99% of the public still believes DLT's only use is for crypto.
If only they knew...
$QNT setting Internet standards w MIT
$CSPR brings finance contracts on DLT
$RNDR services being used by Apple
$HBAR consensus used by US Govt
$DAG engrained in US cybersecurity
$XDC in Singapore trade digitalization
$ALGO educating UNDP on DLT use
$MNW as Argentina's QC standard
$EWT backbone RMI & Shell for SAFc
$AZERO setting EU regulated markets
$XRP used by banks around the world
$XLM gives millions access to E-Money
$IOTA partner with EU & Abu Dhabi gov
$LEOX tokenizes various luxury assets
$NXRA has UK regulatory execs joining
$CHEQ countering deepfakes with vAI
$VXV built CubeSat w Oracle & NVIDIA
$WTK payment solutions all thru MENA
$TRIAS building with China state entities
When you begin to look at blockchain from the perspective of real world utility, it really makes you question how crypto is presented towards retail.
On the surface it's marketed as a get rich quick space where volatility is king,
But as you dig deeper you begin to realize that the real utility brought by DLT are towards the bottom of this endless iceberg.
I wonder how much further along we'd be if DLT was shown in the form of utility as the focus instead.
Euphoria and craze comes with every big technological innovation.
Internet, Cloud Computing, AI.
All these technologies are greatly disruptive yet also share similar commonalities with the fact that much of the early stages revolved around random ideas and creations just for the sake of partaking in innovation.
Dogecoin & Pets dot com are perfect examples.
Blockchain is no different.
And with any innovative technology, eventually the dust in the Wild West will settle...
Then we will finally have mass realization of utility.
What blockchain had always been meant for.
I share ISO related DLTs, not because I think ISO compliance will be what makes it valuable...
I share ISO related DLTs because it's the baseline to operate at industry scale & to be taken seriously by Global Elites around the world.
99% of crypto knows about ISO20022, but not many realize that ISO isn't just on financial standards.
In fact, they govern standards for EVERYTHING.
After all, their title is the "International Organization for Standardization" & they certainly live up to the name.
Car Seats
Cameras
Food Safety
USB Cords
Country Codes
Essentially whatever ISO says and standardizes is mandated by law.
In return this creates an interesting dynamic for DLT networks that are looking to bring real world solutions and comply to those underlying standards.
Essentially it gives them a head start before many of the projects that are aiming to do so by reinventing the wheel.
As we can see there is a wide array of projects that have aligned or connected their operations to ISO standards.
From $XRP $XLM $XDC $HBAR all aligned and connected with ISO20022 for the Future of Finance,
To $QNT $CHEQ conforming to the DLT standards of ISO TC 307 set by Gilbert Verdian for industry DLT use,
To $CSPR & $EWT which comply to ISO standards relevant to their specific use cases. Casper with ISO TC 68 for data exchange in finance & Energy Web with ISO 15118 for EV charging communications.
Obviously there are many other projects that also comply to ISO standards such as:
Render, IOTA, Alogrand, Constellation, Stronghold, etc.
This is how we should begin looking at ISO compliance, it's not some magical formula that'll make our coins 10000x once "the switch is flipped".
Far from it, standardization is a long drawn out process.
But certainly one with large pay-off if you're on the right side as it's the MANDATE for economic operations.
Is the "ISO narrative" currently overhyped?
Yeah probably.
But to say ISO compliance doesn't mean anything like how many crypto influencers are saying is plain ignorant.
Do you mean to tell me that compliance to operate at global industry scale means nothing?
I guess it ties back to the whole utopian maximalism belief of crypto that many still have.
The answers are right in front of us.
It's not that the Elites chose these projects.
