BRIC Coin, ICO Raising Money For A Powerful Cross Border Remittance
Greetings to all of you. This time, I'll let you in on a little secret about a brand-new digital currency called Brik Coin. But first things first: Let's agree that blockchain technology still needs efforts to encourage adoption so it can grow and develop into the future. This discussion follows on from that agreement. A quick look at the Brik Coin project is in order here.
Introduction
This project relies heavily on the International Money Transfer industry, which is expanding at a rapid pace. Let's take a closer look at what International Remittance is, shall we? It is possible to transfer money from one bank to another using USD and EUR. It is possible to convert other currencies to local currency once the funds are received at the beneficiary bank.
International remittances to China can be converted into RMB upon arrival at the bank of the recipient. Through electronic channels provided by the recipient bank (e.g., online banking or mobile banking), most transactions can be completed. Please be aware that the equivalent of US$50,000 per person per year in foreign currency can only be settled into RMB if it is sent to the mainland of China, and the remaining amount must be deposited into a domestic account in the foreign currency.
Since international money transfers have so many restrictions, we turned to Blockchain Technology to devise this novel concept. International remittances between countries in the BRICs are supported by the BRIC Coin, a TRC20 token (Brazil, Russia, India & China). The token will be used for international transactions involving the BRIC countries and the BRIC states.
Goals and Objectives
To make international remittances easier for BRIC countries' importers and exporters by providing a user-friendly platform. To be the most trusted financial platform for international remittances in international trade, imports, and exports all over the world.
BRIC Country Imports and Exports
IMPORTS
Importing mostly from China (36.8 billion dollars), the United States (32 billion dollars), Germany (11.3) and Argentina (10.1 billion dollars), Brazil imports Refined Petroleum, Vehicle Parts, Crude Petroleum, Integrated Circuits, and Pesticides.
With a total import value of $3.75 billion in 2019, Brazil was the world's largest importer of pesticides, specialty ships, potassic fertilizers, chemical fertilizers, and phosphotic fertilizers.
EXPORTS
As a country that exports primarily to China, the United States, Argentina, the Netherlands, and Japan, Brazil's top exports include soy beans ($26.1 billion), crude petroleum ($24.3 billion), iron ore ($23 billion), corn ($7.39 billion), and sulfuric acid woodpulp ($7.35 billion).
The BRIC app
In order to facilitate international trade, the BRIC App platform will be built.
BRIC Coin: Send, Receive, and Trade
History of the transactions
Listing of all products in the catalog
Your product can be bought and sold all over the world.
Tracking of the product's delivery in real time
Unusual Escrow system that provides buyer and seller with peace of mind regarding their respective requirements
Credit Cards, EMoney, and the BRIC Coin are Accepted as Means of Payment Abroad
Buy and sell directly with BRIC Coin.
Chatroom for buyers and sellers to discuss and close trades.
24 Hour Admin Assistance
This platform is open to both buyers and sellers. Introducing a user-friendly trading platform for BRIC coins. A buyer or seller can then convert the currency to BRIC coins at the nearest exchange once both parties have registered. Sending, receiving, and transferring are all part of it. By using the barcode scanning option provided by the received function, you can immediately transfer BRIC coins to our server from your exchange account. Buyers and sellers can now communicate via a feature called "chat box," where they can discuss trades and come to a conclusion, once that's been completed. Both sides were on the same page at the same time. When a customer clicks "escrow," it tells us that the money will be kept secure on our servers until the product is delivered to the customer. In the event that he decides to cancel the order, or if the product is damaged and he intends to do so. After filing a "dispute," the administrator will enter the chat box to see if he's being dishonest or whether the product is actually defective. The product will be returned if it is defective. And there's no way he can get around the fact that the server will only release the coins if you confirm that the product is authentic.
The BRIC Coin's History
BRIC Coin is a Tron-based token that provides escrow services without the need for a third-party intermediary.
Remittances from Brazil, Russia, India and China (the BRIC countries) are used to back the BRIC Coin TRC-20 token. Cross-border transactions between BRIC countries will be carried out using the tokens.
We started with these countries because they are the most populous and because we know we will need a large market to launch our product. Despite this, these four countries account for 20 percent of the world's import and export. As a result, we're kicking off our services in these countries, with plans to expand to more in the future.
Token Allocation
Founders and Board Members: 10%
Listing, Promotion, and Marketing: 20%
Legal Advisors: 2.5%
Research and development: 5%
Charity (Zakat): 2.5%
Project Development and Operation: 60%
Please visit BRIC Coin for further information.
Website: https://bric-coin.com/
Whitepaper: http://www.bric-coin.com/assets/pdf/bric-whitepaper.pdf
Twitter: https://twitter.com/briccoin
Facebook: https://www.facebook.com/official.briccoin/
Youtube: https://t.me/briccoin
Author
Bitcoin username: Sh1rley Dundley Meyer
Bitcoin profile link: https://bitcointalk.org/index.php?action=profile;u=3402609
BSC20 address: 0x5E4897AFD26e7Dc1f53B922A47adE8bbD7FE26C4