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BRICS Nations Launch Blockchain Currency: Pioneering a New Economic Landscape

Introduction: In a remarkable display of economic innovation, the BRICS nations—Brazil, Russia, India, China, and South Africa—joined by newer members such as Egypt, Ethiopia, Iran, and the United Arab Emirates, made a resounding statement on March 16, 2024. They unveiled an unprecedented initiative: a blockchain-based BRICS currency and payment system. This monumental move signifies a […]

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Trade Finance From Inefficiency to Efficiency with Digitization

For centuries, global trade has served as the backbone of the world economy, enabling the exchange of goods and services across borders. Yet despite its importance, international trade has remained shackled by archaic, paper-based processes that are slow, costly, and insecure. Physical documents like bills of lading and invoices must pass manually between exporters, importers,