Lena Petrova: BRICS Pay System, Final Development Stage of Blockchain Technology Ahead of 2024 Summit

As blockbuster advancements in technology shape our digital future, one of the most significant developments on the global stage is the implementation of the BRICS Pay System. Emerging from the collective ambitions of Brazil, Russia, India, China, and South Africa, BRICS seeks not just economic cooperation but also a paradigm shift in the way nations transact with one another, particularly in the realm of digital finance. With reports of reaching the final development stage of its blockchain technology ahead of the 2024 summit, the implications for global finance are profound and far-reaching. The BRICS Pay System is designed to facilitate…