The current status of discussions and whether a consensus has been reached among BRICS members regarding the timeline remain unclear. Russia has actively pursued strategies to reduce reliance on the U.S. dollar within BRICS through blockchain technology for a while now.
This has been a significant focus for Russia, but it is still uncertain whether a common timeline has been agreed upon among the BRICS nations. This uncertainty adds complexity to the situation and may impact the effectiveness of any strategies that are implemented.
It is important for the BRICS nations to come to a consensus on this issue in order to effectively reduce reliance on the U.S. dollar. Without a clear agreement on the timeline and strategy, the efforts to implement blockchain technology may be less impactful.
Overall, the current status of discussions and consensus among BRICS members on reducing reliance on the U.S. dollar through blockchain technology is uncertain, and it remains to be seen how this will develop in the future.