The event will serve as a platform for showcasing ICON's cutting-edge distributed ledger based technology designed to facilitate seamless financial transactions across borders for Members of the BRICS alliance including: Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, the UAE, Indonesia and Partners: Nigeria, Algeria, Uganda, Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Thailand, and Uzbekistan.
ICON Chairman and CEO J Bradley Hall stated "We are at the apex of the most fundamental monetary shift of our lifetime. The 50 year old petro-dollar agreement signed between USA and KSA in 1974 expired in June, 2024. The exorbitant privilege afforded to the US via the settlement of KSA Oil in USD$ has ended, representing a tectonic shift in global finance."
J Bradley added "Objective observers have suggested that the purchasing power of the USD$ is being inflated away with Gold acting as the canary in the coalmine. In less than a year, it now takes 45% more USD$ (fiat IOU's) to purchase an ounce of AU. Students of history, economics and finance acknowledge similarities between this and Weimar, Germany, in 1919 when an ounce of AU was 170 German Marks. By 1923, that same ounce of AU required 87 trillion German Marks. Do you really believe this time is different?"
At the heart of ICON's cutting edge 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 borders.
H.E. Mrs. Dilma Rousseff, former President of Brasil and current President of the Shanghai based New Development Bank (NBD) agrees noting "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 multi-lateralism and a multi-polar world." ICON has partnered with one of the largest issuer of Carbon Credits and is wrapping the Carbon Credits in AUREALS™, to create CAUREALS™ ('C' is the atomic symbol for carbon) which will be listed and traded on digital exchanges and bank trading platforms. This can enhance the balance sheets of mines and large infrastructure projects to attract global investors, as an alternative to World Bank and IMF funding options.
In accessing the profound implication of disruption AUREALS™, CAUREALS™ 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$27,500 per ounce by 2026."
Sovereigns, Central Banks, Institutions and creators and custodians of inter-generational wealth are increasingly observing that AUREALS™ potential to streamline cross-border transactions and reduce reliance on traditional fiat currencies is truly remarkable. The unveiling of AUREALS™ marks a pivotal moment in the evolution of global finance, signaling a paradigm shift towards a more decentralized and resilient monetary system. As the world embraces this transformative technology, ICON stands at the forefront, driving innovation and shaping the golden future of finance.
For media inquiries or further information, please contact: press@icon.gold
About ICON CAPITAL RESERVE SA:
ICON CAPITAL RESERVE SA www.icon.gold was established in 2013 to create a digital clearing and settlement ecosystem around a physical AU backed digital currency called AUREALS™. The Company is led by global leadership with deep experience in Banking, Finance, Fund Management, Family Offices, AU trading and Distributed Ledger Technology.
Those well versed in history, economics and finance may recognize the apex of complex financial cycles and the finite nature of currencies, (except GOLD). A Golden renaissance is manifesting away from traditional Western power centers that sees ICON closely aligning with leadership across the BRICS, who now represent 80% of Global energy reserves, control of key maritime transit routes and GDP that exceeds the G7. BRICS Members are migrating from the Unipolar, USD$ based SWIFT system to trans-border clearing and settlement via digital, AUREALS™ with ICON a trusted partner deploying solutions.
ICON AU RESERVE DMCC www.iconaureserve.gold a Dubai based Gold trader is also working closely with Sovereigns across Africa and Latin America, locking in long term AU supply agreements while tokenizing and pricing all commodities and reserves in AUREALS™, tradable 24 x 7 with instant (<1 second) settlement. Sovereigns are executing partnerships whereby ICON receives banking and refinery licenses and in turn deploys sophisticated satellite-based technology, building NI 43-101 compliant 3D models of in ground reserves which can be quickly tokenized and traded releasing previously elusive infrastructure funds.
About the New Development Bank:
The New Development Bank is participating in the RIO RESET on July 04th and 05th, 2025 in Rio which objective observers are comparing to Jekyll Island and Bretton Woods.
The New Development Bank (NDB) is a multilateral development bank established by Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, the UAE and Indonesia (BRICS) with the purpose of mobilizing resources for infrastructure and sustainable development projects in emerging markets and developing countries (EMDCs). Our strong mandate and potential put us in a unique position to contribute to global growth and development.
NDB HEADQUARTERS
1600, Guozhan Road, Pudong New District, Shanghai – 200126 China
上海市浦东新区国展路1600号
Photos: (Click photo to enlarge)
Source: ICON CAPITAL RESERVE SA
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