BRIC Coin

Februari 27, 2022

BRIC Coin is a TRC20 token backed by international shipping from foreign trade.

Blockchain is a decentralized public ledger. It is a network of computers that have identical copies of a database and change their state (records) to general agreement based on pure mathematics. All this means that there is no need for a central server or any entity we trust (e.g. central bank, notary, bank, Paypal, etc.). Blockchain is the technology base for all cryptocurrencies, be it Bitcoin, Ethereum, Tron (TRC20) Hyperledger, etc.

An important part of the blockchain is a smart contract, a piece of code that is stored on the blockchain network (in the database of each participant). It basically defines the conditions under which all parties use a contractual agreement. Therefore, if the required conditions are met, certain actions are executed. Since smart contracts are stored on all computers on the network, everyone should run them and get the same results. This way the user can be sure that the results are correct.

This area of the economy of a country joins agribusiness, legal organizations, fisheries, mining, quarrying and mineral extraction. It can be divided into two plans: the acquired industry, including the creation of raw substances that can be achieved by human intervention in the correspondence of creation; and the extractive industry, including the increase in useless raw parts that cannot be extended through progress. industries, associations of important businesses or affiliates that produce or supply goods, associations, or payment types. From a financial point of view, experience is generally considered essential, optional, tertiary and quaternary; auxiliary effort is also called significant and light.

Problems in business

Required ticket size
Smallest LC/SBLC rate
Through and through Exchange duration
LC/SBLC Duplicate
High Transaction Fee
Pariah security (Agent/Bank)
Excellent Documentation Process
Instrument credibility (LC/SBLC)

Considering the challenges above, in general exchanges, imports and other things become quite astonishing. The state can't get past the ideal money-related situation by paying a little bit of soul to have a typically great work environment.

About BRIC

BRIC Global Ltd is a general association affiliate based in the UK on a very basic level in terms of trade, imports and goods as a whole within a pool of countries. Looking at the world's money-related economy, of course blockchain expects an important part in its development and gets undeniably quality reliably. BRIC combines these ever-evolving improvements to grow today's common prospects in exchange, buying and trading.

We selected the BRIC countries (Brazil, Russia, India and China) right away, because we probably know these are the most populous countries and we really need this amazing market to ship. However, 20% of the world's imports/transports are completed by these four countries. Next, we started our association for these countries and continuously we will expand the countries in our outline.

Most of the relations of the BRIC countries are not advanced to the western money related world and thus have to control the financing of their strategic approach in their own countries. This is severely constrained by the general lack of support for monetary relations in certain BRIC countries. BRIC COIN uses this distinguishing power, this need, to develop free cash related relationships with an emphasis on letter of credit business, which expressly fulfills the relationship needs that are really stated in BRIC countries. BRIC COIN offers direct treatment of the exchange of goods between BRIC countries from certain sources and in particular the financing of this exchange. Later, BRIC COIN will be filled in the same way as conventional money.

With benefits:

Evacuate trading costs
Evacuation of multiple compliance boundary points
Cash value protection
Improved cash value Easier financing for imports and goods

BRIC Coin Details

BRIC Coin is a token created in the Tron blockchain ecosystem to provide the facility to use the escrow facility without the presence of a third party. BRIC Coin is a TRC20 token backed by BRIC (Brazil, Russia, India & China) international remittance countries. The token will be used for cross-border transactions between BRICs.

We chose these countries initially, because we knew these were the most populous countries and we needed a large market to launch into. In fact, 20% of world imports/exports are carried out by these four countries. So, we started our service for these countries and gradually we will add more countries in our list.