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.
I haven¦t checked in here for some time as I thought it was getting boring, but the last few posts are good quality so I guess I¦ll add you back to my everyday bloglist. You deserve it my friend 🙂
Great post but I was wanting to know if you could write a litte more on this subject? I’d be very grateful if you could elaborate a little bit more. Appreciate it!
Superb website you have here but I was curious if you knew of any forums that cover the same topics talked about here? I’d really love to be a part of group where I can get responses from other knowledgeable individuals that share the same interest. If you have any suggestions, please let me know. Bless you!
Sweet internet site, super pattern, very clean and apply genial.
Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across. It extremely helps make reading your blog significantly easier.
I have been exploring for a bit for any high quality articles or blog posts in this sort of area . Exploring in Yahoo I eventually stumbled upon this website. Reading this info So i’m happy to show that I have a very good uncanny feeling I discovered exactly what I needed. I so much no doubt will make sure to do not disregard this site and provides it a look on a constant basis.
What¦s Going down i’m new to this, I stumbled upon this I have found It absolutely helpful and it has aided me out loads. I’m hoping to contribute & help other users like its helped me. Great job.
I enjoy your work, regards for all the good articles.
Hi there, I found your site via Google while searching for a related topic, your site came up, it looks good. I have bookmarked it in my google bookmarks.
I think other web-site proprietors should take this website as an model, very clean and excellent user friendly style and design, as well as the content. You are an expert in this topic!
I got what you mean , thankyou for posting.Woh I am delighted to find this website through google. “Being intelligent is not a felony, but most societies evaluate it as at least a misdemeanor.” by Lazarus Long.
I have been browsing on-line greater than three hours lately, but I never discovered any fascinating article like yours. It?¦s lovely worth enough for me. In my view, if all web owners and bloggers made excellent content material as you probably did, the web will be much more helpful than ever before.
Hi there! This is my first visit to your blog! We are a team of volunteers and starting a new initiative in a community in the same niche. Your blog provided us valuable information to work on. You have done a extraordinary job!
Thank you for the auspicious writeup. It in fact was a amusement account it. Look advanced to far added agreeable from you! By the way, how can we communicate?
Greetings from Carolina! I’m bored to tears at work so I decided to browse your blog on my iphone during lunch break. I love the knowledge you provide here and can’t wait to take a look when I get home. I’m surprised at how fast your blog loaded on my mobile .. I’m not even using WIFI, just 3G .. Anyhow, fantastic site!
I think this website has got some really wonderful information for everyone : D.
I like this site because so much utile stuff on here : D.
I just like the helpful information you provide to your articles. I’ll bookmark your weblog and test once more right here frequently. I am moderately sure I’ll be told many new stuff right here! Best of luck for the next!
It’s a shame you don’t have a donate button! I’d most certainly donate to this excellent blog! I suppose for now i’ll settle for bookmarking and adding your RSS feed to my Google account. I look forward to new updates and will talk about this website with my Facebook group. Talk soon!
There are certainly a variety of details like that to take into consideration. That is a great level to convey up. I offer the ideas above as normal inspiration but clearly there are questions just like the one you carry up where an important factor shall be working in sincere good faith. I don?t know if best practices have emerged round things like that, however I am sure that your job is clearly recognized as a fair game. Each boys and girls feel the affect of just a second’s pleasure, for the remainder of their lives.
Great write-up, I am regular visitor of one¦s site, maintain up the nice operate, and It’s going to be a regular visitor for a lengthy time.
I went over this web site and I think you have a lot of excellent information, bookmarked (:.
SleepLean is not your typical fat burner, it works with your body’s natural sleep cycle to help: Boost overnight metabolism, Balance hormones like cortisol (the belly fat hormone), Curb late-night cravings, Promote deep, restorative sleep
I like what you guys are up too. Such clever work and reporting! Keep up the excellent works guys I’ve incorporated you guys to my blogroll. I think it’ll improve the value of my web site 🙂
I got good info from your blog
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.
Its like you read my mind! You seem to know so much approximately this, like you wrote the e-book in it or something. I think that you can do with a few to force the message home a little bit, but instead of that, this is wonderful blog. An excellent read. I’ll definitely be back.
It?¦s actually a great and useful piece of info. I am satisfied that you shared this useful information with us. Please stay us informed like this. Thanks for sharing.
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.
You are my inspiration , I possess few web logs and infrequently run out from to post .
Some truly quality articles on this internet site, saved to favorites.
Yeah bookmaking this wasn’t a risky determination great post! .
Thanks for some other informative site. The place else could I am getting that type of information written in such an ideal means? I’ve a mission that I am just now operating on, and I’ve been on the glance out for such information.
I¦ve recently started a web site, the information you offer on this site has helped me greatly. Thank you for all of your time & work.
certainly like your web-site but you have to check the spelling on quite a few of your posts. A number of them are rife with spelling problems and I find it very bothersome to tell the truth nevertheless I will certainly come back again.
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 really enjoy reading on this internet site, it contains fantastic articles. “Do what you fear, and the death of fear is certain.” by Anthony Robbins.
I like what you guys are up too. Such clever work and reporting! Carry on the excellent works guys I have incorporated you guys to my blogroll. I think it’ll improve the value of my website 🙂
It’s laborious to search out knowledgeable folks on this topic, however you sound like you recognize what you’re talking about! Thanks
There is noticeably a bundle to know about this. I assume you made certain nice points in features also.
Enjoyed looking through this, very good stuff, appreciate it.
I am often to blogging and i really appreciate your content. The article has really peaks my interest. I am going to bookmark your site and keep checking for new information.
My brother recommended I might like this blog. He was entirely right. This post truly made my day. You can not imagine simply how much time I had spent for this info! Thanks!
Howdy! I just want to give a huge thumbs up for the great information you might have here on this post. I shall be coming back to your blog for more soon.
Good post and straight to the point. I am not sure if this is truly the best place to ask but do you folks have any thoughts on where to employ some professional writers? Thanks 🙂
Hi there this is kinda of off topic but I was wanting to know if blogs use WYSIWYG editors or if you have to manually code with HTML. I’m starting a blog soon but have no coding skills so I wanted to get guidance from someone with experience. Any help would be enormously appreciated!
Wow! Thank you! I continuously needed to write on my site something like that. Can I include a part of your post to my site?
You actually make it seem so easy with your presentation but I find this topic to be really something that I think I would never understand. It seems too complex and extremely broad for me. I’m looking forward for your next post, I’ll try to get the hang of it!
This design is incredible! You certainly know how to keep a reader entertained. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Great job. I really loved what you had to say, and more than that, how you presented it. Too cool!
Very nice post. I simply stumbled upon your weblog and wanted to mention that I’ve really loved surfing around your blog posts. After all I’ll be subscribing in your feed and I am hoping you write once more soon!