I want to explain how massive this partnership is, and in some ways, why $WTK partnering with $ALGO is bigger than with #Amazon
CBDC ➡️ Central Bank Digital Currencies
First let's talk about $WTK 🛒
- Interoperable and agnostic blockchain based payment system
- Provides infrastructure for CBDCs, stable coins, and cryptocurrencies
- Executives have experience with SWIFT, MasterCard, Ripple, Visa, Fidelity, etc.
Now $ALGO
- ISO20022 complaint
- 500+ partnerships
- Carbon Negative
- True proof of stake
- 25M accounts
- 1.5M transactions a day
- No forks
- TPS is expanding to a possible 40,000 TPS
They have stated to be working with 16 CENTRAL BANKS with creating, inovating, and scaling CBDCs.
They also have experience working with El Salvador, by adding government documents to the blockchain.
Now we need to talk about Atlytica, the smart engine behind $WTK
- Converts between CBDC, stablecoins, and cryptocurrencies
- Online or Offline wallet
How does $WTK and $ALGO help eachother?
- $WTK is already working with CBDCs from China, India, and Africa
- $ALGO and $WTK were bound to clash, but why compete when you can build eachother up
- $ALGO benefits from the power of Atlytica and $WTK can use algorands connections.
- $ALGO just partnered with FIFA which generates Billions every year. This isn't including the advertisements $ALGO or $WTZ could get (remember what happened in New york)
- Crypto is too new for #Amazon and money wouldn't flow right away.
CONCLUSION:
- FIFA brings 200+ countries together which brings a bag full of currencies. $WTK solves this.
- $ALGO + $WTK will concour the CBDC delima across the world.
- $ALGO can be used offline and $WTK doesn't require banks, which will help poverty-stricken countries.
- ISO20022
- WEF has mention $XRP as a payment coin
- Spoke at Davos
- Recognized by IBF
- IMF advisory board
- Visited SEC frequently
- Working with 300+ financial institutions from 55 countries
- Banks utilize Ripple including CIMB, Bank of America, SEB, and MANY more!
- Layer 0 (the WHOLE network infrastructure)
- Interopable with ALL chains
- Feeless
- Near infinite TPS
- Hypergraph technology
- Partnered with US GOV and DOD
- New Hgtp://>http://
- Highly secure (1000+ nodes)
- Value (bits/second)
- AWS
- $QNT 🤝
- DApps
The first ever fully regulated, trade finance-backed fungible security token, that gives access to the trade finance market to both retail and institutional investors
Building on $XDC network for the speed, security, scalability, and low gas fees
- Built as XRC20
- TradeTeq 🤝 WEF
- Fungible Token
- More Capital to Small and Medium Enterprise
- Bringing Liquidity to Trade Finance
- First Regulated Security Token
- Real World Trade 🔄 DeFi
- No secondary Market trading
- Retail can now invest in Trade Finance
@Tradeteq is the leading provider of data, technology, and software for trade finance distribution and investment, launched on the XDC network🚚🚛🚚🚛
@XinFin_Official is a Hyprid blockchain that specializes in Trade Finance 🌐
A state channel is an autonomous business that designs its own ecosystem on Constellation’s Hypergraph 🚀
Able to process arbitrary data from anything that emits data, also compatible with Legacy systems 🌐
Heres a THREAD of a few L_0 that caught my eye 💎
Why L_0 token
- Limitless horizontal scalability
- TPS grows as ecosystem expands
- State Channels can define its own consensus and business parameters
- Able to build blockchains, cryptocurrencies, dApps, NFT’s and data validation solutions on top of Constellations Hypergraph
Lattice Exchange is an AMM-based DEX that supports seamless cross-chain swaps and a multitude of DeFi applications by utilizing Constellation’s Hypergraph
Algorand is a permissionless blockchain platform that runs on a byzantine agreement protocol, which utilizes Pure Proof of Stake
This ensures full participation, protection, and speed within a truly decentralized network 🌐
Striving for the Greenest Blockchain
- ISO20022
- 500+ partnerships 🥂
- Carbon Negative ♻️
- Pure Proof of Stake
- Creating CBDCs 💸
- 1.5M transactions a day
- 5m+ NFTs
- Hasn't failed
- 7B CS
- Fully Decentralized
- Top of the line Smart Contracts
- Expanding to 40,000 TPS 🏃♂️
- Working with Governments 🏛
Algorand was founded in 2017 by @silviomicali who has been teaching at MIT for decades
- Worked close with Gary Gensler
- Turing Award
- Gödel Prize
- RSA Prize
Co-Invented
- Zero Knowledge Proofs
- Probabilistic Encryption
- Verifiable Random Functions
Cross border payment system, that uses ODL to provide quick and cheap settlements to institutions worldwide 🌐
ODL- "On demand Liquidity" Removes pre-funding of destination accounts, cut operating expenses, and unlocks capital for business
- ISO20022
- WEF has mention $XRP as a payment coin
- Spoke at Davos
- Recognized by IBF
- IMF advisory board
- Visited SEC frequently
- Working with 300+ financial institutions from 55 countries
- Banks utilize Ripple including CIMB, Bank of America, SEB, and MANY more
Let's speculate for a second
- BIS proposes the need for cross border payment system to improve speed and transparency using blockchain
Decentralized Oracle that enables smart contracts to connect to real world data using the security, speed, and scalability of the #XinFin network
Powered by nodes to ensure consistency and accurate data
- Flexibility for Node operators
- Focused on Climate change
- Insurance use case
- Air pollution tracking (IGC)
- Offers API to millions of smart contracts
Weather forecast node
- Set up a weather device anywhere
- Earn $PLI and $XDC
- Fuels @GoPlugin with accurate data
- $0.069
- 4M market cap
- 500M total supply
- ATH $0.97
- Bitrue, ProBit, Liquid