scheduling conflicts, of course. Some of the people who are going to present here at the meeting were not available. So, we mutually agreed to change that agenda. Well, today we have a very interesting agenda with new projects from our community, events, and the opening of study and research groups. Well, we have some members here from the Brazil Chapter who are going to present some very interesting proposals, and we'll make it official. First of all, I wanted to remind you that we are here under the LFDT rules and we follow the code of conduct, right? The LFDT code of conduct asks that we all be tolerant of one another. Respect is given, and regardless of field of work, level of knowledge, or interest, everyone is very welcome. So there is no exception, there is no discrimination. So we ask that you follow this procedure; we've never had a problem before. It's just protocol for us to mention it at the beginning, right? Well, today we'd really like to present a partnership we have, blessed by the Foundation, you know, the Linux Foundation Global, with the group we have here led by João Carvalho. João Carvalho, besides being a very intelligent and proactive guy, is a great friend, right? He's a great friend of faith, a great friend on this journey, we do a lot of things together, right, João? We talk a lot, and João is working hard to bring about and promote this aspect of energy tokenization, decentralization, and everything else. In that context, energy is his area of ​​expertise. João is promoting an event that even has a discount, right, for the people from Capitulo Brasil. There's a promotion going on, it's a really cool event, we recommend it, we're inviting everyone next week, and at this event we have the opportunity to launch our study and research group, or our SIG, Special Interest Group, which João will present to you. So, at this moment, I'll pass the word to João Carvalho and ask him to show the website, share the material, tell us a little about the event, and also tell us a little about your journey there, João. Microphone here. Goodnight. Good evening everyone. Thank you, José, for the opportunity to participate in such a wonderful group that I say is full of warriors, right? Thank God. So, we're talking about blockchain energy, and as many of you know, since 2018, we've been participating in and creating several large events, including to discuss and promote the use of blockchain in the energy sector. So we're talking about not just the electricity sector, because I'm more involved in the electricity sector, but we also want to expand into oil and gas, okay? Because we realize that energies complement each other. So, based on all these discussions, all these years, practically 8 years, we were surprised this year with the publication of resolution 1150 by ANEL in January, more precisely, where it regulates, authorizes and actually begins the regulation of the use of blockchain. Then, taking advantage of the opportunity, they also brought in other emerging technologies, including smart meters, cloud services, and various others in the electricity sector. So, as we've been discussing this over the past few years, we've realized that there's an opportunity to expand this discount, this discourse, and bring in people who are involved in this subject, both from dealerships that are already developing some case studies, but especially from several of our other partners, including the Linux Foundation, through various technologies presented in other markets as well, the LFTD concept, and also our other blockchain developers. So, we're going to have a useful and pleasant event and we're going to start this event on the 3rd, which we call executive investment and energy asset management for the electricity sector. To avoid mixing things up when we talk about energy, and to keep other markets outside the electricity sector at this event, we focused on asset managers specifically geared towards the electricity sector. So, the schedule is already in place, and other panelists are also joining, but we already have practically 22 registered and published on the website. Several other companies are also supporting it. ANE confirmed its presence, as did the Chamber of Energy Commercialization, and BGD, the Brazilian Association of Distributed Generation, which is the area that most promotes the use of blockchain in the sector, among other partners. Blockchain Rio is also providing us with great support , as are Iolab and several other leading partners. Palas. So, those of you from São Paulo who are interested in participating, message me privately in the João Carvalho group. My phone number lasts 1133, and we can arrange some complimentary tickets for you to come and support us there, okay? And everyone is invited. This is practically the beginning of an event to discuss other topics for the electricity sector in the future. And then we're not just going to stick with blockchain; we're also going to bring in other technologies, other formulas that deal with the digitalization of the sector, and so on . I just finished here to participate in a big event here at GV with the participation of the Ministries of Mines and Energy, and also RPE, an energy research company. They are here and I participated. The event just ended and it was very interesting. There was a speech about the importance of the energy transition for Brazil, and Brazil today, thank God, is a top example to the world in renewable energies. To give you an idea, for those who don't follow the market, between 2000 and 2023 Brazil's energy matrix closed with 93% of its production coming from renewable sources. That's because what predominates, with over 50% coming from hydroelectric generation , is the large power plants, followed by solar and wind power. But then Brazil positions itself at that level. So I think that's very motivating for all of us, you know? We feel very honored to be involved in this environment, and especially to be bringing in the use of blockchain, which are technologies that we realize the world is still learning about. So when we bring this disruptive environment and you all from the community also participate in it, each within your own companies, within your own markets, it only adds value, okay? This is the beginning of a discussion. We've already held other events in the past, like the Blackchain Forum, the Brazilian Blackchain Energy Forum 2019, then participating in the energy tracks at the Blockchain Wheel Festival, and in 2020, the symposium on the potential of blockchain in the energy sector, Rio Innovation, talking about energy in web 3. Then we realized the opportunity to create this event because it's very strategic; it's opportune for everyone, not just those who work in the electricity sector, but blockchain developers also have a possibility, an opportunity to create solutions for this market. OK? So I really appreciate this quick pit stop, you know, to be able to talk about how huge this project is. Those who live in São Paulo and are interested, please access my profile in the group, introduce yourselves, and comment on any kind of interest you may have so you can participate with us. And I thank everyone for their support as well, you know? Hey, Joséo, especially Daniele, from L de Fora itself, who authorized the creation of the SIG, a very important person as far as I know. This is just my idea, okay? This idea came from Paulo Simões before the pandemic. He said, "João, we have to create SIG Energy because there are SIG telecom, SIG this, SIG that all over the world." The SIG in Brazil, in the world in terms of the electricity sector, is the first, okay? Last time Magno brought Magno from Petrobras, I don't know if he's here, uh, he also brought an initiative from outside that also brings an energy environment into Linux Fonda, but not like the SIG concept, it's another study, another very rich group, very valuable, if we could integrate the parts it would be very interesting. So thank you José, thank you to everyone there, thank you for the opportunity to participate in the pit, and those who want to join us next week are very welcome. Thank you, thank you very much. Let me show you. I posted the link to the website here in the group chat. I'd like to show the website here at the meeting so it can be recorded, right? It remains as it is, it is documented in the meeting recording. This meeting will be archived on our LFDT YouTube channel. So, you're only seeing this