Goldilocks "ISO20022 Updates and More" Monday 3-20-2023

Chats and RumorsGoldilocks

Mar 20

Written By Dinar Recaps 20

Goldilocks and Seeds of Wisdom

Thank you RJ

RJ: Good morning Dinar Recaps,

Here are important posts from Goldilocks this morning

The Migration of ISO20022 has gone smoothly in Europe. It looks like the International Payment System that unifies all of the payment systems from around the world is connecting the world as we speak to each other.

Remember, Europe is the Nation that has more payment connections than anywhere else in the world. It was the nation we had trouble with last November that kept us from moving forward at that time.

Here are a few comments of what is taking place so far today:

"Europe's T2 and Australia's HVPS have migrated to #ISO20022. @swiftcommunity (start of the CBPR+ coexistence phase) and @PaymentsCanada (Lynx) have not yet announced whether the transition from MT to MX messages has been successful."

"Robert Magee, Director of the ISO 20022 Program @AusPayNet: 'Congratulations to our 50 Participants in the Australian High Value Clearing System on successfully going live with #ISO20022 today. Even though we didn’t get to go live last November, all of our Participants were fully tested, certified and read to go on time. A rare feat, considering that this type of large-scale whole-of-industry initiative is notoriously difficult to deliver successfully.' (Source: LinkedIn)"

"The #ISO20022 migration in Europe seems to have gone smoothly on the system side. The @ecb reports full functionality for #TARGET2, T2S and TIPS. You can check the current status on the link below."

@ Goldilocks

https://www.ecb.europa.eu/paym/target/html/index.en.html

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It is important to note that the old Financial System is currently undergoing bank failures around the world as the new digital asset-based Trading System is being activated today.

Look to see the global demand for these ISO tokens to really increase at this point. Their algorithms will create more value in their use over time. We mentioned several of these coins in this room on many occasions.

Changes will begin today, but markets tend to record changes a few days to a week later, rather than, all of the sudden when the switch is turned on.

These new banking coins are to transact digital transactions that will begin to formulate long-term patterns through consistent use, and the banks trust in these long-term patterns will give them the ability to create liquidity in the new QFS.

Anyone invested in these coins will be happy in the near term.

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Institutional money moves mountains in the marketplace. The QFS has tokenized financial assets in the new monetary system. Black Rock is stepping into the game.

"BlackRock, the world’s largest asset manager, is looking to ‘tokenize stocks.'"

Cryptosaurus LINK

Ledger Insights LINK

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A shift in power is taking place as we speak.

The World Reserve Currency Status is currently being reset as well.

The determination of who holds this power will come as a result of how the new QFS formulates patterns going forward.

Right now, the dollar has competition.

LINK

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We may have one or more World Reserve Currencies, or we may choose Gold to be the one.

Gold is the one element that cannot be broken down over time. If you have an ounce of gold in your hands that is weighed 100 years from now, it will have the same weight. It may take a different shape, but it will weigh the same.

Gold is the one currency that has stood the test of time.

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Precious Metals Companies See Surge in Trading as Investors Turn to Safe-haven Assets - Best Stocks

https://beststocks.com/precious-metals-companies-see-surge-in-tradin/

Egypt to Join BRICS Development Bank to Cut Dollar Reliance – BitcoinKE

https://bitcoinke.io/2023/03/egypt-to-join-brics-development-bank/

"Ripple joins forces with Blockchain Founders Fund to supercharge Web3 adoption – XRP struggles to rally"

Ripple is uniting Banks all over the world through Cross Border International Trading inside the Web 3 decentralized operating system.

The movement of money going forward and mobilization will no longer come from one country, it now belongs to a global interface centralized inside a Quantum Financial System.

LINK

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Are you still worried about the adoption of Central Bank Digital Currencies?

https://www.eurasiareview.com/19032023-central-bank-digital-currencies-would-bring-hyperinflation-analysis/

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"Egypt says it will support whatever is required to secure Saudi funding"

Countries are beginning to take sides, and monetary policies and patterns are beginning to formulate in different directions.

We are beginning to take baby steps into the world of currency reforms on a global scale as these new patterns develop.

It will be important to standardize these steps to bring unity out of the chaos.

LINK

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RBI Signs MoU with UAE Central Bank to Facilitate Cross-Border CBDC Transactions - Equitypandit