More From Goldilocks " Yuan, Dedollarization, QFS and more" 3-3-2023
Goldilocks and Seeds of Wisdom
Thanks RJ
RJ: Good morning Dinar Recaps,
Goldilocks posted the following concerning the article from Iraq already sent to you this morning: LINK
The above article this morning from Iraq has just been vetted as true by our CBI Banker contact in Iraq.
* Goldilocks
RJ: Goldilocks posted two links and a commentary:
Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain
https://news.bitcoin.com/russian-bank-issues-bank-guarantee-in-chinese-yuan-using-blockchain/
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Dhaka, Delhi discussing de-dollarisation
There is a reoccurring theme taking place as of late. With commodity-based trading increasing the demand for local currency use in other countries, we are witnessing the need for currency rate changes going forward globally to support the local economy.
More and more countries are utilizing the Chinese Yuan in digital transactions for payments.
This is leveling the playing field in the East and the West. It will allow for a balanced global economy in trade and upgrade in currency values currently being devalued in this one.
© Goldilocks
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RJ: Goldilocks posted this commentary on the links provided:
We have moved from a year of legislating the process of the new digital economy and arrived currently in a field of regulation.
Smart Contracts will aid in the effort to bring our financial solutions/regulations together through artificial intelligence leading the way.
Smart contracts determines proof of funds on both sides of a trade and mobilizes monetary exchanges around the world.
Technology is leading us into areas of financing we have never seen before. And, the new International Payment System being activated on March 20th will mark a New Day has dawned in financial inclusion.
© Goldilocks
https://www.wolterskluwer.com/en/expert-insights/industry-experts-anticipate-less-legislation-more-regulation
https://www.omfif.org/2023/02/interoperability-key-to-unlocking-the-potential-of-regulated-digital-payments/
https://www.livemint.com/opinion/columns/smart-contracts-can-revolutionize-the-way-we-transact-11677608238827.html
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RJ: Goldilocks posted the following from CaptKyle Patriots this morning and pointed to it. So it is important to take notice:
Events not Dates
An event that we've been waiting for that should kick off the QFS is the implementation of ISO20022 which is slated for March 20, 2023. This is huge folks!
Everything is being put in place and as Kyle has said the QFS has been running simultaneously with our old banking system.
The financial part of this needs to be in place fully before things begin to flip! This was originally slated for Nov. of last year, it got pushed for some reason to 3/20. Let's pray everything runs according to plans
LFG!
Here are some links that you can begin to read up on.
https://www.swift.com/standards/iso-20022?gclid=CjwKCAiAr4GgBhBFEiwAgwORrQx-6Fhdy1EcbRZozYsnfOHoF2vSs0AcTLuNsGGkptM8V8IU_2LQcBoCtEYQAvD_BwE&gclsrc=aw.ds
https://www.niceactimize.com/blog/aml-iso-20022-101-for-aml-and-sanctions-screening-professionals/?utm_source=google_search&utm_medium=cpc&utm_campaign=AML_solutions&utm_content=18378024374&utm_term=&gclid=CjwKCAiAr4GgBhBFEiwAgwORra1bm2muw1JJOKlO4emYTgidfthy-QLajQl6raunly-f9olSsu2ThRoCKZ4QAvD_BwE
https://www.swift.com/campaign/iso-20022/iso-20022-dummies
Goldilocks' Telegram Room
https://t.me/+YU9UrHLxFbszOTJh
Goldilocks on the Seeds of Wisdom Team Website
https://www.seedsofwisdomteam.com/goldilocks
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