It's just that these projects have gone through the effort to prepare for the long term to be properly utilized for industry purposed DLT innovations.🦋
95% of crypto content is 𝐏𝐎𝐑𝐍
No, not the dirty kind
But the kind that makes you chase materialistic things
-Green Candles
-Price Predictions
-Promises of 100x
-Clickbait Titles
They're feeding you DREAMS
Like always, I'll keep it real with you
$QNT won't be the ONLY interop solution, but they're building Internet standards on interopability w MIT
$CSPR isn't going to be the only upgradable network, but they're the few building w IBM & Hyperledger in that field
$RNDR won't be the only rendering solution, but the biggest media names are already looking there
$MNW isn't the only supply chain middleware, but their the only agnostic middleware complying to MLETR
$XRP isn't going to capture all of the value in the world, but they'll bridge all assets past, present & future
$NXRA won't be the DeFacto DeFi solution, but they'll have everything institutions need to leverage CeDeFi
$KAS likely won't see the level of enterprise adoption as other enterprise chains, but they'll likely see STRONG academic adoption
$TRIAS won't be the only machine trust solution, but Huawei is already using their team patents for 5G trust
$HBAR council isn't going to make all other L1s irrelevant, but Hedera Services extend to other layers
$LEOX won't be the only pNFT solution, but they're the first public one built on Overledger
$STATS isn't the only on-chain platform, but its the first to incorporate a fully community governed consensus
$DAG won't see all the data on HGTP, but they've built a military grade platform for anyone to build data focused businesses
$TAO won't have everything AI on there, but with its open network their AI will only grow exponentially faster
$IOTA won't be the sole layer for machine comms, but they'll be a multi-purposed industry utilities
$EWT isn't going to see all the energy trading on EWC, but DERs are already registered in their system
$LCX will be FAR from the only regulated exchange, but they're the first to do so under Liechtenstein TVTG
$XDC won't be the only one to close the trade finance gap, but they're already playing a large role
$ALGO won't be the only heavily academically backed L1, but they have some of the smartest academias behind them
$LINK won't be the only data oracle, but it holds a SIGNIFICANT share already
$INX won't be the only regulated security token platform, but they're MUCH further along than 99% of other STO platforms
$FIL will be one of MANY on-chain storage solutions, but they've already got connections & usage from Internet Archive, Hyperledger & Wikipedia
$AZERO will probably see other L1s embedding a L2 organically, but few will have the level of brains & connections in their team
Never forget, 0 emotions🔑
The Hub Davos 2024 looks like it'll be an exciting one!
The best parts $CSPR is running the show👻
As we see the Casper logos also the icon for the event for some reason & of course a "presented by Casper" sign!
Below I've highlighted notable speakers attending
Many of these with some direct links to the $CSPR ecosystem such as ACTUS & Skybridge Capital.
Of course we also once again see the dynamic duo of Mrinal & Medha in attendance.
What's sticks out most here is the Switzerland Head for the BIS attending.
As we know the BIS is one of the most powerful entities in the world, with multiple HQs worldwide for CBDC testing & if that wasn't enough....
Their assets are exempt of control by any government authority around the world.
And with HQs in UK, Hong Kong, New Mexico ,etc... their main base resides in Basel Switzerland.
Exactly where Morten is spearheading.
Below that we also see Shyam from IBM
If you've been in the Casper ecosystem for some time now he should be a somewhat familiar face.
Or if you're from the $HBAR ecosystem, you've likely seen him around too.
His official title is: Executive Partner, Global Practice Leader, Blockchain and Responsbile AI
Quite a mouthful but quite a strong position to be holding.
And because of this, Shyam is actively building in the DLT space with $CSPR & $HBAR being the main 2 he's been building with.
He's on the board of directors for Hedera.
Whereas with Casper we've previously seen Shyam also at Davos 2022 where he had presented the cross permission swap between Casper & Hyperledger Fabric using IBM Weaver.
Additionally we also saw Shyam speak alongside Mrinal during the recent Brave AI webinar with IBM & Gartner.
Which brings us to our next topic, the 3 different days with shifting focus points!
Day 1 will be all about responsible AI development & as we know $CSPR has already been building out some innovative tools with IBM thru Brave AI.
This was demoed in the recent Webinar where Brave AI built on Casper was able to solve the lack in provenance & serialization in current AI.
Day 2 will be focused on blockchain in action, AKA blockchain for industry utility.
$CSPR will have a wide array to discuss with this topic ranging from patent tokenization with IPwe, creating secondary markets for luxury goods thru MetaCask & a whole lot others we'll have to tune into.
Additionally we also see some ties to $XDC below with Seccurency & Euroclear. Another important area of DLT in trade finance,
Which $CSPR may even have a bit of role in the discussion with their recent Track & Trace launch.
Day 3 finishes the event off with "Reimagining Finance" & it's likely we'll hear some of the BIS innovations here.
But what I'm personally most excited for is to hear about any advancements with Nucleus Finance or ACTUS with financial contract standardization.
As we know >98% of financial contracts are already on ACTUS standards & soon Nucleus Finance too.
Casper's been getting more & more advanced with the FInTech space the past year as they had also tokenized their public equity on INX.
