Tech

Tech Roundup: Is Brazil ready to ditch printed money?

This is our weekly digest of the most important news on technology and innovation in Brazil. This week: digital payments, social media, HR techs, and more

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Image: Slowdown99/Shutterstock

You’re reading The Brazilian Report’s weekly tech roundup, a digest of the most important news on technology and innovation in Brazil. This week’s topics: Brazil’s transition from printed to digital money is harder than it looks; the HR tech landscape in Brazil; Facebook’s crackdown on fake accounts across Latin America. 

Transition to digital currency is harder than it looks

In the Covid-19 world, printed money can be a health hazard. In South Korea, the government went as far as burning cash and taking custody of banknotes as a precaution. In Brazil, digital payment channels accounted for 74 percent of...

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