very nice website here, right? It has the entire schedule. The 23rd, next week is Tuesday and Wednesday, right, João? John, you're on mute. Oops, that last part of your sentence cut me off a bit, José. It's Tuesday and Wednesday in São Paulo. Tuesday and Wednesday in São Paulo. Where in São Paulo is it, João? São Paulo will be at Avenida Paulista 283. And it's a building, José, we insisted on that because, you know, in my adventures, I lived abroad for a while, right? I lived in Dubai for a year, and I found their culture very cool. They have many project opportunities, you know? To everyone else, they have a lot of money and they are so eager for projects. When we talk about Brazil, they have a great affection for the Brazilian people, a real desire to make things happen. So, I ended up getting very involved with these people from the Arab community, and we became affiliated with this... this chamber, called the... the Arab-Brazilian Chamber of Commerce. And I discovered the other day that not only are they connected to the United Arab Emirates countries , no, they are expanding to 22 countries around the world that speak Arabic, even outside the Emirates, which I didn't have this information about, I found out last week. So it's a huge business opportunity, and between an institution that promotes it, and being connected with these emirates, they are the only ones in the world. So, those who are interested in other markets can even contact me there, because we are now associated with the camera and have projects being brought from abroad to Brazil and vice versa, okay? They therefore have a huge potential to leverage their contacts there, the connections they have, they are among the biggest companies in the United Arab Emirates, Saudi Arabia and everything. So they have a lot of money to invest in various projects here in Brazil. OK? I'm only finding this out now. I've barely arrived, and two projects have already appeared. I've even introduced two of our partner companies; I won't mention their names now because you already know them, but we already have a connection with them to understand the opportunities we have, especially in blockchain, to take the Brazilian solution abroad to connect with these 22 countries here now. So, it's a very beautiful building. This building is the Santa Catarina, located at Venda Paulista 283. It was designed by Rui Otacque. So, for me, I see it as the most beautiful building on Paulista Avenue. It's an environment up there in his own auditorium, in the facilities. It's a very beautiful place, with lots of information about other countries, including decorations, artwork, and everything. Those who are able to participate are welcome; they will be very welcome. And that's exactly how it is. Oh, José, thank you. Jewel. So, guys, this is the event, okay? Here, look, is the Mentors Energy website, so here you have the entire schedule. Hey, I wanted to ask you, João, what time is it? We need to send the email to Daniela, because she's interested in sending us from the Global Foundation. Do you already have a schedule? Look, programming. I couldn't find the times in the schedule. What time does it start, John? Yes , Josélio. Well, the government is going to eat, I think it's down there where you point to the tickets, but it's going to be all day. Registration will begin at 8:00 AM, and then the lectures will start promptly at 9:00 AM . It will be two days, the 2nd and the 3rd, from 9 am to 6 pm, OK? And we still don't have a finalized schedule because each of us has different responsibilities. So, tomorrow, by the end of the day, we'll be able to finalize the schedule. We will then publish the schedule and the lectures that will take place on the second and third days. At the end of the example, we will have two panels to discuss what, mainly, is the main reason for our meeting, which is the resolution at age 50, which Nel will even be on stage discussing with us, in addition to the presentation talking about that as well. The person is from our community, Igor, I also know if he's here now, he's the one who will participate, he was even nominated by the agency, by the agency's board of directors where he works, to be able to represent us at the event. The Chamber of Energy Commercialization will also be present, and they will be on the panel on the first day . On the second day's panel, we will discuss the use of emerging technologies in the electricity sector. We're expanding beyond blockchain; we're also expanding into other technologies. There will be one, or rather two, 45-minute panels so we can wrap up the event at 5 pm. Very good, congratulations. Well, this event has official support, right? It has official support from the Linux Foundation. I even want to show you guys here. We have three events that are officially supported by the Linux Foundation, right? So, even on the website, at this address that I'll put here in the chat for you guys, and I've already put it in the group as well. I went to Rubens' event yesterday, José, which is the event that appears on that list. I was at that blockchain real estate event at Cubo yesterday . I was there, I was traveling, I made a point of seeing Rubens and he gave me a ticket, I was on my way, he quickly arranged the ticket, I participated, the cube was packed, the event was full, there was a rap performance at the end, it was very interesting. So LFTD is promoting this one of ours, Rubens' from last week, and there's going to be another one next week, right? I don't know Change. So, uh, this event happened yesterday, an event in the real estate market, it was an event promoted by Rubens, uh, it's in the Netspace group, about digital property. Well, they made an agreement, there was a 30% discount coupon for those who are from the Brazil chapter. And this event also took place at Cubo in São Paulo. Next week there's this big event, the one promoted by João Teodoro, from the Mentors Energy group. On the 2nd and next week, João is offering us special discounts and free passes. So, who's here from São Paulo? I think it's Fernando from São Paulo, but who else is from São Paulo? Magna and Curitiba, Malcai, I don't know. Bord Curitiba. Where is Thago from, Thago? Bahia. Bahia. What a great place, right, Thaago? Oh my God. Sun, folks. Magno from Rio de Janeiro also has a beach and everything, right, Magno? We're the only ones who don't have a beach here. With or without a beach. Hey José, it depends on the weather. Look, there's Magna! Hey, Magna. I mentioned you earlier; I didn't know you were there. I was here, I just hadn't said it before. Good evening, gentlemen. Quiet. You are welcome. Hey, José, it's like this, see? Those of you from São Paulo who are quick and want to participate, message me privately because the first three people to message me will receive three complimentary tickets. Ah, executive service is more expensive. Give the group a heads-up, okay? We have his contact information, we have João's contact information, okay? [laughs] So, this event this week, José, just to take advantage of it, first I wanted to congratulate João for the initiative, because I have from my own experience how difficult it is before, during, mobilizing people, doing check-ins, etc., during the event and after the event, you know? It's a very big challenge. So, João, congratulations in advance, and keep your sights set on the 2027 event. And just taking advantage of what you said, thank you. Thanks. What I mentioned before was about the Linux Foundation's special interest group, which is the parent organization, right, above the Linux Foundation Decentralized Trust, but it's the Linux Foundation's interest group on the energy market, the development of solutions in the energy market, because the LFDT has a greater focus on blockchain and decentralized business networks based on DLT. While development is within the Linux Foundation, it addresses [clearing his throat] the entire computing ecosystem. For example, it could cover Kubernetes, it could cover Source Code, it could cover Linux, it could cover a range of different research areas and scopes, okay? So that was my suggestion, and it's a journey, meaning that things will develop here in Brazil with discussion groups, etc. This could very well be taken up for discussion, possibly at the Lin Foundation board level, to discuss it with those people. In other words, LF Energy is parallel to LFDT, right? The issue is that we haven't had any LF Energy