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.
[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).
The WinePress needs your support! If God has laid it on your heart to want to contribute, please prayerfully consider donating to this ministry. If you cannot gift a monetary donation, then please donate your fervent prayers to keep this ministry going! Thank you and may God bless you.
You are a very bright individual!
The very root of your writing whilst sounding reasonable at first, did not really sit perfectly with me after some time. Somewhere throughout the sentences you managed to make me a believer unfortunately only for a while. I however have got a problem with your leaps in logic and you might do well to fill in those breaks. In the event you can accomplish that, I will certainly be impressed.
I got good info from your blog
I have recently started a website, the information you offer on this web site has helped me greatly. Thank you for all of your time & work.
I am really enjoying the theme/design of your weblog. Do you ever run into any web browser compatibility problems? A handful of my blog audience have complained about my blog not working correctly in Explorer but looks great in Opera. Do you have any tips to help fix this issue?
Very interesting info !Perfect just what I was searching for!
I really appreciate this post. I¦ve been looking everywhere for this! Thank goodness I found it on Bing. You have made my day! Thanks again
Hi there, You have performed an incredible job. I’ll certainly digg it and individually suggest to my friends. I am confident they will be benefited from this site.
Thank you for another informative website. Where else could I get that type of info written in such an ideal way? I’ve a project that I am just now working on, and I have been on the look out for such information.
A person essentially help to make seriously posts I would state. This is the very first time I frequented your web page and thus far? I amazed with the research you made to make this particular publish incredible. Excellent job!
hello!,I like your writing very much! share we communicate more about your post on AOL? I need a specialist on this area to solve my problem. May be that’s you! Looking forward to see you.
I think this is among the most important information for me. And i am glad reading your article. But should remark on few general things, The web site style is great, the articles is really excellent : D. Good job, cheers
You have mentioned very interesting points! ps nice internet site.
Hello! This is my first comment here so I just wanted to give a quick shout out and tell you I truly enjoy reading through your blog posts. Can you suggest any other blogs/websites/forums that deal with the same topics? Thanks a lot!
Would love to perpetually get updated great site! .
This is a very good tips especially to those new to blogosphere, brief and accurate information… Thanks for sharing this one. A must read article.
Nearly all of what you articulate happens to be astonishingly precise and it makes me wonder why I hadn’t looked at this in this light previously. This piece truly did turn the light on for me personally as far as this subject goes. But there is actually one particular issue I am not too comfy with so while I try to reconcile that with the core idea of your point, permit me observe what all the rest of your subscribers have to point out.Very well done.
Great ?V I should definitely pronounce, impressed with your site. I had no trouble navigating through all tabs as well as related info ended up being truly simple to do to access. I recently found what I hoped for before you know it at all. Quite unusual. Is likely to appreciate it for those who add forums or anything, web site theme . a tones way for your customer to communicate. Excellent task..
naturally like your web site however you need to take a look at the spelling on several of your posts. A number of them are rife with spelling issues and I in finding it very bothersome to tell the reality nevertheless I will certainly come back again.
Lovely just what I was looking for.Thanks to the author for taking his time on this one.
Its fantastic as your other content : D, appreciate it for posting.
I do consider all the ideas you’ve introduced to your post. They are really convincing and can definitely work. Still, the posts are very quick for newbies. May just you please lengthen them a bit from next time? Thank you for the post.
It is in point of fact a great and useful piece of information. I’m glad that you shared this useful information with us. Please stay us informed like this. Thank you for sharing.
I saw a lot of website but I think this one contains something special in it in it
Very interesting details you have mentioned, thanks for putting up. “Pleasure and love are the pinions of great deeds.” by Charles Fox.
You are my aspiration, I have few web logs and occasionally run out from to brand.
Wow, marvelous weblog structure! How long have you been running a blog for? you made running a blog glance easy. The total glance of your website is excellent, as neatly as the content material!
I dugg some of you post as I thought they were very beneficial invaluable
Thank you for the good writeup. It in fact was a amusement account it. Look advanced to more added agreeable from you! However, how can we communicate?
The innovative LED display provides real-time feedback on brushing mode, timer, and battery status. Crafted from sleek, waterproof materials with a wireless charging glass杯, imask offers multiple brushing modes and weeks of use on a single charge. More than a toothbrush, it’s a statement of luxury and cutting-edge technology, designed for those who demand the very best for their oral health.
Some times its a pain in the ass to read what website owners wrote but this website is really user genial! .
The crux of your writing while sounding agreeable originally, did not work very well with me after some time. Somewhere throughout the paragraphs you managed to make me a believer but only for a very short while. I still have got a problem with your leaps in logic and one might do well to help fill in those breaks. If you can accomplish that, I would definitely be fascinated.
hey there and thank you for your information – I’ve definitely picked up something new from right here. I did however expertise a few technical issues using this website, since I experienced to reload the website lots of times previous to I could get it to load correctly. I had been wondering if your web host is OK? Not that I’m complaining, but slow loading instances times will sometimes affect your placement in google and can damage your quality score if ads and marketing with Adwords. Well I’m adding this RSS to my email and can look out for much more of your respective exciting content. Ensure that you update this again soon..
Thanks for another informative site. Where else could I get that type of information written in such a perfect way? I have a project that I’m just now working on, and I have been on the look out for such info.
I enjoy your writing style truly enjoying this site.
Nice read, I just passed this onto a friend who was doing some research on that. And he just bought me lunch because I found it for him smile Thus let me rephrase that: Thank you for lunch!
Good write-up, I?¦m regular visitor of one?¦s website, maintain up the excellent operate, and It is going to be a regular visitor for a long time.
F*ckin¦ awesome issues here. I¦m very satisfied to look your post. Thank you so much and i am looking forward to touch you. Will you please drop me a e-mail?
I dugg some of you post as I cerebrated they were very helpful very useful
Merely a smiling visitor here to share the love (:, btw great style.
I really appreciate this post. I’ve been looking all over for this! Thank goodness I found it on Bing. You have made my day! Thx again!
Thanks for helping out, great information.
Hey would you mind letting me know which web host you’re utilizing? I’ve loaded your blog in 3 completely different web browsers and I must say this blog loads a lot quicker then most. Can you recommend a good hosting provider at a honest price? Thanks, I appreciate it!
The Pink Salt Trick is a minimalist but effective morning routine: Just drink a glass of lukewarm water mixed with a pinch of Himalayan pink salt as soon as you wake up.
The Pink Salt Trick is a minimalist but effective morning routine: Just drink a glass of lukewarm water mixed with a pinch of Himalayan pink salt as soon as you wake up.
The Pink Salt Trick is a minimalist but effective morning routine: Just drink a glass of lukewarm water mixed with a pinch of Himalayan pink salt as soon as you wake up.
I went over this internet site and I conceive you have a lot of good info , saved to my bookmarks (:.
The Pink Salt Trick is a minimalist but effective morning routine: Just drink a glass of lukewarm water mixed with a pinch of Himalayan pink salt as soon as you wake up.
The Pink Salt Trick is a minimalist but effective morning routine: Just drink a glass of lukewarm water mixed with a pinch of Himalayan pink salt as soon as you wake up.
Hi, Neat post. There’s a problem along with your web site in web explorer, might check this… IE nonetheless is the marketplace chief and a good component to folks will pass over your fantastic writing because of this problem.