Thread by @JJeremiahCrypto

$WTK 🤝 $ALGO

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

Whats special about $ALGO #ALGORAND ?

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.

Why is $ALGO better than #Amazon ?

- $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.

PS there is some speculation here so be polite! 🥲

Enjoy!

@Alvin91164645 @HariSrinath

@Rajesh99977052

@UtilityTheory