PREDICT 2024: ISO 20022 Mandates: A tipping point in financial transformation

In this Predict 2024 episode, Paul Thomalla, NED, UNIFITS, highlights the need for banks to adopt ISO 20022. Anticipating upcoming regulatory shifts in 2024, we discuss resource constraints, including ISO 20022-related challenges like talent scarcity and explore how banks can proactively use automation to ease the transition and alleviate skills shortage pressures.
For all your fintech-related news, please visit www.finextra.com

[@fidlaf1]

The way I see it: Bitcoin was meant as peer to peer digital cash, that no government/entity can control.
XRP could be as well but also as a bridge between all currencies, assets. That makes the vision larger.
Also other functions added, such as built in DEX and more.

[@fidlaf1]

XRP baby ❤

[@fidlaf1]

There’s is NOT going to be just 1 single blockchain that would take it all. There’re countless use cases, markets & problems to be solved by this transformative technology, and each cryptocurrency does its own thing. There will not be only one winner. We are in a new internet era ❤

[@fidlaf1]

XRP is a universal currencies, meaning anyone can use them as units of value anywhere in the world. That universality gives digital assets global reach and the ability to settle much faster than traditional assets.
the XRP Ledger is ~1,000 nodes.
Even if you just look at Ripple's UNL, Ripple only control 4 of those validators.
Yes, Ripple are a company and have the right to service whomever. Just like any Bitcoin company.

[@Joefitjohnson]

👀👀👀📈📈

[@fidlaf1]

CBDC/FIAT --> XRP --> CBDC/FIAT
In other words:
$XRP = Global Bridge Currency