Incase you've been asleep, these projects are coordinated from BIS innovation hubs, #BISIH.
Nexus uses #APIGateways to achieve these connections.
$Qnt.
Connecting DOMESTIC instant payments systems to allow for cross jurisdictional interoperability.
This is the coexistence and complimentary entry for blockchain/DLT & Legacy/ existing infrastructure.
$Qnt.
#ISO20022 and its #richdata that is requested by financial industry to scale up all these technologies into existing infrastructure to support enhanced resilience and capabilities, scalability for future "#web3" adoption.
If you've been in #Crypto for a while, maybe popularly since 2017.
Have you yet realised it's not about anything individual, but how it's a network of networks and how that will scale infinitely with the addition of each participant, aka a #gateway. $Qnt
This is nothing dissimilar to how the internet was born, with its physical under sea cables and routers.
You can use the internet for any creative or informative purpose you wish, without caring how that data delivers your outcome.
So you need to stop screaming "centralised", and realise that it's the enablement of a Centralised - Decentralised network of networks.
The value within this is infinite, and it brings change to everything you know.
Ripple is testing a way for developers to deploy smart contracts made for the larger and more popular Ethereum on its XRP Ledger (XRPL) blockchain with little effort.
$Qnt $Btc $Eth $Xrp
“Our goal in 2023 is to have an EVM sidechain connected to the XRPL mainnet,” Ripple CTO David Schwartz told CoinDesk. “The bridge in the final solution will be decentralized and all components of the solution will be production ready to handle real world scale and use cases."
Not only is the total addressable market so large, but with enabling a user to control their own data it gives them access horizontally and vertically between all types of use cases.
The 100s of services you've signed up for in a lifetime where you control nothing.
$Cheq
It is a necessity to pivot from this to enable revocation of your credentials, and reduce the risks that are traditional data bases, or honey pots for fraud.
We see this more and more!
It's not only SSI though, the technology behind it expands much further.
We’re a co-editor of the Verifiable Credential spec at the @w3c, which was approved as an official recommendation in 2019 .. also a co-author and co-editor of the Decentralized Identifier spec .. a co-chair of W3C’s DID and VC WGs