One of the best photos of 2024 so far:
Fraternity brothers are pelted by anti-Israel protesters at UNC Chapel Hill while protecting the United States flag as it is re-hoisted following its removal by protesters.
Well done, gentleman. 🫡🇺🇸
Theres now6⃣CBDC frameworks by the BIS inspired by $QNT Overledger/SATP!
Rosalind- Bank of England
Unified Ledger- BIS
Sela- Hong Kong & Israel
eKRW- Bank of Korea
eTenge- Bank of Kazakhstan
eShekel- Bank of Israel
ALL of these shared 1 thing in common.
They all utilize an API architecture model for their multi layered CBDC platforms.
This was first proved feasible at full scale with Project Rosalind where they used Quant's Overledger to enable the API calling across platforms.
Shortly after, the BIS had concluded the Unified Ledger framework, which connects tokenized money & assets onto a single shared ledger.
Once again, the connectivity is done through API communication as shown in the graph below.
Next, we saw the first ever CBDC project creation inspired off a former CBDC.
This is of course Project Sela, which takes much inspiration from Project Rosalind & would set precedent for CBDC adoption of the framework Rosalind showed.
Then with time we saw this progressively scale & even continue to grow more today!
As we now see the central banks of Korea, Israel & Kazakhstan all adopting this framework in their own respective CBDC architectures.
There is next to NOTHING in crypto of this scale.
Very few can hold a candle against the level of utility and adoption that Quant has brought to the world of enterprises & standardization.
We are watching the transition of money flow into blockchain, all thanks to Overledger.
These aren't just random showcases of Overledger/SATP, but rather these are some of the biggest players in finance, being central banks showing that they are going to be using the exact framework and standards set by Quant!
It's not just CBDCs either, but the Unified Ledger has been a model thats been gaining some traction since it's launch in June 2023.
This model ensures ease of interoperability across different financial systems and platforms.
The fact it was released just 2 weeks after Rosalind and shares distinct features such as API layers for communication says all you need to know...
Project Rosalind opened the door to what we see now as the next evolution of CBDC architecture.🚪