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Brics Pay that will compete with SWIFT system
Redacción:
According to its official website, BRICS is a “decentralized, multi-currency digital international payments system.”
https://500palabras.pe/en/world.php?noticias_id=16
For several years, the intergovernmental union of countries made up mainly of Brazil, Russia, India, China and South Africa, known collectively as the Brics, has been making efforts to consolidate actions that allow them to have a field of more evident interference and control in the global economy and politics. Now, what the Brics want is to create a system based on blockchain with the use of payment and transfer mechanisms with digital stable currencies issued by central banks known as Cbdc (Central Bank Digital Currency, by its name). acronym in English). According to what was reported in the media specialized in technology and business, Wealth, the implementation of this new remuneration method would allow us to reduce dependence on the US dollar and other traditional financial alternatives such as the Swift system (Society for Worldwide Interbank Financial Telecommunications). Media specialized in finance consider that a new Brics currency would revolutionize the economic system on a global scale. Likewise, they point out that through fluid cross-border cancellation, trade and financial integration between countries of said bloc and other nations would be promoted. Therefore, the integration of 160 countries into the Brics Pay payment system would expand the opportunities to create greater independence from the North American currency.
