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A new digital payments system, BRICS Pay, debuted for live testing at this week’s BRICS Business Forum at the International Trade Center in Moscow. (businesstech.co.za)

submitted 4 weeks ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml

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[–] i_c_b_m@lemmygrad.ml 6 points 4 weeks ago (7 children)

I was excited until I heard "blockchain". This feels like a memecoin launch and I'm not sure it will actually help BRICS reputation.

[–] cayde6ml@lemmygrad.ml 12 points 3 weeks ago (1 children)

I'm the biggest critic and certified hater of blockchain technology, and I remain extremely skeptical. But this specific implementation of blockchain, I find to be slightly intriguing.

[–] yogthos@lemmygrad.ml 13 points 3 weeks ago

This might be a rare case where blockhain actually makes sense. You want a public ledger that's not owned by any single entity, and that's basically what blockchain is.

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