Discover and read the best of Twitter Threads about #iso20022

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The facts about #ISO20022

There have been LOTS of misinformed threads, videos and tweets about ISO 20022. So I thought it would be best to unpack what exactly ISO 20022 is and what it means for #web3 payment rails.
ISO 20022 is an open standard that anyone can use, anyone can contribute to and is free for anyone to implement on any network. ISO 20022 is a methodology for defining financial data content — it’s a standard for messaging standards as well as for APIs.
It’s not just about messages or APIs — ISO 20022 also provides a common language for machines and people to exchange information about financial business, set out in a formal dictionary.
Read 22 tweets
Le risorse digitali conformi alla norma #ISO20022 potrebbero diventare lo standard per l'applicazione normativa perché possono lavorare con le #CBDC
1/8
Le banche e le istituzioni finanziarie di tutto il mondo stanno entrando in una nuova era mentre si preparano a passare i loro sistemi di pagamento dall'uso dei messaggi #SWIFT alla #ISO20022, uno standard di messaggistica finanziaria molto più strutturato e ricco di dati.
2/8
Le seguenti #criptovalute sono conformi alla norma ISO 20022 al momento della stesura di questo documento:
•Stellar $XLM
•Hedera $HBAR
•IOTA $MIOTA
•XDC $XDC
•Ripple $XRP
•Algorand $ALGO
•Quant $QNT
3/8
Read 8 tweets
Crypto Has A Bad Name Because:

1. 99% of #DLT Tokens Are Scams W/ No Utility🚨
2. 79% of Crypto Influencers Are💰Motivated & Invest On Hype
3. Mainstream Media Says It's💩

This Should NOT Distract You From The Technology Transformation Currently Taking Place.
-A 🧵 of Threads-
I hope you can set some time aside to research!

I donated 5 hours to create this🧵to help others see topics around new era technology. 🧠

As I am tired of Mainstream Media covering up important things around the future of our global monetary system.
1. Research Technology & DLT Projects With Real🌎Utility
Not Up Hyped Meme Coins ⛓

The content I cover is:
• CBDC's
• Crypto
• IoT + IoV
• Big Data
• Payments
• Innovation
• Paperless Trade
• DLT Interoperability
• Payment infrastructure
• Industry 4.0 Technology
Read 38 tweets
Let me tell you a little story.

It is #ISOTC307 #TC307 (eg, @LACChain)

Standards for blockchain #interoperability among other working groups, #identity, #terminology, use cases etc.

iso.org/committee/6266…

$Qnt #ISO20022 ImageImageImageImage
Here's a quick video from the @BIS_org

The blueprint for Project Nexus.

Incase you've been asleep, these projects are coordinated from BIS innovation hubs, #BISIH.

Nexus uses #APIGateways to achieve these connections.

$Qnt. Image
Read 6 tweets
How @Ripple is becoming a huge part of payment systems in the UK / Europe & USA and soon the rest of the world 🌎
through @ModulrFinance & @volantetech

Thread 🧵👇

#XRP #XRPCommunity #ripple #DLT #iso20022 #allthemoney
I’ll start with “Faster payments”
Faster payments is the new payment system we use in our mobile banking apps when sending money in the UK.

Anyone that sends money from one bank to another goes through faster payments (FPS)
I stumbled across faster payments a while ago when I sent a friend money and my Halifax app shown it said “faster payments ongoing”
That’s when I started to dig and stumbled across @ModulrFinance ..
Read 17 tweets
📚Last Guide to ISO 20022 That Every Crypto User Will Ever Need! $XDC $ALGO $QNT $HBAR $LCX

Before we start: by 2025, it will be the universal standard for payment systems for all reserve currencies and will support 87% of transactions globally.

A short and sweet 🧵thread 🧵
👉 SO WHAT IS IT?

ISO 20022 is a standard for the electronic exchange of data between financial services within the payments industry. It is based on DLT (distributive ledger technology)

$QNT
✋NOT CLEAR?

Suppose two people that speaks different languages have to communicate otherwise one of them will die. They speak only their native language: Chinese 🇨🇳 and English 🇬🇧

🤔Can you guess what will happen?
Read 17 tweets
It's a bird..
It's a plane..

