An important document👇

Project Stella ECB + Bank of Japan

Synchronized Corssborder payments 2019
@Interledger @Hyperledger

My Theory
#Ripple < #ILP < $XRP pay channels for settlement

--Technical DLT Information--
#Interledger #PoC #Ripple #XRP #DLT
ecb.europa.eu/paym/intro/pub…
Intro.

Warning:

This is very technical information for people interested in DLT and banking payment upgrades.

Not for the faint of heart.
Talks about Bank of England synchronized settlement of RTGS

I've seen that before and the common denominator was @Interledger #ILP #fintech #payments #settlement

3rd photo is the Bank of England document I read years ago on the ILP PoC success.
Three Roles of Interledger Protocol:
A Sender, Receiver, or Connector

Connectors are entities with accounts on two or more ledgers who act as liquidity providers that relay payments across ledgers

ILP was a large part of the experiment
#ILP #W3C #Ripple @Interledger
In a separate paper I was researching #ILP & this was the technical proof I found they can use $XRP for settlement of payment channels

Even though Project Stella doesn't mention $XRP, They are talking about Interledger pay channels which CAN settle via #XRP@Interledger
Back to the document,

Oh look they mention pay channels

I added the third photo for reference again.

I'm just connecting the dots, it is possible they use other currency ledger payment channels for settlement. But I am assuming $XRP could be a pay channel that is used.
Overview of experiments & results of experiments ⏬

From this, it seems like Interledger Protocol will be a very common interoperability protocol in the future of payments.

The question is when will it go through its mainstream adoption phase.
#Ripple #ILP #payments
If you like regulated documents around DLT / Fintech & educational breakdowns for DLT networks give me a follow @utilitytheory as I like to share regulated fintech information.

#DLT #Blockchain #Fintech #Regtech

Below is another important ECB Document👀

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More from @UtilityTheory

May 28, 2023
📢Thread:🧵

Navigating #Crypto #Regulation in the UK 🇬🇧💰🔍

A comprehensive summary of the UK House of Commons Treasury Committee report on government's approach to #cryptoassets & how they plan to balance the scales of innovation and risk. (1/16) #ShitcoinShutdown #DLT Thread on the UK Gov's plan...
2. Shoutout to @MatthewLINY for finding this document that was published May 10 2023. 🤝

In this thread, I am going to summarize some viewpoints of the UK Gov and I will post the document link at the end of the Thread! Lets dig in⏬ #Crypto #DLT #Blockchain Image
3. The Treasury Committee has called for the UK Gov to step up its efforts in regulating #cryptocurrency, amidst rising concerns about risks to consumers.

They advocate for a pragmatic and balanced approach to regulation, recognising the potential of #DLT in financial services. Image
Read 18 tweets
May 25, 2023
Huge! This will one day connect with #Enigio & #XDC!

#Swift + #CargoX #CXO + #edox online! #Blockchain #Interoperability #CryptoTwitter

You can read about my research into CargoX & DCSA I wrote in Nov 2022 with the @GenfinityIO LightHouse Report!

lighthouse.genfinity.io/edition-5/the-…twitter.com/i/web/status/1… ImageImage
@GenfinityIO Link to Swift Write up of my highlighted notes:

Connecting digital islands: Swift supports trade digitisation with new interoperability trials | #Swift #CXO #CargoX scrible.com/s/eztSO
@GenfinityIO Link to Swift Article with my highlighted notes:

Connecting Digital Islands:

Swift supports trade digitisation with new interoperability trials | #Swift #CXO #CargoX scrible.com/s/eztSO 📝

(Just Updated The Visual Mindmap from Nov 2022 @GenfinityIO LightHouse Article… twitter.com/i/web/status/1… Image
Read 4 tweets
Feb 19, 2023
Spread the word that Barbie has been taken over by a realm of perverts with a dark side!

6 logs 6 wheels released in 2006 = 666
66 Logging Truck with 6 grills = 666

#Barbie Creator #MarkRyden #FashionGate #Groomer
Pic4:
6-6-6 Candles
No 99 (Turn upside down) + 6 Sided Die = 666 I would not what this guy artwork influencing my children or
Hey @xDisarmYoux this grandma wants to know if you think this would count this as satanic?

Or is it just normal conceptual art that should be involved with children?

#FashionGate #SatanicCult #Hollywood
Remember Pee Wee Herman and how he was charged in Kid Porn?

Well guess who one of his best friends is!?

If you guess this guy, then you got it!

They like to travel in packs. #CancelBarbie
#FashionGate #PeeWeePervert #MarkRyden👁️
#Barbie #BAAL #BAALenciaga #Hollywood #Satanic
Read 4 tweets
Feb 18, 2023
As a investor and researcher, You need to look beyond the #hype

Even if you are invested in a project, you need to always keep digging and do not let the flashy partnerships distort your thinking.

Nothing is for sure and not everything is as it seems.
Here is an example -

Please provide a community update to prove I am wrong @WadzPay / @Anish_tweeets.

Please prove that your #IDRP stablecoin is actually being used and redeemable at banks in Indonesia.

idrp.io Partner of $WTK
wadzpay.medium.com/wadzpay-announ… Image
But let's take a look at this #IDRP website.

Using a tool that costs me 300$ a month, told me this idrp.io website only has 13 visitors a month. #WTK

With only 9 backlinks... This means it is non existent in the real world. For a token redeemable at banks?.. ImageImage
Read 19 tweets
Feb 5, 2023
If you thought #Crypto was a rabbit hole, wait till you start learning about the Digital Economy and start understanding how big this digital data revolution actually is!

Fellow Citizens, we are in the middle of the Fourth Industrial Revolution.
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#DEPA #DigitalTrade #FTA Highlighted notes on this Document - Regulating the Digital
Regulating the Digital Economy: Reflections on the Trade and Innovation Nexus - Centre for International Governance Innovation

#DigitalTrade #DigitalEconomy #Fintech #4IR #PaperlessTrade #Finance #OECD #WorldBank #WTO #Reform #Digitalization #UK #DEPA
scrible.com/s/c8sSy
Notice how the London Corporation blocks comment on this video "The Future of Digital Services Trade"

They dont want the masses of citizens learning about the future of the global system.

They want us scared & divided, But that's why I share my research
Read 4 tweets

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