Discover and read the best of Twitter Threads about #RTGS

Most recents (12)

[1/🧵] "#ISO20022 is bigger than you think"

You've probably heard that term a few times and wondered what it meant. 🤔

In case you are curious now:

A brief explanation of everything important.
There will be nothing complicated ahead, so don't worry. 🧵👇 Source: https://topiacoin.io/es/cbpr-iso-20022-for-dummies/
[2/24] — Outline —

🔹 Origin & Timeline
🔹 What's the big deal?
🔹 Details regarding the transformation
🔹 Migration Approaches
🔹 Relations to #Crypto (#DTI)
🔹 @Ripple & #JSON formats Source: https://www.cryptopolitan.com/iso-20022-compliant-cr
[3/24] — Origin & Timeline —

The #ISO 20022 standardization efforts began very early on. Indeed, you may be wondering how you missed it until this date. 😅 Source: https://www.slideserve.com/bevis/iso-20022-unifi-pow
Read 26 tweets
Entrepreneurs, are you tired of paying hefty taxes?

Don't worry! We got you covered!

Check out these top tax-saving tips that can benefit your business and your bottom line. (1/n)

#entrepreneurs #taxes #taxsavings #taxtips
#1 Hire Family Members & Relatives:

You can reduce your tax liability by paying salaries to family members, which are tax-deductible. Their income may also be below the taxable threshold. (2/n)

#tax #taxexemption #taxliability
#2 Deduct Business Expenses for Travel & Accommodation:

Business travel expenses such as tickets and accommodation can be deducted from your taxable income, thus reducing your tax liability.
(3/n)

#taxliability #businessexpenses #deductions
Read 14 tweets
@Michael30339531 @sentosumosaba @ConsenSys @stedas @Ripple 1/ As things currently stand, no obvious winner has been elected.

However, the following should be noted:
• The majority of BIS research initiatives allude to a future DLT architecture.
. . .
@Michael30339531 @sentosumosaba @ConsenSys @stedas @Ripple 2/ . . .

• Prefunding (nostro/vostro) may only be handled by utilizing a decentralized trustless blockchain such as #XRP (used by Ripple), #XDC (used by XinFin/R3), #ETH (used by ConsenSys), or #XLM (used by Stellar)
. . .
@Michael30339531 @sentosumosaba @ConsenSys @stedas @Ripple 3/ . . .

• In my perspective, numerous #RTGS (such as #RippleNet) will compete and eventually be compatible with one another.
. . .
Read 6 tweets
A thread 🧵 on the role of $QNT into connecting quadrillions of legacy payments to DLT based infrastructures🔗💵💶💷💴

👇🏼

1/12
One of the most overlooked feature of Overledger is the capability of INTEGRATING with existing legacy systems (ingrediënt 1📸)

A very important feauture since most of the worlds value is still ‘locked’ in it🔐

Some Defi en Tradfi numbers✖️:

2/12
TvL crypto (05 may 2022): 204 billion💲(source: DefiLlama)

The assets of financial institutions worldwide amounts to approx 1,54 quadrillion💲(source: McKinsey)

The global🌎 amount of financial transactions is a multitude of that (quadrillions a year changes accounts💰)

3/12
Read 13 tweets
Hey Citizens!🌎

I put a couple more hours into research and combining what the community shared on @volantetech I created this massive helicopter view of the connections of the volante ecosystem from things in this🧵⏬

#Payments #RTGS #RegTech #DLT #connector #fintech $XRP #XRP
Warning: This is a technical schematic map of connections to a global payment network

If you don't like regulated connections this post is not for you

If you support deep research tag ur fav influencers to spread the research!

#DLT #Blockchain #fintech #XRPCommunity #mindmap
Read 4 tweets
Hey Citizens!🌎

I did some research on @Volantetech and put this image together to show you guys some insight into how they can settle payments with Ripplenet / $XRP and other payment rails.

#XRP #XRPCommunity #DLT #Fintech #Research #Payments #ISO20022 #RTGS #RegTech #mindmap
Here's a visual I put together if you guys want to share with your #XRPcommunity how Volante can settle w/ $XRP

@MackAttackXRP
@sentosumosaba
@DigPerspectives
@MackAttackXRP
@digitalassetbuy
@MrDigitalDive1
@Fame21Moore
@X__Anderson
@Kevin_Cage_
@BCBacker
@XRP_OWL
@XrpMr
Here is one of the documents which lead to my confirmation

Then the tweet above which confirms $XRP can be used for settlement!