Davos this year seems like it'll be quite a hit
Best of all, $CSPR seems to be the star of the show!🤩
Pop Quiz Time :)
If XRP is touted as a derivatives solution and OTC derivatives are traditionally traded privately in siloed environments, how would XRP serve as a viable solution regarding derivatives swapping etc? Don't worry...there will be a space on this at some point lol.
WOW! 💥
R3 Corda developer explains how #XRP will gain a high price:
„XRP could be at $100, $100,000 or at $1,000,000.
It depends on how many assets you want to issue to the network.“
XRP WAS NOT CREATED FOR $10,000+ BY ACCIDENT! 💸
2024 will be a game changer
We keep reminiscing on the 2021 bull run, but the truth is so much has changed since then.
We saw little slow down of progress in the recent bear market
Here's a few that scream the industry has matured
$HBAR- Government adoption with Taekion
$RNDR- Apple supports Render on App Store
$QNT- BIS referencing & using Overledger tech
$XRP- Regulatory clarity from SEC lawsuit
$XDC- Govts approving licenses & using XDC
$EGLD- Government backed NFT platform
$AZERO- Deutsche Telekom backs network
$LINK- SWIFT & DTCC testing CCIP in finance
$XLM- MoneyGram non custody wallet on Stellar
$ALGO- American Red Cross wallet on Algorand
$NEAR- AliBaba supporting Near ecosystem
$IOTA- ADGM & EU PCP Phase III acceptance
$FET- Partnering with Bosch for AI foundation
$EWT- Digital ID with with Elia & OpenWallet
$SOL- Adoption of USDC transfers by Visa
$AVAX- Frank Templeton tokenized fund
Long gone are the Wild West days of blockchain where price completely determined the rate of activity and adoption happening in the industry.
We're nearing the home stretch!
The industry is clearly growing up in front of our very eyes with every bull and bear market.
🌐Heres how each of these DLT projects meet the demands to fit for "Enterprise Grade"
Enterprises want industry standards $QNT
Enterprises want adaptable utility $CSPR
Enterprises want efficiency in payments $XRP
Enterprises want reliable governance $HBAR
Enterprises want to unlock DER benefits $EWT
Enterprises want a blend of CeFi & DeFi $NXRA
Enterprises want to bridge TradeFin gap $XDC
Enterprises want top grade data security $DAG
Enterprises want varied data privacy $AZERO
Enterprises want distributed services $RNDR
Enterprises want academic brains $ALGO
Enterprises want scaled M2M comms $IOTA
Enterprises want to not fear AI growth $TAO
Enterprises want to identity standards $CHEQ
Enterprises want tokenized securities $INX
Enterprises don't want unregulated casinos & cartoon JPEGs, there isn't any reason for them to adopt the technology if thats all it brings
Fortunately these DLTs are bringing real world use cases applicable to industry purposes
The industry is backwards to where much of the focus in development is towards much more nascent activities around retail use cases
Whereas real world application continues to take a backseat overshadowed by retail hype
Eventually when the big players officially step in, everything will be flipped upside down....
Flipped to where DLT was meant to be utilized⚙️
❌You can't just disregard an ISO standard
It's like the access keys to enable you to do business in a standard format compliant to the industry
Don't want to comply?
Good luck getting any professional business to work with you
This is why I ALWAYS bring up ISO standards
ISO TC 307- Blockchain & DLT
ISO TC 68- Financial Services
ISO20022- Financial Data (By TC68)
ISO27000- Information Technology
It's not because complying to these standards will "pump our bags" or anything like that
It's simply because for a business to be working at the professional level, compliance is simply a given
When I share news & research regarding ISO standards its not meant to be looked at in the form of:
"Look guys, ISO compliance... pump incoming!"
But rather it's meant to be looked at as:
"Look guys, ISO compliance! They're building DLT utility the right way!"
The fact that many of these projects that we look at are not only complying, but even contributing to some of these standards is quite a telling tale
Regulators, policymakers, governments
They're all looking to standardization of the industry as the keys to unlock real world utility
One of the main reasons why much of the blockchain utility today is still so small in comparison to what we believe mass adoption to be like, is simply because of this one factor
Businesses tend to be risk adverse
And when there aren't any standards or regulations in place, getting too far ahead of yourself is like playing Roulette
$QNT $CSPR $XRP $XDC $XLM $IOTA $HBAR $CHEQ $RNDR $SHX $MNW
This is a short list of some of the projects that are either complying or building within these standards
Currently there are over 20,000 different ISO standards
I should clarify that you don't need to comply to EVERY ISO standard to be seen as a compliant business
In fact, there probably isn't even a company that's successfully complied to every standard
But if your project plans to be a real solution in the sector, look to which ISO standards govern that respective industry
More importantly, look at ISO TC 307 as this is the standard for blockchain & DLT.... AKA the standard for this space as a whole
While most on retail is looking for that "next big thing"
The world of businesses realizes the next big thing is in front of our very eyes
No ISO compliance won't automatically or directly pump your crypto bags, that's not the goal & people should stop looking at it that way anyways
But what it does do is ensure that your business can properly operate at scale
And what does that do in return?
