briccoin

BRIC : A New Revolution for International Transactions

International trade is unavoidable. This is because basically no single country is able to meet all the needs of its own population, so that goods or services between countries cannot be produced domestically due to certain factors.

Quoted from Investopedia, international trade allows countries to expand their markets and access goods and services that may not be available domestically. As a result of international trade the market is becoming more competitive. This ultimately results in more competitive prices and can sell cheaper products to consumers.

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Quoted from the social studies study material on the website of the Ministry of Education and Culture, international trade is a trade activity carried out by a country with other countries on the basis of a mutual agreement. The activity of selling goods from within the country to abroad is called exporting. On the other hand, the activity of selling goods from abroad to within the country is called imports. In international trade terms, products sold to global markets are called exports, and products purchased from global markets are called imports. Imports and exports are recorded in the balance of payments section of a country. Global trade allows rich countries to use resources such as labor, technology, or capital more efficiently. Meanwhile, other countries may be endowed with abundant natural resources but cannot cultivate them. The more developed a country is, the more efficiently they produce goods. Therefore, in international trade, they may sell it cheaper than other countries. That is one of the principles in international trade.

AND ALL CHANGES WITH DEVELOPMENT OF TECHNOLOGY AND ENGAGEMENT OF BLOCKCHAIN SYSTEMS

BRIC: A New Revolution for International Transactions.

BRIC Global Ltd is a UK based international services company focused on international trade, import and export in various countries. Looking at the world's financial economy, it is clear that blockchain played a significant role in its success and is getting more and more popular every day. BRIC uses this revolutionary technology to expand today's possibilities in international trade, imports and exports. By looking at the world financial scenario, Blockchain technology plays an important role in the world and is becoming popular day by day. So, we thought of expanding our expertise using this revolutionary technology

BRIC Coin is a TRC20 token backed by international remittances from foreign trade. RIC will be used as escrow for “Buyers” and “Sellers” both parties among Countries B(Brazil), R(Russia), I(India) & C(China). When new buyers and sellers meet through online platforms and if they want to start a business together globally, the first thing that comes up is “Trust”. How to "Trust" each other? So, they contact the local banks of their respective countries that have international exposure. And they start an escrow process called "LC" or "SBLC". Thus, the "Buyer" deposits or pledges funds according to the "Seller" bill to the bank when he receives his product or service. "Buyer" secured here now as the funds will be held in his own bank until, he receives his product or service. In addition, "Seller" gets confirmation from his bank that "Buyer" has deposited the amount and his bank will issue funds once the product or service reaches "Seller". Because the seller's bank confirms the Letter of Credit (LC) from the "Buyer". So here the question of trust is void. Now neither party has to worry about payment or product or service security. However, there are several challenges that must be faced by both parties, namely: has deposited the amount and the bank will issue the funds once the product or service reaches "Seller". Because the seller's bank confirms the Letter of Credit (LC) from the "Buyer". So here the question of trust is void. Now neither party has to worry about payment or product or service security. However, there are several challenges that must be faced by both parties, namely: has deposited the amount and the bank will issue the funds once the product or service reaches "Seller". Because the seller's bank confirms the Letter of Credit (LC) from the "Buyer". So here the question of trust is void. Now neither party has to worry about payment or product or service security. However, there are several challenges that must be faced by both parties, namely:

• Order ticket size

• Minimum amount of LC/SBLC

• Total transaction duration

• LC/SBLC duplication

• High Transaction Fees

• Third party reliability (Agent/Bank)

• Difficult Documentation Process

• Instrument validity (LC/SBLC) So, because of this challenge, international trade, Import & Export has become too complex.

That is why countries cannot achieve excellent economic conditions even though they have excellent production facilities. Here, BRIC Coin comes with a widely accepted and popular Blockchain ecosystem to fill this gap and to eliminate this challenge. What are BRIC Coins? BRIC Coin is a token created in the Tron blockchain ecosystem to facilitate the use of escrow facilities without the presence of a third party. BRIC Coin is a TRC20 token backed by international remittances of BRIC countries (Brazil, Russia, India & China). The token will be used for cross-border transactions between BRICs.

The BRIC Application Platform will be created for international trade among all users.

Send, Receive & Trade BRIC Coins
transaction history
Product List with complete catalog
Buy & Sell your products worldwide
Live Tracking of product delivery
A unique Escrow system that will help buyers and sellers to be sure about their needs.
International Payment Gateway: Credit Card, EMoney, BRIC Coin
Buy and sell BRIC Coin directly
Live Chat Box for buyers & Sellers to discuss and close trades
Admin Support 24 x 7

BRIC Coin is a TRC20 token that is maintained by the overall exchange of money among BRIC countries (Brazil, Russia, India and China). Which means it will be used for cross-border exchanges between BRICs. The BRIC Coin Mission in the same way provides an easy stage for entering settlements in general for BRIC Country sellers and exporters. For BRIC Coin Vision to be the most trusted cash register worldwide for exchange, import and other goods.

BRIC Coin is stored by Blockchain - which is known to be very safe and reliable - filling openings and eliminating difficulties. BRIC Coin is a token created on the regular system of the Tron blockchain, enabling us to provide a working environment for escrow utilization without the presence of an outside party essentially. BRIC Coin is a TRC20 token that is maintained by the overall settlement of overseas exchanges.

Application

The BRIC Application Level will be created for general exchange between clients as a whole.

• Send, Receive and Trade BRIC Coins

• Item List with full stock

• Trade your goods worldwide

• Generally Payment Gateway: Credit Card, EMoney, BRIC Coin

Interface Purchase: https://bric-coin.com/public-sale.php

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/

Telegram: https://t.me/briccoin