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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Financial System), the new global network for the transfer of asset-backed funds, and replaces the centrally controlled outdated SWIFT Systems.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

Egypt to trade in local currencies with BRICS

Egypt will abandon the US dollar, establishing trade with BRICS countries in local currencies. Egypt has announced that they are ditching the US dollar in their trade with China, Russia, and India.
"Nothing of the sort has been implemented but there are discussions so that we can trade in local currencies of countries like India, Russia or China," Egyptian Supply Minister Ali Moselhy told Reuters.
Last year, Egypt formally applied to join BRICS and the SCO.

Ghana plans to buy oil with gold rather than dollars

Ghana working on a plan to buy oil with gold rather than the dollar.
Ghana's government is working on a new policy regime where gold will be used to buy oil products rather than U.S. dollar reserves, Vice-President Mahamudu Bawumia said on Facebook on Thursday.
Sources: reuters.com

RippleNet Listed as Direct Alternative to SWIFT

RippleNet Listed as Direct Alternative to SWIFT by Arab Monetary Fund Group.
Arab Regional Fintech Group report, "Central Bank Digital Currencies: A Practical Guide for Arab Central Banks."
Mentions Ripple as an alternative system in two places.
The paper also specifically named Ripple XRP as a unique cryptocurrency insofar as it was one of the first "designed primarily for payments," in contrast to most crypto assets which were labeled as "speculative" stores of value.
Including a direct link to Ripple's "Future of CBDC" report, the advisory paper clearly sees Ripple as having a serious role to play in the future blockchain-based, global financial infrastructure.
Source: www.amf.org.ae

Ripple partner Nium takes on SWIFT

The new solution, which leverages Ripple's blockchain network Ripplenet, claims to lower settlement costs for Financial Institutions by up to 90% for international brokerage account transactions when compared to transactions settled via the SWIFT International Payments Network.
XRP powers NIUM's alternative to swift.
Nium has pointed to three major benefits of its global payments network and new brokerage solution: cost savings of up to 90%, improved customer satisfaction, and increased demand for new partnerships.
Source: financefeeds.com

NESARA is Happening

We are proud to announce the formation of Restore the Republic PAC (Political Action Committee), which will be dedicated to supporting candidates who will fight vigorously for our Constitutional rights, freedom of speech, and the sacred right of free and fair elections, said Restore the Republic PAC Founder Sidney Powell.
NESARA section 6: Returns Constitutional Law - the formation of Restore the Republic PAC.
Section 8: Establishes new elections. The interim government will cancel all National Emergencies and return us back to constitutional law. - The Military.
Section 9: Monitors elections - Quantum Voting System (QVS).
Game Over! Thanks for watching Castle Rock!
Sources: restoretherepublicpac.com

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