BRICS Pay Consortium: Decentralized Alliance for Financial Innovation

The BRICS Pay Consortium is not a corporation, not a foundation, and not a government body. It is a decentralized partnership of equals — a modern form of collaboration built on the principles of a Decentralized Autonomous Organization (DAO).
Inspired by models like CryptoFed DAO, Alliance DAO, Aragon, OpenZeppelin, but evolved for the BRICS+ reality, the Consortium brings together technology providers, financial institutions, legal experts, and regulators to co-develop a shared financial infrastructure.

BRICS Pay Consortium Principles

Equality

No single member has veto power or dominant influence

Autonomy

Each participant remains legally independent

Openness

Any qualified organisation can join via
brics-pay.com/consortium

Transparency

All decisions and updates are published publicly

Adaptability

Consortium evolves with regulatory and technological changes

Responsibility

Participants are responsible for their actions and decisions.

BRICS Pay Consortium Structure & Governance

Legal Basis

Relations between participants are governed by a simple partnership agreement in accordance with the national laws of each party.

Status

The Consortium is not a legal entity; it operates as a decentralized network of partners. Joint ventures may be established to implement specific projects.