events here in Brazil yet, and I think, to my knowledge, there is n't even an LF Energy chapter here in Brazil. Okay, so I'm going to leave a rhetorical question hanging in the air, which is this: we're here in May 2025. Wouldn't it be a good idea to take the opportunity to talk to the people at the Linux Foundation about creating a chapter in Brazil within LF Energy ? Well, that's how the chapter works here at LFDT, so there are open possibilities for whoever is in charge, okay? That's all the signage is. Hey, José's back with you . If João wants to reply to what I said, feel free. José, did you hear me? Oops, sorry, I was talking to the mute person here. Sorry. You had mute mode activated there. Well, before we hand it over to João to handle this, we, the Linux Foundation, are a larger project, the larger Linux Foundation, and it has specific foundations. So, for example, we have our specific foundation, which is the Linux Foundation Decentraliz Trust. It used to be Hyperledger, now it has become LFDT, a decentralized trust with all the technologies, not just Ledger, not just blockchain, but cryptography, digital identity and many others. Well, we're going to talk about a project that's being developed here in Brazil, right? Well, it's being incubated as a laboratory right now within LFDT. But what Magno mentioned in parallel with LFDT, we have others, such as LF Energy, for example. Up here you can see, look how many projects we have here, right? LFDT is one of them. This is something we get so used to that we end up forgetting about it. Here you'll notice that LFDT is one of them. We have LF Networking, Risk 5, which is a hardware company, we have Cloud Native, and many others here. And we have this one here, which is a project similar to LFDT, but focused solely on energy. Magno, while you were speaking and we had already searched for this, we didn't find a Brazilian chapter. We found some uh signs here, for example, for architectural modeling, artificial intelligence, interoperability, grid simulation, modeling, but Brazil doesn't have any. What we're going to do, and I'll take this opportunity to pass it on to João so he can present the idea. We're going to create an energy signal within LFDT. João will lead, and we will support him. So it will be, just like the previous BZO Hub, which will continue, we will have a uh, a SIG, a group of interested, curious researchers who will study this part of decentralized technology, cryptography, digital identity, IoT and everything else in the context of energy, which may even migrate later, right, João? It can suddenly migrate to a global project. But João, uh, give us the Avant Premiere, right? Give us a preview of the SIG opening, which we want to do at the event, but at this moment, uh, I wanted it to be recorded, registered at the meeting. John, you can do it. The entire event will be recorded, you know, José? The entire event will be recorded, and even if we happen to draw what I wanted to with you, because in order to implement it, I don't know if you'll be able to hear it or participate, but we like to do it more in the afternoon, in the middle of the afternoon of the second day, to make it a little more impactful. We want to do an official launch, stop the lectures, have an official launch and create a quick ceremony of about 10 minutes to have it recorded, and everything will be recorded, giving references to the Brazilian chapter with this initiative of ours, because this was an idea of Paulo Simões 5 years ago, so I understood that it was good and now we see that the moment is opportune, the pandemic is over, all that craziness is over , so now everything is in our favor. Oh, right, I opened last week at the São Paulo office, you know? It launched there at 11.50 in order to regulate the use of blockchain. The market is so eager to develop solutions. So, uh, Nel also just broke her brand , so they are very motivated to create and support various initiatives in this regard. So, I see that now is the perfect time for SIG. Since we would already be set up with the event's structure, José, it's more about creating an environment where we can register the creation of CIGs and then, obviously, certainly in the future we can bring a proposal to expand to other countries within the model that we can define together, okay? This is our project, please. Thank you very much, João. So, today we're doing a pre-launch here. It's a project we've been discussing with João. João specified it, created a model, passed it on to the global director Daniela Barbosa, we got approval, we had several meetings , then it got approved again, now we're officially launching it here in the community and then we'll do the launch on the day of the event with all the pomp and circumstance, right? So, thank you very much, João. As Magno said, congratulations on the initiative. Thank you for the opportunity. I wish, I wish right now, we don't... we don't have two people who would be here with us, we miss them very much. A a Mari, né, eh, a Mariana Benedet, ela é a líder do A Mariana Benedet é líder do Beso Hub. We even have people here who participate in Beso Hub, right? Fernando. Thiago is also from Beso Hub. Thiago? I think so, but I wasn't very active then. Oh there. But thank you so much for being here with us. We are resuming activities with her. We want to launch a track at Blockchain Rio in the second half of the year, but it's in transit, it hasn't reached its destination and there's no signal along the way. So, Mari asked me to let you know, but we're getting back to it. Last year we started this group with 10 people interested in getting BESO certified. And then we started spreading the word, and suddenly the group grew to 60 people. We recorded several videos; it's a training program, you know, with a complete script for anyone who wants to get certified. And many people who did the course told me that the certification didn't matter , they weren't going to apply for the exam, and what mattered to them was the knowledge, getting their questions answered, and having a community, which is what we still have in the group today, right? So, this group gained international prominence. We had mentions at international events that Brazil did this, and documentation was created registering this group on the Wiki here in the Brazilian chapter, which later gained international prominence as one of the sources of BES content in Portuguese, videos, translations, materials. So, it was really cool. So, we're upgrading Capítulo Brasil from just spectators to content creators, material generators. And besides that, there's another project I'm speeding up a bit that I want to ask Magno to discuss later, the talks and the R blockchain, right? I have another project that I'm going to show you, and it's in this window. Hey, and I wanted to tell you a little bit about how the Linux Foundation ecosystem works. Uh, normally projects like José, allow me to interrupt, please, how does the Linux Foundation Decentralized Trust ecosystem work? Ah, that 's it. Ah, because the others are different. I don't know. That's why I'm saying good things. The others might be different because there are other directors managing things, you understand? It's possible that the one from LF Energy is different, or from LF Cloud, etc. Okay? Yes, you're right, you're right. It's also due to the technical skills of the people who work there, okay? Just to signal, and even for nature's sake, right? Because here we have code, right? The Linux Foundation Fund Centralizer Trust is more like... we have a lot of code, right? But we also have a lot of people from the business process side, for example, in the LF Linux area, which is the root of the problem; it's practically all coding like that. So it's just a model like that; we have a model at LFDT that is formed and follows the guidelines of the Linux Foundation's parent governance model, but it also has its own adaptations. So, guys, just trying to help you out, I think what you're suggesting is more related to Linux, specifically LFDT. Okay, sorry to interrupt, I just wanted to clear up the ambiguity. It cost. Thank you, Magno. Always on the lookout, right? So, folks, we have a model where we have some projects that are currently just projects, right? Hey, let me share this with you all for a minute now. Yes. So, we have several projects here at the Linux Foundation that you'll find on the Davis website, right, on our website, right? And