\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Watch the full video:<\/strong>\u00a0Hedera Governing Council Overview<\/em><\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=fdcDvqMexLk\n<\/div><\/figure>\n","post_title":"Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"ubisoft-joins-the-governing-council-of-blockchain-hedera-hashgraph","to_ping":"","pinged":"","post_modified":"2022-02-04 23:13:10","post_modified_gmt":"2022-02-04 12:13:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3376","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/www.youtube.com\/watch?v=09K3twS-c-o\n<\/div><\/figure>\n\n\n\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

ISO20022 would also enable the interoperability of Central Bank Digitial Currencies<\/a> (CBDCs) between various financial systems.<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=09K3twS-c-o\n<\/div><\/figure>\n\n\n\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

ISO standardization codes are already in use worldwide such as ISO4217<\/a>. This standard is what assigns ISO Codes to currencies used in global transactions such as USD for the US Dollar and EUR for the Euro. <\/p>\n\n\n\n

ISO20022 would also enable the interoperability of Central Bank Digitial Currencies<\/a> (CBDCs) between various financial systems.<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=09K3twS-c-o\n<\/div><\/figure>\n\n\n\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

ISO20022 is an international standard that is to be used by all financial standards initiatives,((ISO20022 - About ISO20022<\/a>)) it would facilitate a standard method to improve the process of sending and receiving messages between financial institutions such as banks.<\/p>\n\n\n\n

ISO standardization codes are already in use worldwide such as ISO4217<\/a>. This standard is what assigns ISO Codes to currencies used in global transactions such as USD for the US Dollar and EUR for the Euro. <\/p>\n\n\n\n

ISO20022 would also enable the interoperability of Central Bank Digitial Currencies<\/a> (CBDCs) between various financial systems.<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=09K3twS-c-o\n<\/div><\/figure>\n\n\n\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

What Is ISO20022?<\/h2>\n\n\n\n

ISO20022 is an international standard that is to be used by all financial standards initiatives,((ISO20022 - About ISO20022<\/a>)) it would facilitate a standard method to improve the process of sending and receiving messages between financial institutions such as banks.<\/p>\n\n\n\n

ISO standardization codes are already in use worldwide such as ISO4217<\/a>. This standard is what assigns ISO Codes to currencies used in global transactions such as USD for the US Dollar and EUR for the Euro. <\/p>\n\n\n\n

ISO20022 would also enable the interoperability of Central Bank Digitial Currencies<\/a> (CBDCs) between various financial systems.<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=09K3twS-c-o\n<\/div><\/figure>\n\n\n\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5330,"post_author":"1","post_date":"2022-05-31 21:20:50","post_date_gmt":"2022-05-31 11:20:50","post_content":"\n

What Is ISO20022?<\/h2>\n\n\n\n

ISO20022 is an international standard that is to be used by all financial standards initiatives,((ISO20022 - About ISO20022<\/a>)) it would facilitate a standard method to improve the process of sending and receiving messages between financial institutions such as banks.<\/p>\n\n\n\n

ISO standardization codes are already in use worldwide such as ISO4217<\/a>. This standard is what assigns ISO Codes to currencies used in global transactions such as USD for the US Dollar and EUR for the Euro. <\/p>\n\n\n\n

ISO20022 would also enable the interoperability of Central Bank Digitial Currencies<\/a> (CBDCs) between various financial systems.<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=09K3twS-c-o\n<\/div><\/figure>\n\n\n\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5330,"post_author":"1","post_date":"2022-05-31 21:20:50","post_date_gmt":"2022-05-31 11:20:50","post_content":"\n

What Is ISO20022?<\/h2>\n\n\n\n

ISO20022 is an international standard that is to be used by all financial standards initiatives,((ISO20022 - About ISO20022<\/a>)) it would facilitate a standard method to improve the process of sending and receiving messages between financial institutions such as banks.<\/p>\n\n\n\n

ISO standardization codes are already in use worldwide such as ISO4217<\/a>. This standard is what assigns ISO Codes to currencies used in global transactions such as USD for the US Dollar and EUR for the Euro. <\/p>\n\n\n\n

