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The BRICS nations—Brazil, Russia, India, China, and South Africa—have recently taken a significant step toward deepening their collaboration on climate action by signing a Memorandum of Understanding (MOU) that lays the groundwork for establishing joint carbon market projects and targets. This MOU represents a strategic move by the BRICS countries to leverage their collective influence...
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Decentralized finance (DeFi) represents a revolutionary shift within the broader realm of financial technologies, or fintech. At its core, DeFi utilizes blockchain technology to recreate traditional financial systems—such as lending, borrowing, and trading—without the need for centralized intermediaries like banks. By leveraging smart contracts and decentralized networks, DeFi platforms enable peer-to-peer transactions that are transparent,...
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