No - It's a DLT research care package containing a map of connections within the traditional finance system

Every partnership you can research using google. #connectthedots
#DLT #TradeFinance #Reseaerch #topics #digdeep #Regtech #IoV #ResearchTopics
"Where do I Start" 🧵
1. I started with the @ITFAworldwide. Who they are and what they do within the traditional finance market
2. What is their part and partners in the global system of trade finance/legacy banking?
3. Why they🤝 @XinFin_Official #XDC
4. You start to learn about an ecosystem of traditional finance players partnering to help utilize digital documents/trade instruments between SMEs, corps & banks.

They are helping innovate the expensive, antiquated and silo'd trade finance industry
#XDC
Read 11 tweets
To those who think #ISO20022 will not have an effect on crypto. Tell me what else will? It's won't be retail becuase it's not enough of them to bring the cryptocurrency market to the masses. And the institutions that are coming in. Are coming in knowing ISO is a thing.
IN ADDITION to that...$QNT Quant Networks creator, created THE ISO standard for Blockchain technology TC307, so again how does ISO not have an effect on crypto? ISO standards are THE standards that establish a list of good practices for a specific technology or service.
The people that don't see ISO coming also didn't see the Metaverse. Let that sink in a minute. Those same people also think regulation is the end of crypto. Those same people also believe that altcoins have no value yet all the technologies of the future are built on Altcoins.
Read 4 tweets
With the rumours of Ripple possibly moving to London getting around, my mind started ticking over. Imagine this as a scenario:
SEC succeeds in classifying XRP as a security in the USA and Ripple moves to London to continue their business.
JPM coin becomes the wholesale US dollar CBDC and USDC becomes the retail facing digital US dollar.
Both of these US Dollars only function within the "walled garden" of the USA and any other country that decides to use the US Dollar instead of their sovereign currency.
All other countries develop their own digital dollars that also function only within their own countries "walled gardens"
The cbdcs and retail digital dollars run on iso compliant blockchains within their walled gardens.

The XRPL connects all the walled gardens together.
Read 10 tweets
🔥☄️ WOW, these indirect connections between the Bank of Canda & $QNT ran FAR deeper than I had thought

Lotta history in here thats been dusted away, enjoy this 🧵as we deep dive into just how far back these guys go

(1/many) 🧶
Its common knowledge in the $QNT community by now that both Gilbert & Martin were key components to Vocalink

🏆 Gilbert had won 2017 CISO of the year during his time there

⚙️ Martin had spent 13+ years there climbing all the way up to VP 👏👏
Vocalink is a payments service company owned by a consortium of large banks with Mastercard owning a 92% stake 🤯

They are compatible w #ISO20022 while also running in parallel w BACs & CHAPS to provide interbank real time transfers
Read 17 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
(THREAD) American People & #XRPCommunity: Never forget that 1 year ago (2.24.21), @JoeBiden Exec. Order 14018 REVOKED Trump's @Ripple-centric Executive Order #13772 ("Core Principles for Regulating US Financial System") & Biden literally revoked "prevent taxpayer funded bailouts"
2/ all this chatter on social media in recent weeks about a supposed EO from Joe Biden on crypto… well let’s talk about the traitorous EO 14018 from A YEAR AGO when he killed EO 13772 (which was to prevent taxpayer funded bailouts AND facilitate financial system reform, etc)
3/ We have a few more key dates to add to our timelines:
- Feb. 3, 2017: Trump Executive Order #13772: "Core Principles for Regulating the US Financial System"
- Feb. 24, 2021: Biden E.O. #14018 REVOKES EO #13722
@JohnEDeaton1 @Leerzeit @attorneyjeremy1 @digitalassetbuy @_XRpizza ImageImageImageImage
Read 14 tweets
Want to be in the top 1%?

Find the blockchain projects 99% aren't looking at.

I've done 1000s of hours of research on some of the best projects and compiled them into educational threads for other citizens to research

Here are some of my deep dives🌊

--Thread of Threads-- Image
My focus is on long-term utility blockchain/ DLT projects⛓

Not short-term meme coins

These threads will cover:

• CBDC's
• IoT + IoV
• Innovation
• Supply chain
• Data protection
• Paperless trade finance
• Cheap payment infrastructure
• Interoperability of DLT ledgers Image
Read 18 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
I have been researching the global trade finance gap

How Digitalization can help fix this!

Which from my understanding it is the gap between accessible funding to SMEs and what they need but the current legacy infrastructure cant provide it

$XDC

--Thread--

#fintech #finance
This represents a lack of funding for small and medium enterprises around the world

40% of global SMEs face loan rejection

Digitalization in trade will help close the gap but global standards and legislation are required to realize this potential *UNCITRAL < MLETR dDOC standard
To understand how big those numbers are let's look at the perspective instead of dollars let's convert it to time:

One trillion seconds of ordinary clock time =

( 1012 sec)/( 3.16 x 107 sec/yr) = 31,546 years!