so these models have several different technologies, which is why we stopped being just hyperger, because we are no longer limited to Ledger technologies. Today we have interoperability, digital identity, encryption tools and protocols, and various other projects, right? Some projects are more mature and are already in development, in production, and are used in various solutions around the world, right? These projects, like Bezo, Febric, and others, are already much more mature. They went through a roadmap, they followed a path, and now they 're there with developers, a team, communities, and everything else. But it all starts in the laboratories. So, laboratories incubate ideas, they bring forth ideas. We have some laboratories that are under development to test, to develop, to gather suggestions. So, a group, a company, a community creates, you know, a solution, submits it, there's a whole ritual, there's a committee that approves it, and once it's approved, it enters as a laboratory. So, here it is, propose a new lab. You have a whole model for you to propose your project. And this project goes to a technical committee, right, of evaluators, right, who will assess, discuss, improve and adjust it. And then launch it if it gets approved for a project. Here in Brazil we have some projects. For example, there's a project led by Marcos Sarre, Samuel Ven, and others who are founders of Goed, called CC Tools, which is a tool, a framework to accelerate development in Fabri. And now we have another project, which is this one here, the Vel Veltoracor project. Well, this project has some complexities, and I don't have the authority or knowledge to talk about it in depth because it's quite a complex cryptography project for the sector, not just the financial sector—someone corrected me on that once . It's a project that can be used for any type of activity, and it's a project being developed by some Brazilians, including João Paulo Aragão. And João Paulo was supposed to come with us today, but he's at another event and couldn't make it. So I'm going to ask him to present it. We're going to have an event, including one here in Brazil, where we'll present this project, and we'll have an international event in September. We're going to have a release in Portuguese that will explain this code. You see, it's here on GitHub, but we don't have any documentation yet, it's not complete yet, about what it does, how it does it, and how it works. I'm not going to venture an explanation so as not to give away any spoilers, okay? But if John arrives on time for the meeting, he will present it to you. And I'm letting you know in advance, we'll have an event that will probably be in the first week of July, and we'll have a global event in English to announce this, to invite the international community in September, okay? So, that's what we wanted to present about this laboratory. Well, speaking of the lab, and speaking of events, folks, we're getting ready to participate, to have our panel at Blockchain Rio. And Blockchain Rio is a very important event in the ecosystem. We're even thinking about having a community booth there . We are discussing this with the organizers. And I wanted to ask Magno to explain and record here for people, and for those who will watch this video later, what Blockchain R is and its importance. Well, especially since Magno is one of the presenters at Blockchain Rio, and he's also from Rio de Janeiro, right? So you know the event venue well, how it worked. He participated in all of our editions. There have already been three editions, right, Magno? Magno, tell us a little bit about Blockchain Rio. Good evening, everyone. Blockchain Rio, in my opinion, has been, since at least 2024, the main event about blockchain, technology, finance, and the entire market associated with it, in the Americas, from, let's say, Mexico southward. [Clearing throat] So, situating this part of the United States and Canada, the greatest movement of people, connections, commercial networks, markets, etc., as a hub, right, mainly for business, occurs here on the blockchain. Because I'm speaking here because it's been accomplished, it has been accomplished by Francisco and the Block Rio team, right? Hmm. It has been taking place in the city of Rio de Janeiro, a wonderful city, right? It has in its DNA the welcoming of foreigners, of everyone, of everyone who comes to Brazil. Well, and then the event, because it's already taking on more of a congress format, in my opinion. It has both technical discussion rooms and lines, as well as business discussion rooms, etc. It's as if each room is a mini-event within it, like each room is a symposium within it, you know? Well, not to mention the huge number of booths and sponsors participating in Blockchain Rio. This allows us, for example, to have professionals at the same event who deal, in my case here, specifically with blockchain technology, but from different technologies. So, there's the Ethereum group, the Cardano group, the Polcadot group, the LFDT group, Hyperledia, right? There's the group that's independent developers [clearing throat], the Solana team, right? So, everyone together at the same event talking about what, and this plurality, right, generates opportunities for us. So, this presents an opportunity for us to integrate with other technologies, etc. Furthermore, there are many people, many academics, who come from various parts of Brazil to participate in Blockchain Rio, right? So, uh, he uh, and so I hope and pray, you know, that the event will continue for many, many years, and precisely so that it also moves away a bit from that frequency of events that only happen in São Paulo, only in São Paulo, only in São Paulo. Ultimately, due to the size of the city of São Paulo, there is a very large convergence, a hub of people, etc., but it ends up polarizing only towards that region of São Paulo. And I believe that one of the goals of being there also means bringing people from other regions, not just from Brazil but also from South America, right? So, uh, remembering that, last month, or was it this month, José, was it this month, we had the great opportunity to talk with the people from the Paraguayan Blockchain Chamber. It was at that moment. And that was one of the initiatives that brings to Blockchain Rio the participation of Blockchain Latin America, where colleagues come from Uruguay, Argentina, Paraguay, Bolivia, Colombia, Chile, and various countries in Central America, Panama, etc. It's for conversation in a Spanish-language room with Brazilians, right, here with a traditional portal about how to apply blockchain in various areas, etc. So, it's a great opportunity. Within Blockchain Rio itself, I would like to highlight a room that historically exists specifically for discussing blockchain in the energy market. One of the instructors in this room, if I'm not mistaken, is João, who 's here. Well, and that has been gradually bearing fruit over time, integrating both consumers of technology and business solutions, and suppliers of technology and business solutions. Alright, José? I'll return it to you. Thank you, Magno. I'll post the event Magno mentioned here in the chat. We even had Magno as our host, the moderator of the event. Let me put it here for you. While you're putting it up, I'll also take this opportunity to say the following. Well, this year's event, if I'm not mistaken, will take place on the 11th, 12th, and 13th. On the 11th, the Blockchain Leaders event will be held at Casa Camoles, if I'm not mistaken. That's over there in the Joker Clube Brasileiro area, [clearing throat] in the Jardim Botânico neighborhood. And on the 12th and 13th, the event itself takes place in the Só Ideia region, where we answer some questions that people ask via YouTube, and we follow along. You're pressing play there, right, José, from the last event, the last talks we held, right? Sorry, I accidentally pressed play here. That's it, just the briefing, okay, everyone? Jéli, okay, I'll stop. [laughs] Two channels, [clearing throat] no. Beauty. So, uh, the event, right, this year, remember, on the 11th, 12th, and 13th. Uh, it's interesting to note, so stay tuned. I'm going to record this here so everyone knows that there are parallel events. So, Blockchain Rio, usually the lectures and everything, goes until 6 or 7 pm. However, several sponsors hold parallel events at night. Well, mainly crypto folks, among others, we have a traditional meeting