ISO20022 would also enable the interoperability of Central Bank Digitial Currencies<\/a> (CBDCs) between various financial systems.<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=09K3twS-c-o\n<\/div><\/figure>\n\n\n\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5330,"post_author":"1","post_date":"2022-05-31 21:20:50","post_date_gmt":"2022-05-31 11:20:50","post_content":"\n

What Is ISO20022?<\/h2>\n\n\n\n

ISO20022 is an international standard that is to be used by all financial standards initiatives,((ISO20022 - About ISO20022<\/a>)) it would facilitate a standard method to improve the process of sending and receiving messages between financial institutions such as banks.<\/p>\n\n\n\n

ISO standardization codes are already in use worldwide such as ISO4217<\/a>. This standard is what assigns ISO Codes to currencies used in global transactions such as USD for the US Dollar and EUR for the Euro. <\/p>\n\n\n\n

ISO20022 would also enable the interoperability of Central Bank Digitial Currencies<\/a> (CBDCs) between various financial systems.<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=09K3twS-c-o\n<\/div><\/figure>\n\n\n\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"Hedera
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5330,"post_author":"1","post_date":"2022-05-31 21:20:50","post_date_gmt":"2022-05-31 11:20:50","post_content":"\n

What Is ISO20022?<\/h2>\n\n\n\n

ISO20022 is an international standard that is to be used by all financial standards initiatives,((ISO20022 - About ISO20022<\/a>)) it would facilitate a standard method to improve the process of sending and receiving messages between financial institutions such as banks.<\/p>\n\n\n\n

ISO standardization codes are already in use worldwide such as ISO4217<\/a>. This standard is what assigns ISO Codes to currencies used in global transactions such as USD for the US Dollar and EUR for the Euro. <\/p>\n\n\n\n

ISO20022 would also enable the interoperability of Central Bank Digitial Currencies<\/a> (CBDCs) between various financial systems.<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=09K3twS-c-o\n<\/div><\/figure>\n\n\n\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n

\"Hedera
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5330,"post_author":"1","post_date":"2022-05-31 21:20:50","post_date_gmt":"2022-05-31 11:20:50","post_content":"\n

What Is ISO20022?<\/h2>\n\n\n\n

ISO20022 is an international standard that is to be used by all financial standards initiatives,((ISO20022 - About ISO20022<\/a>)) it would facilitate a standard method to improve the process of sending and receiving messages between financial institutions such as banks.<\/p>\n\n\n\n

ISO standardization codes are already in use worldwide such as ISO4217<\/a>. This standard is what assigns ISO Codes to currencies used in global transactions such as USD for the US Dollar and EUR for the Euro. <\/p>\n\n\n\n

ISO20022 would also enable the interoperability of Central Bank Digitial Currencies<\/a> (CBDCs) between various financial systems.<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=09K3twS-c-o\n<\/div><\/figure>\n\n\n\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n

The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n

\"Hedera
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5330,"post_author":"1","post_date":"2022-05-31 21:20:50","post_date_gmt":"2022-05-31 11:20:50","post_content":"\n

What Is ISO20022?<\/h2>\n\n\n\n

ISO20022 is an international standard that is to be used by all financial standards initiatives,((ISO20022 - About ISO20022<\/a>)) it would facilitate a standard method to improve the process of sending and receiving messages between financial institutions such as banks.<\/p>\n\n\n\n

ISO standardization codes are already in use worldwide such as ISO4217<\/a>. This standard is what assigns ISO Codes to currencies used in global transactions such as USD for the US Dollar and EUR for the Euro. <\/p>\n\n\n\n

ISO20022 would also enable the interoperability of Central Bank Digitial Currencies<\/a> (CBDCs) between various financial systems.<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=09K3twS-c-o\n<\/div><\/figure>\n\n\n\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n

Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n

The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n

\"Hedera
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5330,"post_author":"1","post_date":"2022-05-31 21:20:50","post_date_gmt":"2022-05-31 11:20:50","post_content":"\n