1.8 Trillion $ = 56,782 years
ICC doc 5 Trillion $ = 157,730 years
Read 28 tweets
"The Regulated Internet of Value"

Tokenizing the world's value across a Regulated Network of Networks

Great Infographic XX.

Let's show the citizens how institutions are planning blockchain interoperability

#DLT #Blockchain #QNT $QNT $XDC $XRP $DAG #ISO20022 #Research #learn Image
Read 7 tweets
People are following mainstream media and buying $ETH at ATH's

But are missing out on this hidden gem built on the $ETH network.💎

That provides interoperability between blockchain networks for TradFi Banks & Enterprises

-Super Thread on Quant Network-
#QNT 👑 #Quant #Fintech Image
1/ The problem: ❎

Traditional Institutions and Enterprises need an operating system that will allow them to easily interoperate between these new nascent crypto markets

For example, you currently can't send $ETH to a $BTC address or $XRP to a $DAG address

Networks are silo'd Image
2) Quant created Overledger - an operating system that allows anyone to enter 3 lines of code on a computer to interoperate between networks

This allows value to flow between blockchain ledgers flawlessly without having to worry about which network it's on.

#fintech #quant #QNT ImageImage
Read 25 tweets
👀💻Have you checked our Finaplo Financial messaging libraries? They can be provided either online, through our cloud APIs, or on-premise: finaplo.paymentcomponents.com

#fintech #finserv #ISO20022 #iso20022migration #finaplo #payments
❤️Our FINaplo is already used and loved by thousands of developers worldwide!
paymentcomponents.com/case-studies/f…

#casestudies #iso20022 #SWIFT #SEPA #CBPR #iso20022migration #finaplo #payments
And of course, it was crafted by our awesome team with passion and enthusiasm: paymentcomponents.com

#fintech #finserv #developer #coding #digitalpayments
Read 3 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
The Gates Foundation New Partnership with EU European Investment Bank

What kind of relationship does the gates foundation have with blockchain technology?

Share your research in the comments!👇
sciencebusiness.net/climate-news/n…
Some partnerships I have seen over the years

Bill & Melinda Gates Foundation Creates Mojaloop foundation and partner with

#Ripple #Interledger #ILP $XRP ImageImage
Details of the Ripple & Mojaloop Partnership and how it's changing the world of payments in developing countries.

One day this could include a new 1.6 billion people of the unbanked to participate in global trade.
#unbanked #fintech #financialinclusion #XRP #ILP ImageImage
Read 12 tweets
- September Wrecktember! NineSeventeen?
- Markets planned to crash under BidAn
- 99% cryptos will tank
- Digital Yuan & #ISO20022 tokens backed or pegged to #Gold/other assets
- Grab ISO bargains now
- New Fork
- New Fin system will rise from the ashes
- New Gov
- #tiktok 3, 2, 1
Read 16 tweets
At PaymentComponents, we have been advising Financial Institutions for a long time, trying to find tools and products which offer simple solutions to complex problems.

👉paymentcomponents.com

#fintech #finserv #payments #ISO20022 #CBPR #SWIFT #euro #banking #digital #software
That is why we came up with our FINaplo, a game-changing platform for banks and financial institutions, aiming to dramatically accelerate financial messaging:
paymentcomponents.com/announcing-fin…

#fintech #finserv #payments #ISO20022 #CBPR #SWIFT #euro #banking #digital #software
Read 3 tweets
Check out our state-of-the-art aplonHUB: an application to help Banks and EMIs manage all kinds of payment flows - supporting SEPA, SWIFT MT, ISO20022 CBPR+, and Instant Payments: paymentcomponents.com/aplonhub/
Read here its' merits that make it top: paymentcomponents.com/the-single-app…
At PaymentComponents we empower the world's most innovative digital financial services!

#fintech #finserv #payments #ISO20022 #CBPR+, #SWIFT #digital #target2
Read 3 tweets
Have you checked our brand new tool, FINaplo?
It is our all-in-one Financial Messaging tool, to better respond to the financial services industry needs: finaplo.paymentcomponents.com
At PaymentComponents we love creating products with impact in people's lives! paymentcomponents.com
Join the Instant Payments move with us!

#fintech #finserv #payments #digital #SEPA #ISO20022 #CBPR+
Read 3 tweets

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