of ours at ICOAB here in Rio de Janeiro, always on the first night of Blocha Rio, promoted by our dear Sandra, right? Oh, currently in China, you see? It's in China. Wow, you're already giving away spoilers here, huh? Oh, sorry, [laughs] that's why I knew you were going to say something. No, no, it's okay. Well, no, giving away a spoiler of what she might possibly bring here, right, to the next one at Block Rio, like information and business connections and academic connections like the research institute, which is ICAB, right? So, what I'm pointing out, folks, is this: stay tuned to the posts and things happening around Block R. That's what's important. In other words, a series of events promoted by sponsors, etc., take place during nighttime hours. They're side events, right? Side, it's side events. That. Side event. The side side is the best part of the blockchain event because what happens afterward is something people don't even know about. A gigantic, gigantic thing. It's because it's an opportunity for people to get closer, talk more, etc. So it will probably be on the 11th, which is Blockchain Leader Day, and on the 12th these side events will take place. Then everyone looks for what they can do, how to do it , etc. My question, and the advice I'd give to everyone, is: when you're at your booth on the 12th, ask the booth staff if you're going to be promoting any side events, anything like that, etc.? Then the people at the booth can explain it to you verbally. So here's a tip for the Brazilian blockchain community and for our friends in the Latin American blockchain community. Uh, replicas, etc. Is José with you guys there ? Guys, we've already created these dashboards within the R blockchain. I'll even use this to speak authoritatively. We organized Blockchain Rio 2023, 2024, and 2025, right, Magno? It's been 3 years already. Yes, we already have 23, 24, and 25. And now let's add 26. Exactly. So we started in 2023, 2024, 2025, and now 2026. This will be our fourth year . Eh, we called it Hyperledger Day, which was Hyper Ledger Foundation. Then it changed, then the name changed, it followed suit, right? We went through several names, but the one that stuck was LFDT day, right? So here we are at this event, with a full day of panels. So, we're inviting anyone who wants to present, it's in Rio de Janeiro, right? Anyone who wants to present a panel, send in your ideas. We usually have a lot of ideas like that, so sometimes we group them by theme, you know. Last year we did case study panels, right? We presented several case studies on digital identity. Digital identity. That's right, João. Financial market, Drex, we even had people from the Central Bank participating with us last year, as well as people from Banco Inter, Bradesco, ICOLAB, and several universities. So, we have this wealth, right? Because here in the Brazilian chapter we have diverse areas with professionals from various backgrounds: professors, researchers, developers, lawyers, entrepreneurs. So, we're going to make the most of this day. We're currently exploring the possibility of having a booth there to receive people, share materials, and do other things. And all of this is from September 12th, 13th , August 13th, right? But are you going to keep that auditorium room there, José Alin Stand? Yes, we'll have the whole day. Yes, it will be integrated, they will be integrated side by side . So, it depends on the environment there, it seems to me. No, because if you go to the same place in that environment, that corridor there has several moments that remain, several moments that can be set up there. I'm saying this more from a logistical standpoint, because as you know, last year the event was almost impassable due to the sheer number of people . I thought that was really cool, very interesting. But depending on where you place it, it could disrupt logistics for those who want to attend the lectures and the event. So I'll talk to Francisco so you guys can perhaps create a closer connection between the stand and the auditorium, because I think it's going to be in the same place, in that big room over there. It's what we complained about in the past that remained hidden; people couldn't find us. Then they opened the door and could n't find us. I remember, I remember that. Then people would be searching within the group, and we'd leave someone outside to see everyone, right? In fact, a problem occurred in all the rooms that we call signaling, or signaling. And we gave this information as feedback to the Block Rio organization regarding the signage issues at the events taking place in the rooms, and logically, the access to and from the rooms. And I don't know, José, if you could get in touch and talk to the Block Rio organizers about this weakness that occurred in the past, which was so much, there were so many stands, so many stands, that there were several stands in front of the entrance and exit doors of the rooms. Exactly. It ended up making access to the rooms difficult. So, just to remind you, if you, José, as the representative of the Brazil Chapter, could you speak to them and let them know, look, we need signage in the rooms first. Which room is it? What is it? And you have to manage the flow of people within the event in a sort of way. It has to be, it has to be, Magro, it has to be, it has to be. I think, I think that this year, maybe, I don't know if Francisco will be at Expoaginda, right? In the same location. Yes. Yes, yes, yes, yes, yes. This year he should get another floor. Yeah, I think it'll get another floor because it was quite noticeable last year. Yes, perhaps adding another floor would improve the whole issue . I'm telling you this, José, because we experience this environment firsthand, you know? Well, it shows up in one place, then another one, which one is in a corner, and your stand is somewhere else. Okay, they're independent things , but in this case, if you said you're going to set up a stand for us, and you're going to keep that room, if you're going to keep the same room, I would suggest you talk to Francisco about creating the stand next door, in that parallel corridor there, to make it easier for anyone who wants to participate in both environments, you know? True. Last year I remember Magno went to the administration office, picked up a map, and even the event organizer couldn't find anything. We have a problem [clearing the throat] that's that big , it has to improve every year. I think this year will be even better than last year in this type of situation. Yes, yes, the comment was, as I said, Block Rio, it is today the biggest event in terms of the number of people and business, let's say, business deals made, discussions held, in Latin America, from Mexico southward. It was born this way, it was born this way, it was born this way. So, uh, when, uh, that's when we start to get into the issue of scalability. When an event gets too big, you need waves of refactoring, right, of the application, that is, and there are many cases of refactoring, of the event organization so that it gains scalability. Me, being a native of Rio, I still prefer the event to be at Expo Mag, because it's easy for people to get there both by highway and by car. It's near the subway, and near the future headquarters of the United States Consulate in Rio de Janeiro. Yeah, it's near Santon airport. Yes, and there is accessibility via Uber, Cabify, 99 Taxi, etc. Even the legal location, meaning a really good location, you know? Rather than, for example, going to the large, old convention center in Rio de Janeiro, which is located in Rio Centro, which is very, very far away, very difficult to access, and you get lost a lot, you know? So, for example, being in the new city, José leaves the event at 4 pm and manages to catch his 5:30 pm flight to go back to Curitiba, whereas if it were in Rio at Rio Centro it would be impossible, he would have to go only the next day. So, this has a direct relationship with the number of facilities that exist there now, I think it's changed to Expo Rio, right? Uh, what size is it, etc. But that's normal. So I hope, if possible , if the administration and promotion of Bloco Chen Rio can achieve greater scope for that lower floor, right? Considering that the ground floor is dedicated much more to the food, drinks, etc., organizing fairs and everything else. Well, that 's it. So, we expect a massive presence from the LFDT blockchain community, the Hyper Ledger