What Is ISO20022?<\/h2>\n\n\n\n

ISO20022 is an international standard that is to be used by all financial standards initiatives,((ISO20022 - About ISO20022<\/a>)) it would facilitate a standard method to improve the process of sending and receiving messages between financial institutions such as banks.<\/p>\n\n\n\n

ISO standardization codes are already in use worldwide such as ISO4217<\/a>. This standard is what assigns ISO Codes to currencies used in global transactions such as USD for the US Dollar and EUR for the Euro. <\/p>\n\n\n\n

ISO20022 would also enable the interoperability of Central Bank Digitial Currencies<\/a> (CBDCs) between various financial systems.<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=09K3twS-c-o\n<\/div><\/figure>\n\n\n\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n

See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n

Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n

The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n

\"Hedera
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5330,"post_author":"1","post_date":"2022-05-31 21:20:50","post_date_gmt":"2022-05-31 11:20:50","post_content":"\n

What Is ISO20022?<\/h2>\n\n\n\n

ISO20022 is an international standard that is to be used by all financial standards initiatives,((ISO20022 - About ISO20022<\/a>)) it would facilitate a standard method to improve the process of sending and receiving messages between financial institutions such as banks.<\/p>\n\n\n\n

ISO standardization codes are already in use worldwide such as ISO4217<\/a>. This standard is what assigns ISO Codes to currencies used in global transactions such as USD for the US Dollar and EUR for the Euro. <\/p>\n\n\n\n

ISO20022 would also enable the interoperability of Central Bank Digitial Currencies<\/a> (CBDCs) between various financial systems.<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=09K3twS-c-o\n<\/div><\/figure>\n\n\n\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n

See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n

Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n

The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n

\"Hedera
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5330,"post_author":"1","post_date":"2022-05-31 21:20:50","post_date_gmt":"2022-05-31 11:20:50","post_content":"\n

What Is ISO20022?<\/h2>\n\n\n\n

ISO20022 is an international standard that is to be used by all financial standards initiatives,((ISO20022 - About ISO20022<\/a>)) it would facilitate a standard method to improve the process of sending and receiving messages between financial institutions such as banks.<\/p>\n\n\n\n

ISO standardization codes are already in use worldwide such as ISO4217<\/a>. This standard is what assigns ISO Codes to currencies used in global transactions such as USD for the US Dollar and EUR for the Euro. <\/p>\n\n\n\n

ISO20022 would also enable the interoperability of Central Bank Digitial Currencies<\/a> (CBDCs) between various financial systems.<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=09K3twS-c-o\n<\/div><\/figure>\n\n\n\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n

It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n

See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n

Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n

The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n

\"Hedera
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5330,"post_author":"1","post_date":"2022-05-31 21:20:50","post_date_gmt":"2022-05-31 11:20:50","post_content":"\n

What Is ISO20022?<\/h2>\n\n\n\n

ISO20022 is an international standard that is to be used by all financial standards initiatives,((ISO20022 - About ISO20022<\/a>)) it would facilitate a standard method to improve the process of sending and receiving messages between financial institutions such as banks.<\/p>\n\n\n\n

ISO standardization codes are already in use worldwide such as ISO4217<\/a>. This standard is what assigns ISO Codes to currencies used in global transactions such as USD for the US Dollar and EUR for the Euro. <\/p>\n\n\n\n

ISO20022 would also enable the interoperability of Central Bank Digitial Currencies<\/a> (CBDCs) between various financial systems.<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=09K3twS-c-o\n<\/div><\/figure>\n\n\n\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The cryptocurrency market saw modestly higher prices this trading week, despite warnings from analysts that the market could fall further, pressured by fears that the collapse of the FTX could drag other exchanges into the mud. One of the reasons behind this rise is that Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes.<\/p>\n\n\n\n

Investors' confidence is rising due to their belief that the U.S. central bank could roll out smaller-sized interest rate hikes, and according to estimates, the next interest hike should not be above 50 basis points. The next Federal Reserve meeting is scheduled for December 13, and in the days ahead, investors will continue to observe every piece of data that could influence the Federal Reserve decision.<\/p>\n\n\n\n

