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#Citibank #India Blockchain
Citibank India Blockchain Citibank India and Contour have collaborated to launch the first blockchain-enabled LC transaction in India, marking a significant milestone in the digitization of trade finance processes. The Citibank India Blockchain platform reduces the need for manual documentation, provides real-time data sharing, and increases transparency and efficiency in trade finance processes. With reduced…
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#BRICS explained
EscapeTheMatrix BRICS is an acronym for the group of emerging economies consisting of Brazil, Russia, India, China, and South Africa. These countries are seeking to reduce their dependence on the US dollar as a global reserve currency and increase their influence in the global economy. One way they are doing this is by considering the…
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#BRICS expansion
BRICS, a group of five economically-aligned countries consisting of Brazil, Russia, India, China, and South Africa, is reportedly on the verge of a massive expansion. The group aims to build a strategic alliance to challenge the US dollar’s role as the world’s reserve currency, with a total of 24 nations now seeking to join. This…
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