Revolutionizing Global Finance with AUREALS™ Digital Currency Solution

ICON CAPITAL RESERVE SA is excited to announce the unveiling of AUREALS™, a revolutionary digital currency solution, at the upcoming BRICS event in Kazan. This innovative digital currency is set to revolutionize trans-border clearing and settlement processes, moving away from the reliance on SWIFT and the USD$. The event, hosting representatives from the BRICS alliance of 10 countries (with an expected addition of 30 countries), will showcase cutting-edge distributed ledger technology aimed at facilitating seamless financial transactions across borders. At the core of this advancement lies AUREALS™, a digital currency backed by AU, ensuring stability and security in a volatile global financial landscape.

By utilizing blockchain technology, the established ICON private and public chains, developed over the past decade, aim to transform the way financial transactions occur within and beyond the expanding BRICS alliance. H.E. Mrs. Dilma Rousseff, President of the Shanghai-based New Development Bank (NBD), emphasized the goal of utilizing BRICS members' currencies in project financing, fostering multilateralism and a multipolar world.

AUREALS™ signifies the future of a multi-polar clearing and settlement system, offering the potential to streamline cross-border transactions and reduce dependence on traditional currencies significantly. Its introduction marks a crucial moment in the evolution of global finance, indicating a shift towards a more decentralized and robust monetary system. Embracing this transformative technology, ICON leads the way in driving innovation and shaping the future of finance.

Renowned economist James G. Rickards foresees a significant impact, predicting the non-deflationary price of AU under a new Gold standard to reach USD$27,500 per ounce by 2026. AUREALS™, fully backed by insured AU bars and accessible through encrypted digital wallets, offer FX accounts, instant liquidity, and collateral options for the ICON LIMITLESS™ Credit card.

Additionally, KYC & AML onboarding is swift, global transfers are cleared and settled on the HEDERA Distributed Ledger promptly, and AUREALS™ can be reserved by QIs and Institutional Investors with minimal fees and listing on reputable exchanges.

ICON's alignment with BRICS leadership signifies a transition towards transborder clearing and settlement via a digital AU-backed currency, parting ways with the unipolar SWIFT system. The collaboration with Sovereigns in Africa, securing exclusive AU refinery agreements and banking licenses, establishes a foundation for pricing commodities and reserves in AUREALS™, ensuring trading availability 24/7 with instant settlement.

ICON's extensive investments in DLT technology have facilitated efficient transactions, boasting remarkable transaction speeds and low costs across the BRICS alliance. The deployment of private chain 'mesh' networks within BRICS nations enables sovereign entities to establish personalized regulations, with a focus on privacy and immutability of records on Hedera for seamless transborder settlements.

About ICON

Launched in 2013, ICON aims to create a digital financial ecosystem backed by physical AU. The company, led by experienced professionals in banking, finance, and DLT, brings forth AUREALS™ as a secure digital currency embedded in a sophisticated financial network.

About New Development Bank (NDB)

The New Development Bank (NDB), established by the BRICS nations, is dedicated to mobilizing resources for infrastructure and sustainable development projects in emerging markets and developing countries (EMDCs). With a strong mandate, NDB significantly contributes to global growth and development.