It is important to mention that Chicago Fed President Charles Evans, who was \"hawkish\" at several latest Fed meetings, also said that the pace of increases is likely to slow. This is undoubtedly positive news for cryptocurrencies, and if this really happens, we could see many cryptocurrencies at higher price levels.<\/p>\n\n\n\n

Another positive news came from Morgan Stanley CEO James Gorman, who said<\/a> that he is convinced that cryptocurrencies are here to stay. Many investors continue to buy cryptocurrencies at their current lows as long-term investments because they believe in their future and potential. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n\n\n\n

See Related: <\/em><\/strong>ISO20022 And Its Compliant Cryptocurrencies<\/a><\/p>\n\n\n\n

Hedera Hashgraph (HBAR) Technical Analysis<\/h2>\n\n\n\n

The price of Hedera (HBAR) has advanced from $0.042 to $0.050 since November 09, and the current price<\/a> stands at $0.0488.<\/p>\n\n\n\n

\"Hedera
Source: The Distributed<\/figcaption><\/figure>\n\n\n\n

According to technical analysis, Hedera (HBAR) still remains in a bear market, but if the price advances above $0.060, the next target could be $0.070. The current support level stands at $0.040, and a break below this level would indicate that we could see HBAR at $0.035 or even below.<\/p>\n\n\n\n

Conclusion<\/h2>\n\n\n\n

The cryptocurrency market saw modestly higher prices this trading week as the Federal Reserve Chair Jerome Powell said that the U.S. central bank might slow the pace of interest rate hikes. Hedera (HBAR) is also showing some positive momentum in the short term, and the price of this cryptocurrency has recovered from its 2022 lows reached on November 09.<\/p>\n","post_title":"Hedera Hashgraph Price Prediction After Modest Recovery - HBAR Technical Analysis","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"hedera-hashgraph-price-prediction-after-modest-recovery-hbar-technical-analysis","to_ping":"","pinged":"","post_modified":"2023-04-10 18:12:29","post_modified_gmt":"2023-04-10 08:12:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8656","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5330,"post_author":"1","post_date":"2022-05-31 21:20:50","post_date_gmt":"2022-05-31 11:20:50","post_content":"\n

What Is ISO20022?<\/h2>\n\n\n\n

ISO20022 is an international standard that is to be used by all financial standards initiatives,((ISO20022 - About ISO20022<\/a>)) it would facilitate a standard method to improve the process of sending and receiving messages between financial institutions such as banks.<\/p>\n\n\n\n

ISO standardization codes are already in use worldwide such as ISO4217<\/a>. This standard is what assigns ISO Codes to currencies used in global transactions such as USD for the US Dollar and EUR for the Euro. <\/p>\n\n\n\n

ISO20022 would also enable the interoperability of Central Bank Digitial Currencies<\/a> (CBDCs) between various financial systems.<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=09K3twS-c-o\n<\/div><\/figure>\n\n\n\n

What Comprises The ISO20022 Standard?<\/h2>\n\n\n\n

Anything wishing to use the standard would have to comply with the SWIFT communication requirements. This includes sharing customers' data from the database with the financial institutions. This is for security and regulation reasons that are needed for a centralized entity like a bank.<\/p>\n\n\n\n

So as transparency is increased within the use of the standard, fraud is litigated as data is far more structured allowing for potential harmful patterns to be spotted with ease.<\/p>\n\n\n\n

Support Of ISO20022<\/h2>\n\n\n\n

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has supported the standard<\/a> since 2018 and has been migrating its members to the standard. Their members include HSBC, Bank of America, and Citibank.<\/p>\n\n\n\n

Alongside SWIFT, The Federal Reserve Board stated that by 2023,\u00a0Federal Reserve Banks will adopt the standard<\/a> to be used within the Fedwire\u00ae<\/sup>\u00a0Funds Service, which is a real-time gross settlement system owned and operated by the Federal Reserve Banks.((Federal Reserve - Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire Funds Service<\/a>))<\/p>\n\n\n\n

