Deep Tide TechFlow News, on February 3rd, Caixin reported that as the rotating chair of the BRICS countries, the Reserve Bank of India has officially proposed to promote the establishment of a "BRICS Digital Currency Interconnection" system, aiming to utilize blockchain technology to build a cross-border settlement network that bypasses the US dollar and directly connects the payment systems of BRICS countries. The proposal is not simply about creating a new "BRICS coin," but rather a more practical and operational "interconnection platform" or "settlement bridge," likely based on permissioned blockchain (consortium chain). Central banks of each country serve as jointly maintained validation nodes, recording cross-border transactions on a distributed ledger, balancing sovereign control with the transparency and efficiency features of blockchain.