#XRPCommunity #DLT #Ripplent #Utility #Community

volantetech.com/wp-content/upl…
Read 5 tweets
Everyone knows the term cryptocurrency

But few understand what blockchain technology is and how it's revolutionizing industries across the globe

A list of information on why you should research blockchain technology

--Thread-- Image
1. Blockchain is the underlying technology that cryptocurrencies are built upon.⛓

Yes, it's more than a digital currency.

Blockchain / DLT (distributed ledger technology) provides an immutable, digital ledger that is always updating with transactions happening in real-time. 📖 ImageImage
2. What are the benefits of using Blockchain or DLT?🤔

Check out the pictures below to see how DLT technology will revolutionize industries. 👇

Shout out to @MikeQuindazzi for his awesome benefits infographic

#blockchain #DLT #innovation #financial #cryptocurrency #education ImageImage
Read 18 tweets
95% of people are chasing meme coins

But few are looking at one of the biggest long-term opportunities in crypto...

A deep dive into how $XRP is building a frictionless decentralized liquidity pool for the world 🌍

(Not financial advice)

/THREAD/ Image
1/ The problem:

“With today’s internet of information you can’t store, move, transact value without a powerful intermediary. And that’s what blockchains solve”

Quoted by @dontapscott a leader in the decentralized blockchain revolution Image
@dontapscott 2/ Before blockchain

The internet had a problem with transferring $ value peer to peer

The only 2 options for sending money were:

1. Send $ using a cross border payment via bank transfers
2. Use a 3rd party and trust a stranger with private information

Lets dive into those👇 Image
Read 33 tweets
Sharing a new concept of #RTG, a pattern which I take as a very powerful sign on charts. This is basically Red to Green transformation, #RTG - a term coined by me. Lets see it on charts. I had traded this last year in #GujaratGas, sharing that chart as well. ImageImage
There is no rocket science behind #RTG, it is quite simple. In candlestick reversal patterns, the most important thing is how deep the candle retrace. Like between Thrust, Piercing & Engulfing, the basic difference is nothing but the depth of retracement. The thrust 2/n
being the weakest one, retracing less than half of previous opposite color bar. Piercing retraces more than half, while engulfing retraces beyond the complete opposite color bar. Take the same concept- in this the candle retraces beyond the opposite color candle by the gap 3/n
Read 10 tweets
1/ The Bank of England are in the process of overhauling their current Real Time Gross Settlement (RTGS) system ✅

They are preparing for the Best & Final Offer stage ahead of appointing a Technology Delivery Partner in Summer 2020..

Who could the "TDP" be? 🧐

#BOE #RTGS #DLT
2/ In 2017, the UK Central Banks External Advisory Board said they were exploring the lessons learned from a number of other real-time RTGS implementations..

A highlight was the Scandinavian model for instant payments 🇸🇪🇳🇴

Specifically, a third party approach..

#BOE #RTGS #DLT
3/ Many Central Banks are turning to 3rd-party providers for their solutions instead of building their own RTGS infrastructure..

✅ Sweden
✅ Denmark
✅ Iceland
✅ Norway
✅ New Zealand

& more across Europe, Africa & ME..

Who provided the infrastructure?

Perago ✅

#RTGS #DLT
Read 9 tweets
#Top10 #cryptocurrencies [by #MarketVolume] on the 3rd of April, 2020 according to Dxone Exchange.
Number 10:

#OKB token by @OKEx

It is an #ERC20 token with a market cap of 1,221 Million #USD. It's key utility is discounts on #trading fees, voting rights, ability to invest in #incubated projects and #sharing_revenue.

(Source: cryptobriefing.com/what-is-ok-exc…) via @crypto_briefing
Number 9:

#BNB by @binance

@cz_binance's brainchild, the BNB #token powers everything in the Binance ecosystem. What was once just a #cryptocoin for exchange is a full-fledged #Ethereum competitor and sits at 1,917 Million USD market cap
Read 12 tweets
Find out the latest from the Bank of England on how Central Bank Synthetic Hegemonic Currencies (SHC) complement the legacy financial system and support monetary policy through a #NetworkofCentralBankDigitalCurrencies #DLT #Blockchain bankofengland.co.uk/-/media/boe/fi… Image
What I said in Zug. @bankofengland states, that central bank currencies should be run by central banks to complement the existing system, providing stability, efficiency and managing risk. The beginnings of rearchitecting the entire financial system!
According to @BIS_org, this is how central bank currencies fit into the financial system. bis.org/cpmi/publ/d174… Image
Read 61 tweets

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