eyesonbrasil The BRICS nations—Brazil, Russia, India, China, and South Africa—stand at the crossroads of financial transformation. As the ISO 20022 standard beckons, they prepare to dance to a new rhythm. Simultaneously, the allure of gold-backed currencies casts its golden glow. Let us explore this symphony of change, harmonizing tradition and innovation. 1. ISO 20022: A…
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An Emerging Threat to the US Dollar Dominance? eyesonbrasil Advantages of the new independent payment method for BRICS The new payment platform based on blockchain technology proposed by Russia for the BRICS countries (Brazil, Russia, India, China, and South Africa) has several advantages for the member countries. Firstly, it offers a secure and transparent platform…
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BRICS, Currencies, and the Multipolar Future The rhythmic samba beats of Rio de Janeiro set the stage for the recent G20 summit, but the underlying melody resonated with a deeper shift: the potential waning of American dominance and the rise of a multipolar world, led by the BRICS (Brazil, Russia, India, China, South Africa) community.…
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