Lead to growth in value & size of a business/network
And what does that mean?
Value accrual for the underlying networks that have business & tech models compliant to ISO
And with value growth comes...... (💸)
Real growth happens after the industry is standardized
Just look back at the early days of the Internet before vs after TCP/IP & all the other things that have come since
Everything "utility" you've seen out of blockchain has simply just been the pilot stages
Think of what we've seen like developments towards the embryo of the industry, when standardization takes place....
The DLT industry will officially be born🍼
IPwe isn't a normal dApp
You could see it like a potential killer application for the $CSPR ecosystem
Since their inception they've connected with some of the largest professional global corporates
In return strengthening Casper further
Let's see how connected IPwe really is
By now most of us are familiar of what Ipwe's goals are
25 million patents deployed onto Casper following the IBM method
The IBM method is a framework that was created together by CasperLabs & IBM & leverages 3 technologies
1⃣Casper Network (Public)
2⃣Hyperledger Fabric (Private)
3⃣IBM Weaver (Interoperability)
While IBM's Weaver has since combined with Hyperledger Firefly for Hyperledger Cacti, the parameters and use cases still work the same
The private proprietary data within these patents sit on the private Hyperledger Fabric,
While the open access through public markets and liquidity is accessible on Casper
Ensuring the openness of a public chain while keeping the data privacy respects of a private chain
This is the converge of Blockchain 4.0 in public & private networks we've been seeing
is a great researcher who consistently speaks on this topic growing in usage
Essentially IBM & Casper lay the foundations to enable the IPwe vision to come to life
But there's much more to IBM than that
The IBM team is made of seasoned professionals from the tech, legal & copyright space
But of all their members, 2 especially stand out
Leann Pinto is the CEO & Cofounder of IPwe, she began her career in technical and regulatory affairs along with business development
She had served at multiple firms for a combined 16 years of experience before working for the big stages
This is where Leann joined IBM as their Director & Head of Patent Licensing
Obviously the significance is shown through IPwe's work with IBM but it goes deeper...
As for 29 straight years they were the US leader in patent filed, with a peak of 10,000 in one year
Currently IBM has well over 100,00 patents worldwide & 35080 approved
While the US is IBM's main region where their patents are filed, China & Japan are also notable areas
Speaking of Japan, this takes us to IPwe's Managing Director
Satoshi Watanabe brings further knowledge in the patent space with over 20 years in the industry
Initially he began with IBM as an Engineer for Tokyo's Evaluation Lab
Eventually he was IBM's Senior IP Attorney & was even responsible for Japan Global Services regarding IPs
Satoshi had spent a total of 22 years & 10 months with IBM in Japan, needless to say quite a significant position
Coincidentally we've also recently seen IPwe extend further into Japan as of lately
In January this year, we saw IPwe put out a public statement about plans to expand to Japan
We can also see that IPwe has minted a few patents from Japan's patent office through viewing their activity on the Beyo block explorer
[Any IPwe NFT tag with "JP" at the start is Japan]
At this point IPwe's looking like an inside job from IBM
Then in early October we got quite an exciting announcement from IPwe for an update on Japan
They announced they're now directly working with Deloitte Tohmatsu for valuations of IPs
Deloitte Tohmatsu has long offered patent due diligence and valuation services in Japan
This works perfectly with IPwe's Smart Intangible Asset Management (SIAM)
Which in return helps supplement Deloitte's existing services with standardized patent valuations suitable for balance sheet reporting and eventually licensing
Deloitte is one of the largest & most successful professional services companies in the world
They're right up there with the Big 4 in PwC, KPMG & EY
The collaboration for IP valuation services from a figure of this size just goes to showcase the level of work IPwe is aiming for furthersat
But Deloitte hasn't been the only company to take notice of IPwe's unique solutions
Aside from IPwe's SIAM platform, they've also created the services of Smart Pools
In short these pools enable IPs to be shared across businesses in a consortium like manner
Currently there are 4 pools
ESG
Lidar
Digital Link
Blockchain
While the initial 3 have begun its early stages of deployment with other companies joining in, the blockchain category is more recent & being set up
The ESG pool has seen the bulk of large enterprise adoption so far
As we've seen both Maersk & Siemens join in
🏁Maersk's a multinational shipping & logistics firm
🏁Siemens' a tech automation conglomerate
These two have a combined market capitalization of well over $300 Bil🤯
They've joined the ESG smart pool as founders hosted on IPwe's SIAM platform
The aim of the ESG Smart Pool will be to offer faster and cost-efficient patent licensing of ESG technologies
The best part?
