UPDATE ON “ISO 20022”: 72% OF US BANKS ARE NOW COMPLIANT WITH ISO 20022
UPDATE ON “ISO 20022”: 72% OF US BANKS ARE NOW COMPLIANT WITH ISO 20022
THE NEW AGE OF ISO 20022 PAYMENTS & WHAT IT MEANS FOR DIGITAL CURRENCY (Both crypto & CBDCs): JP Morgan & Other Banks Plan to Use Quantum Computing—QFS IS A “PLAN”, NOT A CONSPIRACY THEORY
COIN CODEX
Table of contents
What is ISO 20022?
ISO 20022 is an international standard for financial messaging that provides a common language and structure for the exchange of electronic data between financial institutions and international payment systems like SWIFT.
The goal of ISO 20022 is to replace the multitude of different messaging formats and protocols used by various financial systems with a unified and standardized approach.
List of ISO 20022 compliant cryptocurrencies in 2023
XRP (XRP)
Quant (QNT)
Algorand (ALGO)
Stellar (XLM)
Hedera HashGraph (HBAR)
IOTA (MIOTA)
XDC Network (XDC)
https://coincodex.com/article/27964/iso-20022-crypto/
🌐🏦 ISO 20022 Crypto: How XRP, XLM, and Others Could Revolutionize Finance
What is Ripple? Understanding XRP and Ripple’s Revolutionary Technology
Ripple is a blockchain-based digital payment network and protocol that uses its own cryptocurrency, XRP.
Ripple’s main focus is as a payment settlement asset exchange and remittance system, similar to the SWIFT system for international money and security transfers used by banks and financial intermediaries dealing across currencies.
Ripple and XRP have often been the subjects of discussion due to the company’s decentralization.
Ripple’s semi-centralization represents a departure from the traditional decentralized ethos that cryptocurrencies like Bitcoin and Ethereum adhere to.
Ripple employs a consensus mechanism called the Ripple Protocol Consensus Algorithm (RPCA). This approach involves a select group of validators that verify and validate transactions, raising concerns about centralization due to the controlled nature of these validators.
Critics argue that this undermines the core principles of decentralization and censorship resistance.
https://www.linqto.com/blog/what-is-ripple/
HOW ISO CODES CONNECT THE WORLD
List of ISO (International Organization for Standardization) 3166 country codes
The ISO 3166-1 standard currently comprises 249 countries, 193 of which are sovereign states that are members of the United Nations.
Many dependent territories in the ISO 3166-1 standard are also listed as a subdivision of their administering state in the ISO 3166-2 standard.
https://en.m.wikipedia.org/wiki/List_of_ISO_3166_country_codes
ISO 3166 sets out internationally recognized codes made up of letters and numbers – short, unique identifiers for countries, dependent territories and special areas of geographical interest. For example, Italy is abbreviated as IT, ITA and 380 while Japan is JP, JPN and 392. The idea is to represent different countries in a more convenient and less ambiguous form than their full names.
https://www.iso.org/contents/news/2022/12/how-iso-codes-connect-the-world.html
ISO 20022: THE NEW AGE OF PAYMENTS & WHAT IT MEANS FOR DIGITAL CURRENCY (Both crypto & CBDCs)
At 1:05, US Federal Reserve “encouraging” adoption by 2023
At 1:10, “ISO 20022 has the potential to play a key role in the development & implementation of CBDCs”
Quantum Financial System (QFS): Revolutionizing Finance or Conspiracy Theory
Potential of QFS (for a one world financial system) 👇
Quantum Computing/AI Could Eliminate Banks 👇
Some WRONGLY Claim QFS Is A Conspiracy Theory 👇
JP Morgan & Other Banks Plan to Use Quantum Computing: SO QFS IS A “PLAN”, NOT A CONSPIRACY THEORY
QFS IS NOT A “REVOLUTION” OR A “CONSPIRACY THEORY”….
IT IS A PLAN—VERY LIKELY SPEAR HEADED BY JP MORGAN CHASE, BARCLAYS, THE WORLD BANK, & IBM (research IBM’s history in Nazi Germany)—TO ESTABLISH THE ONE WORLD QFS (Quantum Financial System) TO FINANCIALLY ENSLAVE/CONTROL THE WORLD
TO LEARN MORE ABOUT:
▪️JP MORGAN’S ROLE IN THE blackmail operation compromising & controlling the most powerful people on Earth, to rule the world via proxy (the same blackmail operation also controlled the virologist who engineered the Covid virus)
▪️JP MORGAN’S DIRECT CONNECTION TO (Biotech &)Healthcare VIA its partnership with BIO (Biotechnology Innovation Organization) at the “42nd JP Morgan (Biotech &)Healthcare Conference” which means BIG MONEY, BIG BANK + BIO =BIG TROUBLE FOR THE WORLD
▪️HOW ISO 20022 began in 2020 during COVID, went live in 2022, & is required to be adopted by ALL Financial Institutions 2025 (the Federal Reserve was “encouraging” US adoption of ISO 20022 by 2023 &, as of Feb 2022, US bank adoption was at 72%.
