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Dimes to Dollars DO NOT CONFUSE RESEARCH WITH FINANCIAL ADVISE. I AM NOT A FINANCIAL ADVISOR.
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438
👆🏻 "fueled by a strategic partnership with Ripple's Metaco"
... hmm.
"Metaco Taps IBM Execs to Revamp Institutional Push.
The Swiss crypto tech provider hired IBM’s Peter DeMeo as head of product, as well as former IBM lead architect, Angel Nunez Mencias.
DeMeo’s appointment as chief product officer matters because IBM, where he was head of digital assets infrastructure, has been quietly building out bank-grade digital assets custody and key management. (Big Blue was previously best known in the industry for its forays into supply chain applications of permissioned blockchains and the like.)
However, Metaco’s gain isn’t necessarily IBM’s loss, as DeMeo explains, because the move cements an existing working relationship between the two companies."
IBM is behind it all.. IBM Hyperledger is STELLAR. It will all ride on the rails of Stellar. We are seeing XRP come into the spotlight, banks are how institutional money moves and they will all be established for cross boarder payments first. 😉
https://www.coindesk.com/business/2023/02/07/crypto-custody-tech-firm-metaco-taps-ibm-to-revamp-institutional-push/
438
Project Guardian network mapping showing the testing and framework for digital assets to be introduced and implemented into the financial market infrastructure.
438
Non-Native Tokens or Tokenized
representation of assets (T1)
This refers to tokens which represent a claim against the issuing institutions. In the case of tokenized deposits and similar tokenized liabilities, the depository institutions that issued the token is liable to the holder for the fiat amount of the claim evidenced by the token15. While for tokenized securities, this involves creating a digital token to represent the securities that
are traditionally issued and custodied. The
value of these tokens mirrors the value of the underlying traditional securities. For the first pilot of Project Guardian, DBS Bank and SBI Digital Asset Holdings tested the concept of tokenized Singapore Government Securities (SGS) bonds and Japanese Government Bonds (JGB) and conducted bilateral trades involving them.
Native Tokens (T2)
Tokens that are native to a particular platform, whereby its primary system of record is the platform, are referred to as native tokens or asset tokens. In the event of a dispute, these records are treated as the source of the truth. An example of a
native token could be a digital currency issued by a central bank. The central bank digital currency in this context is a store of value itself and there are no separate cash reserves backing the central bank digital currency. The legal basis of these tokens and the rights that holders of these tokens have is a subject of ongoing review in many jurisdictions.
Account-based (T3)
For completeness, some digital asset projects are modelled representing traditional accounts such as deposits held by financial institutions. In such a scenario, the owner of the account owns the value represented in the account. The accounts themselves are non-transferable, although the value held could be moved across different accounts and the transfer recorded on a platform.
438
Repost from BearBangerz
Dubai Financial Services Authority (DFSA)
Official News Release approving #XRP
--The UAE is IN--
#BRICS+ #OIL
"Digital Currencies trade for OIL"
Dubai Financial Services Authority (DFSA) has approved the digital asset #XRP for use within the Dubai International Financial Centre (DIFC). Licensed virtual asset firms within the DIFC will now be able to incorporate XRP into their virtual asset services.
438
Way further along then we are led to believe look at all of these. Have not seen this kind of detail anywhere else or any other pushed system or solution
438
Following Scam warnings are now removed on SDEX and Lobstr. Project USTN, CEER, RBRN and SAV👍
438
go-dls . com, quantum . indus . exchange, astronaut . foundation ... on SDEX has also dropped the scam warning.
438
Hello Em, just wanted to let you know that Indusx.tech is totally clear of scam warnings on the SDEX! I’m tracking a lot of the tokens and domains we follow, and have been seeing the number of tokens with scam warnings is decreasing! 😊
438
Repost from ✨Quantum Stellar Initiative (QSI)✨
⚠️Note warning: FTX Bankruptcy reveals investors set to be wiped out
For the 17,000,000th time
‼️‼️‼️‼️‼️
🔤🔤🔤
🔤🔤🔤🔤
🔤🔤🔤🔤🔤🔤
🔤🔤🔤
🔤🔤🔤🔤🔤🔤🔤🔤🔤
‼️‼️‼️‼️‼️
Ground rules:
1️⃣Assets on ALL major exchanges are most likely going to be held for class action lawsuits and bankruptcy liquidation like I’ve been saying since 2021 https://t.me/QuantumStellarInitiative/17953
2️⃣All blockchains and their assets are flowing into Stellar via wrapped assets - forking volume
3️⃣ISO20022 compliant coins on major exchanges need to be moved into SELF CUSTODY wallet to safeguard (this means YOU have the secret key, not the exchange)
3️⃣🔤ALL STELLAR WALLETS are safe for STELLAR ASSETS and STELLAR WRAPPED assets. This includes: lobster, lumendex, scopuly, stellarport, stellarterm (+ new white hat wallets coming either 2023 or 2024 + Ledger Nano will also be adding Layer 1&2 QFS Governance assets in the future https://t.me/QuantumStellarInitiative/5622)
3️⃣🔤ALL SELF CUSTODY wallets are safe to store ISO20022 compliant coins. However, if they are HOT or COLD STORAGE wallets that are not specifically Stellar blockchain wallets (example: Ledger Nano, Trezor, Exodus, Xumm, etc.), then no Stellar assets except for XLM will be able to be stored on it ⚠️
D’Cent is now allowing these Stellar assets https://medium.com/dcentwallet/trustlines-on-the-stellar-xlm-network-are-now-available-on-dcent-wallet-b3188f1726f5
Action item:
Move all assets off crypto exchanges and we recommend you swap non compliant assets into ISO20022 compliant assets
https://twitter.com/whalechart/status/1612900527276171290?s=46&t=kj3RUJ7XzfM0uuinrZTs5A
Join us here:
@QuantumStellarInitiative
@QuantumStellarInitiativeChat
Assets on Lobstr ✅QSI.xmint.io
http://www.QSIResources.com
https://youtube.com/channel/UChCxSaSZyyvFnMINo3sUQtQ