blockchain, and the rest of the blockchain community in Brazil, in the city of Rio de Janeiro, on August 11th, 12th, and 13th, 2026. José is with you. We seek benefits, discounts, and opportunities for the community to share their knowledge and experiences, and to generate employment. At the end of the day, everyone is looking for a livelihood and a better life. So, uh, we're looking for networking, partnerships to build businesses together, create startups, and find jobs. Well, our goal here is to help people, right? And here we are, look at all the things we're doing in Brazil and taking to an international level. Magn rightly pointed out that our events have a level of excellence that attracts people from Latin America and other countries. We've already had our stand, sorry, on our stage, uh, the founder, right, Charles Hoskinson, who's from Cardano, we had Sofia Lopes, who's from Caleido, and global personalities and also, uh, the leading figures, right, here in Brazil. And from there, we create an ecosystem, we create a network. So, nowadays, and I always talk to Boy, right? Nowadays we have friends, right, in the big banks, in the big institutions, in the government, right, Boid, we've opened up a huge network, haven't we? It's the networking that comes with all these contacts that's impressive, isn't it? Beyond all the learning you have in the specific area, you 're always opening up new avenues, right? Uh-huh . Also, the results that come from that contact are quite interesting. Thank you very much, Bo. Okay, folks, let's wrap things up here because we're already past the scheduled time. I thank everyone who is there. If anyone wants to comment, the floor is open. Fernando, I just want to say thank you, I can't help but, right? I think that suddenly one of the topics that was discussed, and very important in relation to the fact that we are here officially creating the SIG with all the participants who are here with witnesses, with a recorded environment, you know? Thank God, we have dedicated a lot of effort to this. Thank you so much to you, Daniela, and everyone in the community. I know that even those who participate or don't participate, directly or indirectly, are also part of the context. You know, I would really like to thank you. I'm sure we're going to make things happen, not just to keep making a fuss about creating things like that, just talking about this block , that, technology. Like you said, job creation, we have to make something happen, boost the country's economy, grow the electricity sector, the energy sector as well, including gas, where Magno works, uh, with these initiatives in favor of, in favor of, like, our legacy is something we 'll have to leave, you know? So, we're all excited and enthusiastic about this kind of initiative. So, I would really like to thank you all for the support you have offered so far. I'm sure this will be the start of a great project. Thanks. Thank you very much, João. Thank you so much indeed . You're family. Thank you, John. Amen. We're in this together, Joseph. Together. Fernando, he has his hand raised here. I don't know if he has any doubts. Do you have a question? That. That. Fernando, please. Thank you, Magna. Thanks for the content, right? I really enjoyed listening there again today, being able to participate. I have a question, and I'm not sure if you, José, or Magno, could answer it, regarding the blockchain ecosystem. I have the impression that here in Brazil it has n't yet taken off as much as it should, right? I realize that there is a movement there, yes, but the perception I have here outside of Brazil is that it's already more developed than it is here in Brazil. So what do you guys think? You guys have a slightly more outside perspective, right? What do you think is the current situation in Brazil, in terms of perception, if we were to put it in percentages? We've already reached 80%, 50%, how would that feel? José, after you give your opinion, I'd like to speak. Sure, I'll say, Fernando, that I have great concern about that. We have, and I saw your resume, you know, I saw your LinkedIn page, it's a really great resume. We have people like that, with technical knowledge, experience, and enormous potential, and yet we don't see blockchain projects in Brazil taking off, do we? [Clearing throat] people realize that's how it is, and a lot of people, just last night I was talking to a colleague from this group, right? He's not in the meeting, but he's abroad right now. And he's saying that he can't refuse job offers from overseas projects because they pay much more, are much more organized, and have much more potential, right? Well, we had a great breakthrough, Fernando, with Drex, which is where people are saying, "Wow, we're going to use BEZO," the Central Bank is going to create a standard, create a backbone, and then the fintex companies are going to become financial fintechs [clearing throat], everyone is going to plug into this backbone, and then they're going to create solutions integrating blockchains and other technologies. Then the Central Bank gave it a boost and then took a lot of steps back, for various reasons that we're not going to go into here now, but it cooled down the market. And another thing we've noticed is that Brazil is living a lot on hype, on sensationalism. And the hot topic right now is artificial intelligence. So, artificial intelligence is taking away a lot of resources. I'll tell you, I won't say the name, I don't have that authorization, but there were people from Big Tech who had a blockchain project, you know, ready to be implemented in institutions. Then they cut all the teams to put in artificial intelligence resources that have more visibility. And then the blockchain projects stopped. [sighing] On the other hand, uh, a manager, you know, an entrepreneur from the Brasília market told me the following: uh, the market is going through a test, you know, a filter, and the good ones are staying and are managing to find placements with some difficulty, but they are managing, you know, to find placements in projects. Well, and then , they're going to establish themselves, they're going to mark their territory, because those who were just speculating, you know, they were opportunists, they're going to end up being left out. But all of this is just a theory. What do we need, right, Fernando? We need concrete opportunities, right? I'm going to work here, I'm going to earn well, I'm going to do this. What are we doing? Well, within our community, we're looking at projects and trying to give them visibility—to the projects, the companies, and the people. So, look, João is bringing his ideas, and Magno is promoting things, right? You put yourself out there, you present yourself to the market, we help each other out here, we give talks, we form study groups, and one person comes from another and already recommends you. So, a colleague of mine already showed me the other person's resume, and mentioned a job opening there. So you create a community, just by being there observing and posting things, we're alive, right? It's active. That helps a lot, right? We are what we expect. Events, of course, sometimes an event isn't something we need, but when we can participate in online events, like we had here with the Paraguayans, where Magno was the host. Yes, and these events also give us the opportunity to showcase what we have and meet people. Now I'm going to ask Magno to add to it. Well, now that the experience becomes apparent, right? Well, what did we bring from that time, from the time of chipped stone or from the time when we typed on A4 paper, right? He typed, bam, typed, [clearing his throat] then he saw the technology, cell phone, etc. Well, the first version of Oracle Database Server as a database server, from the research I've done here, is from 1977. The first time I professionally worked with the Oracle Database Server runtime was in 1999, right? But especially from 1997 onwards , Oracle grew significantly as a database server; that is, it took 20 years from academic production to the availability of a commercial solution as a database server. Well, we had a milestone, let's say, in the birth of blockchain in 2008 with Satocha's talk at Camoto. We're almost at what would be 20 years of blockchain technology. Well, if you search the internet, uh, I 'm talking about April 2026 here, but at any time you're listening to this video, look at the Gartner Hype Cycle graph. So, in