Congress letter to encourage the Treasury to utilize blockchain and DLT

Gesara.news » News » Congress letter to encourage the Treasury to utilize blockchain and DLT

Share via:

News Date: May 5, 2020

Eleven members of Congress are calling on the U.S. Treasury Department to look at new technologies, including blockchain and distributed ledger technology (DLT), to help streamline how cash and supplies are distributed under a federal law trying to boost the economy during the COVID-19 crisis.
Source:coindesk.com

ISO20022, QFS, Crypto brand new tutorial

ISO20022? is a worldwide industry standard that has been bought in to regulate the interchange of electronic data between financial institutions.
It improves the compatibility across technology platforms and this isn't just with the high street bank or your country's bank, this includes digital/cryptocurrencies as well.
ISO networks: XRP/Flare Network, XDC/XinFin Network, XLM Stellar Network.
QFS is not cryptocurrency - it is 'asset-backed' digital currency.
Full tutorial: drive.google.com

Vatican entities to move all funds to Vatican ASAP

Pope Francis instructs Vatican entities to move all funds to the Vatican bank by September 30.
Pope Francis has ordered that the Holy See and connected entities move all financial assets to the Institute for Works of Religion (IOR), commonly known as the Vatican bank.
The subject of the transfer are the institutions connected with the Holy See that are holders of financial assets and liquidity, in whatever form they are held.
Source: catholicnewsagency.com

Zimbabwe to issue more gold coins

Zimbabwe hails gold coin success and wants to issue more.
Gold coins used as currency in Zimbabwe will soon be available in smaller denominations, the central bank says.
Those higher-value gold coins are available to buy at approved banks and are tradeable locally.
Sources: bbc.com

SpaceX launched another 49 Starlink satellites

It's been a busy January! No better way to start the New Year.
SpaceX launched another batch of 49 Starlink satellites to orbit aboard a flight-proven Falcon 9 rocket from Launch Complex 39A at Kennedy Space Center (KSC).
This was the third mission for SpaceX in 2022, as the company had already launched the Starlink Group 4-5 and Transporter-3 missions this month.
In addition, this mission marked a quick turnaround for LC-39A, as Starlink Group 4-5 also launched from the same pad on January 6.
Source: SpaceForceDoD

Fed policies will be rocket fuel for gold and silver

Fed policies that are coming soon on inflation, and interest rate suppression will be rocket fuel for gold and silver. And gold and silver are just getting started. If Bitcoin is $10,000 per unit, why cannot gold be $5,000, $10,000 or $15,000 per ounce? With the amount of dollars out there, it could easily be $5,000 or $8,000 per ounce, and that is where it is headed. The bond market will eventually collapse, but the biggest collapse coming is the faith in all fiat currencies.
Sources:usawatchdog.com