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BRICS Pay Card Is HERE! - BRICS Successfully Launches New Payment Card Ahead of 2024 Summit
BRICS Pay Card Is HERE! - BRICS Successfully Launches New Payment Card Ahead of 2024 Summit
Oct. 16, 2024
U.S. DOLLAR COLLAPSE - FOLLOW THE MONEY
World Affairs In Context
BRICS Pay might be a cornerstone for payments for a Sovereign and Prosperous Nations
Achieving financial independence is paramount for nations seeking political, energy, food, technological, and other forms of sovereignty
Full control over financial resources is necessary for countries to achieve true sovereignty. This pursuit is a shared goal among nations striving for independent policies and the well-being of their citizens.
Financial sovereignty empowers a nation to independently manage its financial resources and relationships, both domestically and internationally. It entails the freedom to make financial decisions and take financial actions without external influence or coercion from other countries or international entities.
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.
The Bretton Woods-era global financial system is undergoing a significant transformation. We are witnessing rising global debt, increasing wealth inequality, and the fragmentation of trade and finance systems. Our goal is to ensure equal access to financial technologies and global wealth, providing everyone with the opportunity to reach their full potential. Today, we begin building a new, fair, and decentralized financial system for the future.
A nation's financial strength and wealth will no longer be determined by proximity to global emission centers or the size of its derivatives market. Instead, the true measure of a nation's prosperity will lie in its abundance of natural, cultural, industrial, intellectual, and human resources.
To realize the BRICS Pay project, technological, financial, legal, and consulting firms are uniting to form the BRICS Pay Consortium, operating under the principles of a decentralized autonomous organization (DAO). The Consortium adheres to the regulations of each country where its members operate. It is a network-based entity without a central headquarters. The Consortium's membership is not publicly disclosed.
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