Gartner's hype cycle, blockchain as a general element, mainly from now on, from the beginning of the second half of 2026, it's entering what we call the disillusionment curve, which is the disillusionment curve on the graph, that moment when the rise has passed, the hype has passed, everything has fallen, etc. And it entered a valley from which, subsequently, emerge the companies, people, and technologies that maintained resilience in that area, right? Well, we had an example of this, literally, that Rogério talked about regarding the hype, which was Drex, promoted by the previous administration of the Central Bank of Brazil, and then the Central Bank's own technicians had a lot of difficulty, etc., in formalizing it, changing rules and everything else, but the discussion was very good for shaping that. [Clearing throat] Uh, to format that in the sense of, ah, where are we going, as an information exchange hub, a, let's say, backbone for financial transactions in Brazil. Remember, Brazil already had one, but it wasn't based on blockchain technology, right? The idea was to have one based on blockchain technology, as we have, remember, we have a video here with the people from the Central Bank, and I don't remember his name now, uh, José, you can still check it out, which was one of the first talks we did, which was very enlightening in terms of, if you remember, with Aristides, great, with Aristides, a very fine person, he explained that Drex, in this case, was a formal platform, just as SAP is a platform, uh, Service Signal is a platform, uh, Systems is a platform, that is, it would be a platform for developing business solutions on top of that platform. That's what Drex was really like , right? Well, how are we doing now? Well, blockchain comes into play here, and it has to be structured, in my view, within the layers of a computational ecosystem, with a specific purpose within that ecosystem, and no longer simply as a hype, as it was some time ago in crypto-economics, etc. So, there are a number of derivative industries. [Clearing throat] And then we always ask ourselves : "How does Brazil stand on this?" Well, Brazil's position depends on the industry. So, for example, in the banking sector, we're at the top, at the very top of the list. We have the fastest and most efficient banking technology because of what we experienced in terms of technology in the 1980s, right? Well, we have companies emerging that are operating in the agribusiness market. Well, in 2024, if I'm not mistaken, we had the case study of vineyard traceability presented by ICLAB, right, about the vineyard terroir in Rio Grande do Sul. So, the agricultural market is very much dependent on the rules of the FDA in the United States and America; it needs traceability. So, when talking about traceability and multi-company relationships, he mentioned blockchain. Yes, there are other markets, for example, the market for existing assets, etc., which is what we call legal leadership linked to notary offices, right, which has also been growing gradually here in the country. So, let's say that the use of technology and things associated with blockchain is coming from the edges to the center. So, what are our challenges, in my opinion? So we still face the same challenges that were well debated here. Well, me, Joséo, Curtney, and other colleagues were on the live stream, which has to do with first-time people training, right? Ah, the world today is entering a stabilization phase in the number of births, which also implies a stabilization in the number of people with academic degrees who are able to work in information technology. This means that we will really need artificial intelligence tools to expand and scale, supporting information technology. Well, this bottleneck exists. It is people who create the art of disruption, not a machine, it is people. And this disruption is necessary for us to evolve. So, how do we deal with this, you know, to train people, to attract people to the market? So, this is a point that relates to the training of our colleagues —computer scientists, systems analysts, computer engineers, and various other engineers—and everyone else is very welcome in the field of information technology. Uh, the second point has to do with [clearing throat] uh, the sponsorship of projects, right? Many market leaders have to make very complex decisions. The budget is always limited, because the budget is a scarce resource. And often they have to make decisions that will deal with the capacity, what we call capacity planning, for the realization of what the company has within it. And that requires choosing whether he will invest in IoT, in artificial intelligence, in blockchain technology, or in a new cloud computing environment, taking everything to the cloud, bringing it to a premium, doing a mix. So it's a complex environment, you know? Well, as I said, it logically depends on this sponsorship and the amount of things happening in the market that transact and enable commercial transactions. And that's where I think blockchain comes in quite a bit, right? Yeah, it comes in quite a bit as a facilitator. So, one thing that could help further down the line is a possible resumption and increase in the amount of commercial transactions within the country itself and between the country and the outside world. Well , planet Earth is currently experiencing a situation with wars. We know that there are several wars happening, and changes in polarization, etc., which end up influencing the allocation of resources that will ultimately affect projects, right? So, what we're hoping for is that in the coming years this allocation of resources will return to Brazil. Well, and that we have more resources allocated to new initiatives that the business community will bring, which consequently need to be supported by computer systems. And these computer systems can have blockchain in their back end, depending, for example, on regulation, which João brings up very well in the electricity market, as well as in the pharmaceutical and food sectors, and within the biomethane market, for example, there is new legislation. So, there are a number of things that also depend on the legislator, right? right? So, when the legislator requires traceability, this ends up obligating companies to set up computer systems that deliver this traceability. And it's a good thing that we already have computational frameworks today, such as the Hyperledger frameworks, that enable the development of solutions that allow us to create a solution that has end-to-end, long-term traceability, etc., with communication both within the company and outside the company, in the model that we call mixed or cooperative governance. Well, uh, that's a reality we see and, uh, in my opinion, we should continue studying and addressing it. There is a lot of research going on, a lot of academic research going on. Professor Anderson Santos gave a presentation in previous talks about the issue of compiling and how much compiling is applied to blockchain frameworks, blockchain technology, and so on. Right? Not to mention the various market solutions that are possible. So, going back to José here, what he said was, when you work with technology, it depends on resilience, right? And resilience is based on a good basic education. a good basic educational structure that comes from undergraduate studies. So, the more we are a country, the more it guides the training of people in good universities, with a well-structured course, then when people start working as interns, then as junior analysts, etc., they study the foundations that form computer systems, and everything else comes naturally, in a smooth way, because the mental model is already formed and people can adapt it to other computer systems, including employing blockchain. That's it, José's with you. I don't know if anyone wants to reply to what I said. Thank you very much, Magno. We've given the floor back to you, it's open. Fernando, is everything OK? Fernando, okay . Just one more to finish here, right? If I had to think of a number there, it would be, for example, super feeling, right? Brazil has already progressed by 10% or 20%. What do you think? I'm only considering a very superficial number. In my opinion, it's 200%. Ah, or more like that , because I, I am, uh, I am José, maybe I'm also in the Ronka era back in 2014, 15, like Hypeleg, etc. Well, back in the 16s, we tried to get answers to our questions