Universa Blockchain to Power Swiss-based Digital Bank for BRICS Member States
Feb 3 2021 · 18:37 UTC | Updated
Feb 4 2021 · 10:38 by Andrey Sergeenkov · 3 min read
Photo: UniversaBlockchain / Medium
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One of Universa Blockchain’s partners, the Blockchain and Cryptocurrency Association, has joined forces with the Joys Platform to roll out a new payment system.
Universa Blockchain and two other partners, including BRICS IT, are working together in launching a Digital Bank project to process transactions for the BRICS member countries, the Russian Association of Cryptoindustry and Blockchain (RACIB), reported on Jan 31.
RACIB, an association focusing on cryptocurrency and blockchain in Russia, has over 2,000 members and is active in regulatory advocacy. In the recent past, under the request of the Expert Council of the State Duma Committee on the Financial Market, they submitted an analysis on several bills.