The World Economic Forum (WEF) makes mentions in a report titled Connecting Digital Economies<\/a> that \"Adopting the same standard [ISO20022] as other payment systems reduces the costs associated with integrating with the other systems.\"((World Economic Forum - Connecting Digital Economies: Policy Recommendations For Cross-Border Payments<\/a>, Page 18))<\/p>\n\n\n\n

What Are The ISO20022 Compliant Cryptocurrencies?<\/h2>\n\n\n\n

It is very important to understand that the standard is not built for blockchain and cryptocurrencies<\/a>, although they are a part of it. It simply allows the projects that meet the standards the ability to operate within the field with financial institutions.<\/p>\n\n\n\n

If a cryptocurrency were to be used by a financial institution then it is easy to do so, just use the ISO Standardization Code associated with the currency. Just because a cryptocurrency is compliant, it doesn't mean that it will be used, this is a common misunderstanding that is very important to note.<\/p>\n\n\n\n

Moreover, the common factor between all of the compliant cryptocurrencies is that they all aim to streamline international transfers and cross-border payments, which is the whole premise behind ISO20022.<\/p>\n\n\n\n

Cryptocurrency<\/th>ISO Code<\/th>Status<\/th><\/tr><\/thead>
Ripple<\/td>$XRP<\/a><\/td>ISO20022 Standard Body((Ripple - ISO20022 Overview<\/a>))<\/td><\/tr>
Stellar Lumens<\/td>$XLM<\/a><\/td>ISO20022 Standard Body<\/td><\/tr>
Algorand<\/td>$ALGO<\/a><\/td>Compliant<\/td><\/tr>
IOTA<\/td>$MIOTA<\/a><\/td>Compliant<\/td><\/tr>
XDC Network<\/td>$XDC<\/a><\/td>Compliant<\/td><\/tr>
Quant<\/td>$QNT<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Hedera Hashgraph<\/td>$HBAR<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Cardano<\/td>$ADA<\/a><\/td>Compliance Is Rumoured<\/td><\/tr>
Chainlink<\/td>$LINK<\/a><\/td>Compliance Is Rumoured((Chainlink Today - At SWIFT\u2019s Smarter Securities, Chainlink Co-Founder Sergey Nazarov Discussed How Institutions Can Prepare To Interface With Many Different Blockchains<\/a>))<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Notice that Ripple and Stellar have an X in front of their ISO Code. 'X' denotes that there is no country affiliated with the asset. In Ripple's case, ''RP' stands for Ripple, same with 'LM' for Stellar Lumens.<\/p>\n","post_title":"ISO20022 And Its Compliant Cryptocurrencies","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"iso20022-compliant-cryptocurrencies","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/","post_modified":"2022-08-24 22:18:53","post_modified_gmt":"2022-08-24 12:18:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5330","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3376,"post_author":"1","post_date":"2022-02-04 23:13:07","post_date_gmt":"2022-02-04 12:13:07","post_content":"\n

HBAR Foundation<\/a> announced today that games publisher, Ubisoft<\/a>, has become a part of their governing council for the public DLT (Distributed Ledger Technology). <\/p>\n\n\n\n

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz<\/a> and Digits drive has been predominantly negative.<\/p>\n\n\n\n

\u201cAt Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,\u201d <\/em><\/strong><\/p>

\u201cThe Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.\u201d <\/em><\/strong><\/p>Didier Genevois - Blockchain Technical Director at the Ubisoft<\/cite><\/blockquote>\n\n\n\n

There are two main blockchain avenues for gaming: NFTs and\u00a0play-to-earn<\/a>, where the gameplay is designed to reward game players financially with tokens. So far, they\u2019ve done NFTs. Ubisoft envisages a different approach for play-to-earn.<\/p>\n\n\n\n

\u201cIt truly needs to be built from scratch because it\u2019s a very different way to think about the game economy and the monetisation.\u201d<\/em><\/strong><\/p>Nicolas Pouard, Ubisoft<\/cite><\/blockquote>\n\n\n\n

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