---
title: "BRICS Digital Currency: Cryptocurrency On A Public Blockchain"
url: https://daily.dev/posts/brics-digital-currency-cryptocurrency-on-a-public-blockchain-uwwcw6d5x
source_url: https://illya.sh/blog/posts/brics-cryptocurrency-blockchain/
type: article
source: "Lobsters"
published: 2024-04-29T14:52:23.224Z
updated: 2026-05-07T02:15:07.075Z
tags: ["blockchain", "smart-contracts", "zero-knowledge-proofs"]
reading_time: 16
upvotes: 1
comments: 0
language: en
---

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# BRICS Digital Currency: Cryptocurrency On A Public Blockchain

**[Lobsters](https://daily.dev/sources/lobsters)** · 16 min read · 1 upvotes · 0 comments

## Summary

The article proposes a shared digital currency for the BRICS nations, which can be implemented as a cryptocurrency on a public blockchain using smart contracts and Zero-Knowledge Proofs. The currency's value is derived from the economic factors of the member nations and can be dynamically adjusted. Integrating geolocation-based assets through protocols like zkLocus can provide additional benefits.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://illya.sh/blog/posts/brics-cryptocurrency-blockchain/>

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---

Tags: [#blockchain](https://daily.dev/tags/blockchain), [#smart-contracts](https://daily.dev/tags/smart-contracts), [#zero-knowledge-proofs](https://daily.dev/tags/zero-knowledge-proofs)

[View this post on daily.dev](https://daily.dev/posts/brics-digital-currency-cryptocurrency-on-a-public-blockchain-uwwcw6d5x)