FinX tap into the QFS via Stellar
Gesara.news » News » FinX tap into the QFS via Stellar
News Date: August 26, 2021
Have you Heard about the FinX token in the stellar network, a new token implemented in the new quantum system that we are moving to?
FinX was started as an initiative to support the integration of retail users into the Quantum Financial System.
FinX is a decentralized network based on sovereignty and commerce. Its goal is to provide a platform optimized for the upcoming Quantum Financial System and enterprise-ready tokens to be used in the new generation of Blockchain.
Their goal is to tap into the QFS (Quantum Financial System), the new global network for the transfer of asset-backed funds, and replaces the centrally controlled outdated SWIFT Systems.
FinX assets are created within the Stellar.
Sources: finx.org
IMF Debt forgiveness for 25 poorest countries
IMF Executive Board approved immediate debt service relief to 25 of the IMF's member countries under the IMF's revamped Catastrophe Containment and Relief Trust (CCRT) as part of the Fund's response to help address the impact of the COVID-19 pandemic.Source:imf.org
The Quantum Revolution
How Quantum Computing Will Transform Life:Quantum computing remains a nascent technology, but its potential is already being felt across many sectors.
From healthcare to finance to artificial intelligence, we look at the industries poised to be reshaped by quantum computers.
Quantum computers could help improve by parsing through data more quickly, running better forecasting models, and more accurate weighing conflicting possibilities.
They could also help solve complex optimization problems related to tasks like portfolio risk optimization and fraud detection.
Sources: www.cbinsights.com
Dollar standard rejected in the era of gold
Peter Schiff said he thinks we are about to see a gold bull market rivaling the 1970s because the world is going to reject the dollar standard and go back to a gold standard.Ray Dalio:Within the next five years you could see a situation in which foreigners who have been lending money to the United States wont want to, and the dollar would not be as readily accepted for making purchases in the world as it is now.
Sources:twitter.com, www.zerohedge.com
The FEDs independence Days Are Numbered
Sometime back in March, the Federal Reserve began quarantining cash bills arriving from Asia. The move was meant to protect Americans from the coronavirus, but it was not entirely necessary. Cash usage was already at an all-time low.The Fed is going to buy stocks. I do not know precisely when , but it will happen, and probably soon. It does not want to buy stocks but knows it is too dangerous to rule out. Since financial markets are like teenagers - continually testing boundaries - expect the Fed to keep getting pressed on this issue.
Sources:www.forbes.com, www.barrons.com
SpaceX Developing Military Version Of Starlink Satellites
Elon Musk's SpaceX is expanding its Starlink satellite technology into military applications with a new business line called Starshield."While Starlink is designed for consumer and commercial use, Starshield is designed for government use," the company wrote on its website.
SpaceX's ongoing work with the Department of Defense and other partners demonstrates our ability to provide in-space and on-ground capability at scale.
Sources: theepochtimes