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Fed testing FooWire blockchain with Hyperledger

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News Date: August 15, 2020

Federal Reserve detailed FooWire distributed ledger experiment designed to test whether the technology is suited for payments application.
The team built the system using Hyperledger Fabric, a popular DLT platform, because it generally met the team's design requirements of a closed network, mature technology, and enterprise readiness. The experiment highlighted the potential of DLT for certain payment uses, the quick speed with which a system could be implemented, the potential simplicity of smart contracts, and the range of functionality offered by such platforms. It further highlighted the need for more experimentation to better understand the possibilities for wide-scale adoption and use of any DLT platform for payments.
Source:www.federalreserve.gov

Trump: We will end the radicalism in Washington DC

Donald Trump Perry, Georgia Rally Speech September 25:
With all of you in Georgia and conservative patriots all across the nation, we will end their reign of radicalism in Washington DC forever.
With a Republican Congress, we will fight for more jobs for Georgia families, fair trade for Georgia workers, and more Georgia factories forging more products stamped with that beautiful phrase Made in the USA.
You do not hear that too much. And you know, they are starting to say very strongly Merry Christmas.
Remember when I first ran, I said, you are going to say Merry Christmas.
They are all saying Merry Christmas again.
Full Rally Speech Transcript: www.rev.com

FED will adopt ISO 20022 message format

Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service and invites public comment on proposal to expedite adoption.
The Federal Reserve Board on Monday announced that the Federal Reserve Banks will adopt the ISO 20022 message format for the Fedwire Funds Service.
The change will allow for enhanced efficiency of both domestic and cross-border payments, and a richer set of payment data that may help banks and other entities comply with sanctions and anti-money laundering requirements.
Sources: www.federalreserve.gov

Joint Declaration of Support for Democratic Change in Venezuela

A swift and peaceful transition to democracy is the most effective and sustainable route to stability, recovery and prosperity in Venezuela. We remain committed to helping the Venezuelan people achieve a peaceful, prosperous and democratic future.
Source:www.state.gov

President Pro Tempore Emeritus Grassley

Senator Grassley gave a powerful speech at the Trump Rally!
High profile Senator Grassley rarely speaks at a Trump Rally, but he did it!
Chuck Grassley is a former president pro tempore and current president pro tempore emeritus.
The president pro tempore of the United States Senate is the second-highest-ranking official of the United States Senate.
Reports that 6 buses were escorted by police and Secret Service from DC.
Think of place holder, A possible scenario: Removal of current admin by Military will leave Grassley to assume the presidency. He would technically be next in line.
The transition may be happening! Did Trump introduce the interim president of the United States of America?
Actor Jon Voight decried forces of evil in America, urged Americans to watch the Trump Iowa rally.
Sources: en.wikipedia.org, rsbnetwork.com

Trump announces historic deal between Serbia and Kosovo

Serbia and Kosovo have agreed to normalize economic relations, following U.S.-brokered talks that include Serbia moving its Israeli embassy to Jerusalem and Kosovo formally recognizing Israel.
U.S. President Donald Trump made the announcement Friday, after meeting with Kosovo Prime Minister Avdullah Hoti and Serbian President Aleksandar Vucic in the Oval Office earlier in the day.
Sources:twitter.com/WhiteHouse, www.voanews.com

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