The BRICS alliance has officially announced its blockchain-based payment system while unveiling new details on its development. Indeed, Russian President Vladimir Putin discussed the project that is nearing arrival. Moreover, he announced certain details that could fortify its position as a game-changer in global trade.
There are rumors that the project could officially go live during next month’s annual summit. The 2024 iteration of the event should be centered on the bloc’s de-dollarization efforts. Additionally, there is likely to be talk of continued expansion for the bloc after it increased its member count to nine countries in 2023.
Original Article appeared on the Watcher
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