News

Archive for September, 2023

Dates : September 2023

Cost Pressures Are Slowing Data Unification: CDP Institute Member Survey

September 11, 2023
Tighter budgets are slowing progress towards data unification and leading to poor vendor selection decisions, according to the CDP Institute’s latest member survey. The share of respondents reporting a CDP or other type of unified customer database fell compared with previous surveys, the first time that ever happened. More companies are prioritizing cost over features in their vendor selection projects, even though companies that select based on cost show less satisfaction with their martech results.
CDPI Newsletter

Brazilian foodtech startup Nuu raises US$4M to scale its carbon-neutral cassava-based products

September 7, 2023
Based in Minas Gerais (Brazil), the foodtech startup Nuu has successfully raised $4 million in a funding round to scale the distribution of their carbon-neutral food products made from cassava, a staple root vegetable in Brazil and South America. In addition to their flagship cassava-based cheese bread, Nuu produces various products, including tapioca sticks, cassava-based pizza dough, naturally colored cheese bread.
CDPI Emerging Markets

Privacy, market maturity hurdles facing Brazil’s CBDC rollout

September 7, 2023
Maintaining privacy and increasing understanding of blockchain technology are primary issues to solve before Brazil’s central bank digital currency (CBDC) is ready for widespread use. Named DREX, the digital real is set for a first phase launch aimed at financial institutions in May 2024. They are using distributed ledger technology that’s based on Ethereum Virtual Machine. The bank hopes to open testing for new protocols after May next year,  and launch tests with the broader population by end-2024.
CDPI Emerging Markets