BRICS countries can jointly resist digital colonialism

Igor Ashmanov, head of the Kribrom Institute and a member of the Russian TASS Human Rights Council, said that the BRICS member countries will be able to jointly resist digital currency colonization.

According to Arti, according to him, large transnational companies, monsters and IT giants have such technical and financial resources that a country cannot oppose this, but it can be done by joining forces. BRICS member countries can deal with such issues simply by standing together.

It was previously announced that the BRICS countries are working on the development and implementation of their digital currency based on blockchain technology. The use of such a currency should be available to states, businesses and ordinary citizens, as well as free from politics.

The BRICS group has already surpassed the G7 in terms of purchasing power parity; The BRICS also accounted for 35.6% of global GDP, while the G7 accounted for 30.3%.