June 04, 2024

ICON CEO J Bradley Hall to Showcase Innovative AU Backed Digital Currency AUREALS™ at October BRICS Event in Kazan, Russia October 22-24

Dubai, UAE – ICON CAPITAL RESERVE SA is thrilled to announce that J Bradley Hall, the Founder and CEO of ICON, will be unveiling AUREALS™, a groundbreaking digital currency solution at the upcoming BRICS event in Kazan. This revolutionary digital currency is poised to transform trans-border clearing and settlement processes, marking a significant shift away from reliance on SWIFT and the USD$.

The event, which will be attended by representatives from the BRICS alliance of 10 countries (expected to add 30 countries at the event), will serve as a platform for showcasing this cutting-edge distributed ledger based technology designed to facilitate seamless financial transactions across borders.

At the heart of this innovation lies AUREALS™ an AU backed digital currency, offering stability and security in an increasingly volatile global financial landscape. By harnessing the power of blockchain technology, the proven ICON private and public chains painstakingly developed over the last decade promise to revolutionize the way financial transactions are conducted within and beyond the rapidly growing BRICS alliance.

Commenting on the significance of this development, H.E. Mrs. Dilma Rousseff, President of Shanghai based New Development Bank (NBD) noted “One of NBD’s main goals between now and 2026 is ensuring that a minimum of 30% of all our project financing will make use of the currencies of our BRICS members.” She added “The expansion of membership will enable the construction of a financial structure that bears the mark of multilateralism and a multipolar world.”

AUREALS™ represent the future of a multi-polar clearing and settlement system. The potential to streamline cross-border transactions and reduce reliance on traditional currencies is truly remarkable. The unveiling of AUREALS™ marks a pivotal moment in the evolution of global finance, signaling a paradigm shift towards a more decentralized and resilient monetary system. As the world embraces this transformative technology, ICON stands at the forefront, driving innovation and shaping the golden future of finance.

In assessing the profound implication of disruption ICON and BRICS are facilitating, James G. Rickards, an American economist, investment banker and advisor to 3 lettered agencies and the Pentagon has shockingly predicted “The implied non-deflationary price of AU under a new Gold standard will result in AU at USD$27,500 per ounce by 2026.”