Share this page!

Maybe Scrolly?
Citizen of the Future - A Blockchain Theory 🌎 Profile picture
Twitter logo
Jan 16,, 9 tweets, 12 min read
2021 Regulated Fintech Review:

$XDC Network joined the TFD Initiative to revolutionize global trade finance with Tier 1 Banks & SMEs

#Fintech #Banking #TFD_Initiative

Blockchain Technology for Cross Border Trade

@iccwbo @UNESCAP @ITFAworldwide

#MLETR #dDOC @tradefinglobal
@EnigioTime is changing trade finance & Swift with
Centralized to Decentralized File transfers📄

Settle in 2 seconds & .000001 centfee

They gonna help remove trillions of $ in costs due to untrackable paper in the supply chain by digitalizing documents

@tradefinglobal @swiftcommunity China Systems @FinastraFS @traydstream @ITFAworldwide

@EnigioTime they are using a quality solution people will be able to use for the digitalization of company invoices and documents!

#dDOC #MLETR #Nomorepaper #Digitalization #eBL
Institutional adoption is coming for the #MLETR dDOC Standard

Paper will be phased out in trade these next 5-10 years

These guys = Super 🌟's to global industry @UNCITRAL_RCAP @iccwbo
@TradeTrust + @ITFAworldwide #DNI_Initiative
@XinFin_Official
Standard Chartered 40% of SMEs faced loan rejection.

Digitalization will help.

The dDOC revolution is coming!
Singapore & ADGM🟢
UK Waiting + Rest of G7 waiting for legislation🟡

enigio.com/post/abu-dhabi…
It seems it will be a required update for all jurisdictions worldwide.

Governments worldwide need to put in legislation reform because there is a major need to digitalize the supply chain so the world can be sustainable.

Paper = expensive, slow, and lots left out
#MLETR
Share your thoughts on these regulated companies, events and notes!

Is this deep🎣 in the ocean of information?🌎
Citizen of the Future
@threadreaderapp compile

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Citizen of the Future - A Blockchain Theory 🌎

Citizen of the Future - A Blockchain Theory 🌎 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @UtilityTheory

Citizen of the Future - A Blockchain Theory 🌎 Profile picture
Jan 16,
As I asked Sparky to search into MLETR & he did!

So I will help explain why I ask FUDers to RESEARCH certain keywords to show you what they can come across

MLETR is a dDOC standard that is being implemented across the globe from the @iccwbo DSI Initiative

He found Tradetrust👏
This is a good start! @xrpSparky91011 👏

Perlin is a member of the MOI that is a part of Tradetrust

If he was to dig deeper he would find..

The ICC DSI Initiative supports two consortiums:

@tradetrust and the @ITFA DNI Initiative / TFD Initiative!👀
Read 10 tweets
Citizen of the Future - A Blockchain Theory 🌎 Profile picture
Jan 15,
Are you calling $XDC network a scam?

Then this thread is for you!

If you are, you are probably under-researched
or following some FUDsters that are 1 Coin MAXI's

Before continuing to talk down on a regulated network that's working with Tier 1 Banks

Please answer the ?'s below
Have you researched the following:
1. What is the ITFA?
2. What is Enigio?
3. What is the TFD Initiative?
4. What is the ITFA's DNI Initiative?
5. What token does the DASL bridge use for R3?
6. What is TradeFinex?
7. Who is ADGM?
8. @AndreCasterman is transforming capital markets
Please do yourself the favour and take an hour to research all those.

If you are not gonna take time to actually research the regulated connections behind $XDC then stop being a little kid and stop talking 💩

You have 2 options
1. Runaway and block us
2. Or write a response👇
Read 14 tweets
Citizen of the Future - A Blockchain Theory 🌎 Profile picture
Jan 14,
A thought-provoking question for everyone in the crypto community.

Why is $XRP & $XLM listed as stable coins by @WorldBank?

My idea is settlement fees and transfer times are stable (4 seconds + less than 1c fee) and for funds moving there is minimal fluctuation in 4 seconds
Compare 4 seconds to the broken correspondent banking system fees & exchange rates, which also take 5-7 days to settle. (That is not stable)

Example:
1. Send 1 million $
2. Bank has ledger with XRP / XLM
3. Sends tokens to other bank - 4 seconds
4. Receiving bank Converts 2 Cash
This ecosystem infographic of $XLM was created by the utility artist / deep researcher @XX_1133_1221_11

Make sure to check him out for his sweet contributions to the Utility crypto communities!

#Utility #researchers #Blockchain #4IR #Visualization
Read 4 tweets
Citizen of the Future - A Blockchain Theory 🌎 Profile picture
Jan 13,
CBDC's in Cross Border Payments - World Bank

So I read this 46-page document

I found some interesting pieces of information so this thread will dive into some of my thoughts

I also found some errors the @WorldBank needs to fix in regards to $XRP

#XRP $XLM #XRPCommunity #XRPL
First of all, thank you to the writers that created this

There was a lot of great information on CBDC's and possible structures that the infrastructure could be built on.

But I am not going to cover the CBDC stuff in this thread.

#Project #Ubin #Stella #Jasper #R3
Great description for beginners of what Distributed Ledger Technology is.

World bank mentions lack of interoperability but there are two great solutions for that:
1. @quant_network - #Overledger Solution
2. @Interledger - Interledger Protocol ILP

#DLT #Blockchain
Read 15 tweets
Citizen of the Future - A Blockchain Theory 🌎 Profile picture
Jan 11,
A citizen's vision on the future of the global trade finance industry and some of the main players leading the 4th Industrial Revolution in the global supply chain🌎⛓️

This is a technical deep-dive thread on regulated technology initiatives

#globaltrade #Finance #DLT #fintech
Digitalization of documents will automate and remove the mess and expense of paper (eTRs). It will also create an auditable fraud detectable ledger of transactions in which will collect big data that AI can learn from to improve efficiency
#DLT #Blockchain
Digital documents create a "Digital Twin" that is fully trackable through the lifecycle of the trade documents journey. Paper documents could not do this.

This will allow ports and shipping companies to see where their items are in transit and what to expect

#Supplychain #dDOC
Read 21 tweets
Citizen of the Future - A Blockchain Theory 🌎 Profile picture
Jan 2,
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 27 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

Like this author's thread?

Get emails when @UtilityTheory has new unrolls!

Check out other threads from @UtilityTheory!

Read all threads by @UtilityTheory

:(