(VOVWORLD) - Countries of the BRICS economic bloc are currently working on the launch of a financial system that will be independent of the dominance of third parties, according to Russian Ambassador to China Igor Morgulov.
  • suoko@feddit.it
    5·
    6 months ago

    They should start thinking of a plug and play system similar to activity pub for all that finance old fashioned system

      • suoko@feddit.it
        1·
        6 months ago

        I wonder what kind of discussions take place when they implement these kind protocols (thinking of swift):

        • we want to avoid dirty money banks? No, that’s ok
        • we decide who can enter this network based on the fee they’ll pay
        • we have to crush any competitors in the world, we’ll deal all transactions, it’s not that complicated, little effort for big control