The countries that make up the BRICS group are now betting on a more convenient payment system, based on blockchain technology. The objective is, from the beginning, to free ourselves from economic and financial dependence on the US dollar.
The BRICS – Brazil, Russia, India, China and South Africa…
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payment system
Venezuela seeks to integrate into Russia’s Mir payment system
The Central Bank of Venezuela is in the process of integrating into the Mir payment system, developed by Russia and widely used in several countries around the world, the Central Bank of the Latin American country announced in a statement.…
Twitter works on a payment system compatible with cryptocurrencies
Twitter is building a payments system that will be compatible with fiat currencies and may accept cryptocurrencies in the future, according to reports in the Financial Times.
The company has begun the process of applying for state…
Twitter could have an internal payment system
The current owner of Twitter, Elon Musk, is trying to monetize the social network with plans that change every day, but that seem to be moving towards the establishment of an internal payment system in the long term.
Musk previewed some of…
MasterCard will now allow the purchase of NFT
The payment processing company, MasterCard, announced that thanks to the association with several companies in the world of non-fungible tokens (NFT), it will now allow the purchase of this type of asset.
Specifically, the company…
Visa will adapt its services to cryptocurrencies
The international payments giant Visa has been developing an adoption scheme in its services aimed at cryptocurrencies and digital assets in order to include crypto, stable currencies and CBDC on several fronts.
This Tuesday, the CEO of…
Facebook changes the name of its crypto to Diem
The social network Facebook announced the new name of its cryptocurrency Libra. The association now called Diem Network will promote the Diem Dollar digital currency.
According to the report published by the company, the measure was taken…
Christine Lagarde: Digital euro could strengthen the European payment system
Faced with a still uncertain economic recovery, the president of the European Central Bank, Christine Lagarde, is in favor of the issuance of a digital euro which, in her opinion, would strengthen the European payment system.
This was…
LG tests blockchain facial recognition technology
South Korean consumer electronics company LG has announced the creation of a payment system that will include blockchain technology combined with facial recognition in order to facilitate and automate the process.
The information was…
New York plans to launch its crypto payment system
The state of New York is working on the development of its own payment system for cryptocurrencies, which would be applied in the coming years.
This is very interesting for the world of blockchain technology, since repeatedly the region…
German Finance Minister says Libra should be avoided as a parallel currency
According to a document seen by Reuters, German regulators are working so that stable digital currencies do not become alternative currencies, ensuring that the currency driven by Facebook's social network will be clearly rejected.
The…
Venezuela studies payment system developed in Russia
The measure is being studied in anticipation of a possible deepening of the financial sanctions imposed by the United States which could ban transfers and other operations originated or directed to Venezuela.
It is worth remembering that…