With the official BRICS summit underway, taking place in Kazan, Russia, a new alternative payment system has garnered a lot of buzz as a decentralized, blockchain-based payment platform that will allow users to pay digitally while also circumventing the use of the U.S. dollar.

BRICS Pay, which has been in existence for a number of years now, has recently gone through a bit of a rebranding phase and has regained greater points of use ahead of the annual BRICS summit.

Coin Trust reported:


BRICS Pay is a digital payment system designed to facilitate faster and more secure transactions among the BRICS countries. Built on blockchain technology, the platform promises to offer a more efficient and transparent alternative to traditional banking methods.

With the ability to send and receive money quickly and securely, BRICS Pay is expected to benefit both businesses and individuals looking to engage in cross-border trade within the BRICS nations.

One of the primary advantages of this new system is its potential to reduce the reliance of BRICS countries on the U.S. dollar, which remains the dominant currency in global trade. By allowing transactions to be settled in local currencies through BRICS Pay, the member nations could achieve greater financial independence. This shift would not only reduce their exposure to dollar fluctuations but also strengthen their respective economies by encouraging the use of their own currencies in international trade.


This resource encapsulates the collective expertise of BRICS Business Council members from various nations, including those yet to formally join BRICS+ but committed to contributing to a new global financial and payments architecture within the BRICS+ framework

BRICS Pay says on its website

The WinePress reported on BRICS Pay around this same time last year, but at the time the developers behind BRICS Pay explicitly stated that their platform was designed to facilitate CBDCs and tokenized assets.

BRICS PAY set benefits from a combination of traditional payment systems and new technologies such as central bank digital currencies (CBDC), decentralized finance, and tokenized assets (secured money). BRICS PAY is an expansion of payment options for companies and citizens of participating countries, as well as for the entire world and all existing or emerging payment solutions.

The website once said

SEE: Russia Expedites Digital Ruble CBDC By 2025, Forces Large Banks To Use It

BRICS Pay is similar to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) network. BRICS Pay encourages the use of local currencies and national digital assets, which reduces dependency on Western-dominated financial institutions.

A demonstration as to how the app works and how one can sign-up for the application can be be seen here:

Russian President Vladimir Putin has said BRICS is not yet ready for a unified BRICS currency. “As regards the common BRICS currency, we do not consider this issue at the moment; it is not mature. We should be very careful; we need to act gradually, without haste in this regard,” Putin said, as reported by TASS.


AUTHOR COMMENTARY

I find it interesting that BRICS Pay has removed the fact that their network is meant to a support CBDCs and tokenization. Why the change? I mean, it’s not like BRICS nations have hidden the fact that they are all-in and actively working on CBDCs, so why now leave this functionality out?

Even though the world may be de-dollarizing and moving into multipolarity, nations are still coming out with CBDCs and tokenization. Follow the money.

Ecclesiastes 10:19 A feast is made for laughter, and wine maketh merry: but money answereth all things.

On top of this, the underlying globalization agenda still in tact; still following the satanic guidance of the United Nations and their Sustainable Development Goals, among other things. This was made evident during a BRICS summit earlier this year where member states pledged their continued allegiance to fulfill the 17 SDGs.

SEE: End Of Empire: 59 Nations Seek BRICS Membership, As Leaders Further Quest To De-Dollarize And End US Hegemony At BRICS Summit


[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).

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1,004 Comments

  • You should definitely post a study of that ecclesiastical verse vs making one poor like Jesus in order to have power. Would answer sooooooo many questions many have on this subject.

  • QR codes are creepy.

    Whether it’s CBDC, BRICS Pay, or something else, matters not. The goal is still the same. It’s a step towards the mark of the beast. This is nothing to marvel over – it’s frightening. Those quick to embrace it need to take a step back, and find Jesus Christ as their Lord and Savior. Otherwise, they’re going down the wrong road.

    ‘They’ want to turn over the game board (so to speak) since ‘they’ have royally screwed everything up, and start over. BUT, nothing will have changed! It’s all artificial funny money with no intrinsic value.

    Additionally, when there is a hiccup in technology, nothing will work. Then what?

    I’ll tell you what. Trade. Cigarettes for coffee. Rice for beans. Fix your plumbing if you fix my car. That kind of thing.

    This article should serve as EXTREME CAUTION.

  • Jacob, can you or brother Bryan do a quick video on Proverbs 22:3 vs Titus 1:16?
    Think it would be really useful especially in these times for babes in Christ & saved. Thank you and God bless you abundantly.

      • If we hide when there is evil then do we deny the power of God since we can’t do good works?

        Like in these times today. You know like when you say be careful who we talk to but then the verse says be careful for nothing. And then what about being abominable in the Lord’s eye if we fear what man can do to us?

        Makes sense?

        • Proverbs 3:5 Trust in the LORD with all thine heart; and lean not unto thine own understanding. [6] In all thy ways acknowledge him, and he shall direct thy paths. [7] Be not wise in thine own eyes: fear the LORD, and depart from evil. [8] It shall be health to thy navel, and marrow to thy bones.
          That’s what it means by “be careful for nothing.” It does not mean to be negligent, it means to not have a fear like the world lost does (2 Tim 1:7) and not acting in faith. Ephesians 5:14-16 directly tells us to walk circumspectly because “the days are evil.” And we are to “pray without ceasing,” which confirms the second clause of Philippians 4:6.
          Psalm 27:5 For in the time of trouble he shall hide me in his pavilion: in the secret of his tabernacle shall he hide me; he shall set me up upon a rock.
          Read my study on “time and chance,” that might help you a bit as well.
          https://winepressnews.com/2024/10/20/time-and-chance-happeneth-to-them-all-why-do-things-happen-the-way-that-they-do/

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