online, but there was no one there. You needed to develop something, and there was nobody. That was back when we used to say that blockchain development for corporate computing systems was a somatostat, right? We used to joke that it was a complete pioneering effort. Today, in technological terms, we already have the frameworks established. You can now assemble the architectures; you can bring things from HyperLager, the Etheréa platform, Cardano, Solana, Pocadot, among many others, according to the computer system architecture model you are assembling. This is related to graduation. So, uh, the technology itself and the technological tools, the technological components, they are no longer, they definitely are not an obstacle to the development of computer systems that support business solutions. There are other things involved , as I said, these other things are, uh, the training of people, skilled people, right? Tell me, who can hire a professional with 5 years of experience in blockchain systems development right now, on an instant basis? It's very difficult to find a professional like that. So this takes time. And secondly, sponsorship from businesspeople, the business community, the government, and our congress, is aimed at creating business opportunities, etc. and legislative measures to enable the development of computer systems using blockchain. José, please complete the answer. And John, if he wants to as well. Bod. Well, I think, Fernando, it's difficult to give a single number because there are so many aspects involved, right? If you think in terms of the ecosystem, Magno is absolutely right, he's 200% right, even more, because, look, today we have, you see, we 're here, right, on a Tuesday, almost 8:30 at night, on a Thursday, almost 8:30 at night, talking, exchanging ideas, we have contact, we have a group with almost 300 people, we have events, we have content. So, we've evolved a lot in that regard. Still on the market. Magno was also right when he said, [sighing] the businessman still hasn't recognized it yet, the market hasn't matured enough to uh capture all this technology, to transform it into a business. This is perhaps still at 40-50% of its potential, but what does that mean ? That which has a lot to do, has a lot of opportunity. And that's what we're doing here, trying to bring people together and motivate them to make these things happen. I said the same thing, J even recorded it at the first Blockchain Wheel event in 2022, when we coordinated the energy tracks there. I've recorded it on YouTube, including on Blocken Hill's channel, where I emphasized exactly that. The downside of the situation, you understand? The thing is, it's not happening. I 'm talking about 2022, but today in 2025, I think Magn is being very enthusiastic with that percentage he gave. Brazil may be growing. One of the biggest powers in the use of blockchain, especially on a global level, because, honestly, Drex was a model envied by the entire world. Several countries have tried to explore and copy the model. Unfortunately, we ran into a safety issue; the guys braked suddenly. I think the behavior surrounding this technology shift, aside from blockchain, was very political. The Central Bank never said that it had removed the blockchain from Dux. That's publicly known, you understand? So the downside, José, is that almost nothing is happening for me , OK? The good news, my dear, is that there are many opportunities, many things that can happen. And we've been discussing this group environment here, which is our group that's been around for how long? This whole thing has been going on for almost 10 years, because I've been around for about six or seven years, coming here with Curto Na Guimarães, with Paulo Simões, Risk, Bernardo Madeira, among others. How long ago did they form the group ? Who was talking about blockchain 10 years ago, you know? We've been challenging the sector since 2018; it's been 8 years since we started studying it. There was already another initiative behind it, and the group was already formed, you understand? So I think, like, I'm also very enthusiastic about the use of new technologies, not just in energy, but for all markets, and I even have some personal projects related to that. So I see that we're at this level of discussion, thank God, and we 're at a very important stage of maturity . Everyone here knows, everyone's involved with technology, Magno's in charge of projects at the super company he works for, right? And we're also in the energy sector. So I see that this whole issue is that not much is happening in our eyes, because when we participate more in the community, we suddenly know the role of each individual. For someone outside the blockchain community, when you mention blockchain, they don't even know how to spell the name, they don't even know how to pronounce the term, you know? So it's a new subject for the whole world. I think we really need to be very humble, because the world is still learning about blockchain, you know? The whole issue with Bitcoin, which was the basis of Bitcoin, was blockchain and other cryptocurrencies that also came later, which were very interesting. Eh, eh, it's been around for many years. So this whole issue of discussing blockchain, bringing it to other markets, especially in what Etion brought with Vitelic's discourse, well, he's the one who created this smart content thing, who brought up this provocation before Vitelic? Nobody. I don't know that place . So I think we're in a very cohesive group. Those who have actually managed to stay in the group and have been participating in the events are insisting on this type of technology. As difficult as this may be, you see, Rogélio? Hey José, if you said the market has n't yet absorbed the blockchain issue, imagine the energy sector, a highly conservative sector, especially since oil and gas are necessary, for national security reasons. So, how does that work? What will I use blockchain for? Last week there was a hacker attack on a giant energy reservoir. 130,000 consumer data records were hacked. That's when it came to the media. Oh, that's great. So we realize that when this happens, this situation, we get sad because the sector is hacked and we wouldn't want that to happen, especially because the population is affected. OK? If a power distribution company falls into the hands of a hacker, he can take an entire city or half a country offline with the push of a button. That's annoying, okay? The good thing about this is that we want to make companies, dealerships, and industry leaders aware that there is a need to broaden their perspectives and make massive investments in modernizing the sector and advancing new technologies. And may blockchain, my friend, be very welcome. Very good. Beautiful words, João. Folks, we're going to wrap things up now, we've been here for almost an hour and a half. It was a very productive meeting. Fernando, thank you very much for your approach, it helped a lot. I also want to thank Thiago, who is here with us. Malkai, Malcai is here. Thank you, Malcai, for staying with us until now. I thank Dr. Magna for stopping by, Jean for stopping by, and so many others who were with us during some parts of the meeting. Hey, we'll get news from Mari, Besu, and João Aragão and post it in the group. So, take care, everyone. Take care. José, José, excuse me for interrupting. Well, we have a scheduled chapter meeting at the end of next month, which is June. Right ? Well, if it's possible and you have contact with Francisco from Blockcha Rio, check with him if it's possible for him to participate in our next virtual meeting, so he can join us and talk a little about what he's planning regarding what's coming up for Blockcha Rio, right? It's about what's new, what's traditional, and what 's important to keep traditional, with the presence of various government agencies, companies, etc. I think it would be interesting if you could get him to stop by in a month to chat with us and also take the opportunity for him to promote Block Rio on social media. Perfect. Beauty. Thanks. Thank you, Magno. Guys, thank you all. Good rest. May God be with you. Until next time. Take a screenshot. Make sure to take a screenshot of this meeting so we can mark the official launch of SIG, okay? [laughs] I'll make another one, I already did. I'll make another one here. Thank you, everyone. Until later. Thanks. Until later. Goodbye. Thanks. Thanks. Thank you all. Thanks.