Framework for Integration of Financial Transactions between the Centralized Model and the Blockchain Distributed Model
Blockchain technologies have been extensively studied in recent years, bringing with them the promise of a significant change in the lives of people, organizations and current business models. The financial industry is undoubtedly one of the most centralized segments in the world. The secure and centralized model in which institutions conduct financial transactions is on the alert, as blockchain brings with it seven principles: i. Integrity in the network, ii. Distributed power, iii. Value as an incentive, iv. Security, v. Privacy, I saw. Rights preserved and vii. Inclusion. We argue that - in an increasingly digital world - blockchain can be used to leverage new business and include non-banks in the financial system and consequently in the economic system. In Brazil, there are approximately 50 million non-bankers. This work aims to 1) present a business model within the Brazilian financial system using blockchain; 2) present a prepaid product in virtual Real currency to any Brazilian citizen, whether they have a bank account or not; 3) present a hybrid (public-private) model of architecture with the distributed blockchain technology; 4) present and implement methods and algorithms in transactions in the proposed architectural model. In addition to the proposed models, simulations of financial transactions using blockchain are presented. We hope in this work to do a proof of concept, demonstrating that it is possible to promote the financial inclusion of people who today are excluded from the Brazilian financial system, since blockchain networks open up the possibility of a decentralized world, where technology users can be trained without being linked to third parties.