⚡What they don't tell you about the new financial system in BRICS⚡

✍🏻We detail the 5 global interbank language standards developed by the International Organization for Standardization, which make up the scheme of the new financial system of the Alliance 🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦BRICS:

🌐#ISO20022 An open global standard for financial information. It provides consistent, rich and structured data that can be used for all types of financial business transactions.

🌐#ISO15022 It establishes the principles necessary to provide different user communities with the tools to design types of messages that support their specific information flows. These tools consist of a set of syntax and message layout rules, a data field dictionary, and an industry-created message catalog using the fields and rules mentioned above.

🌐#ISO13616 Specifies the elements of an international bank account number, to facilitate cross-border data processing in data exchanges in financial environments. The IBAN is designed for automated processing, but can also be conveniently used in other means of exchange when appropriate.

🌐#ISO9362 The international standard for business identification codes, unique to commercial institutions. Originally defined as a bank identification code and most often assigned to financial organizations, when assigned to non-financial organizations the code may also be known as a business entity identifier.

🌐#ISO10383 International standard for identifying exchanges, trading platforms, regulated or unregulated markets, and trade reporting facilities as sources of pricing and related information.

✍🏻They stop operating in fiat dollars, they back their system with Gold, but they don't tell you which Blockchain bridges they use or what payment language.