Maersk & Siemens have both contributed multiple patents of their own to accelerate the developments of IP's in the data sharing economy
Siemens = 136 patents contributed
Maersk = 129 patents contributed
And while the other smart pool groups adoption levels vary, we've seen continued demand for IPwe's innovative use case through their SIAM
In the long run I can see SIAM paired with smart pools to be one of the most disruptive solutions in the IP space
As one of the biggest issues with IP's at the moment are down to 3 main points
❌Issues around securing IP data
❌Process of evaluating patents
❌Lack of infrastructure for sharing
IPwe eliminates each of these pain points by leveraging the capabilities of blockchain
Given the sensitive and legal nature of this space, consistent upgrades are a must
And as we know, Casper's upgradable smart contracts is perfectly fit for this without having to overhaul any contracts on the application
As that could cause some PRETTY BIG headaches in the IP space if something randomly got cut off
I'm not worried for IPwe in the slightest
What we've seen is nothing but continued expansion and developments towards the vision
While the currently minting process is certainly a little slower than the retail community would like...
We have to remember the nature of enterprise grade projects, we want them to get it right the first time
Because imagine the catastrophes & exploits in value if a potential patent gets leaked or something similar goes wrong
Trust would be broken in a heartbeat💔
Beyond this we just saw IPwe's CEO Leann Pinto attend a WIPO conference to speak on the future of IPs & financial markets converging together
This is exactly what IPwe is building out
It only makes sense to see Leann bring the IPwe vision there, but as this is a WIPO invite only event... it says a lot to see Leann & IPwe's vision is recognized
The WIPO is the global forum for intellectual property policy, services, information and cooperation
They are funded and founded through the United Nations & are currently 193 member nations strong
This of course also shows IPwe's focus on compliance & regulations in an industry that strictly follows the most up to date legal practices
IPwe is laying the groundwork to make sure the future of patents is built out the right way
Given $CSPR links to IBM & their Red Hat inspiration, this fits the continuing storyline perfectly
From the IBM created team of IPwe to the use of enterprise grade blockchain for real enterprise & government services thru IPs
@IPwe_ is Regulated Utility done right✅
$XDC & $MNW are my only 2 invested bets for supply chain innovations in DLT
Do I think there'll be more that disrupt this sector?
Absolutely, there already are & other projects like $HBAR are starting to expand in this sector
But these 2 have laid the groundwork for DLT trade
While many other projects have begun tackling the supply chain in a variety of different solutions
➤Product Tracing
➤CO2 Emission Data
➤Quality Assurance
➤Invoice Efficiency
These are all within parts of the supply chain that are currently being disrupted by DLT
Of these goals, $HBAR $EWT $ALGO $IOTA have been some of the most forward in collaborating with other established institutions
But each of this is just a contribution towards the bigger picture of global trade & supply chain
It's the most fundamental way our globalized world works
It's also been our prime source of doing business worldwide ever since the invention of the boat
Without global trade, the global economy would be exponentially smaller than it is today
As every nation would have to rely on their resources within their jurisdiction without the expansion of new resources or commodities from other nations
There are a few main issues with the current state of the supply chain that enables global trade to execute
First let's get this clear, the global trade market is one of the largest markets in the world
Makes sense as our global economies reliance on it
The total valuation of global trade was estimated to be at $25 Tril in 2022 according to the WTO
For reference, this was only a $6.45 Tril market size back in 2000
This just goes to show with the expansion of globalization & increase in technologies that enhance efficiency, our global trade operations will only grow
And this is why its SO IMPORTANT to also transition our supply chain digitally with everything else
While blockchain was initially made a household term due to its position to disrupt the financial sector,
One could argue that blockchain fits the needs of supply chains even better than it does finance
Because a blockchain can solve some of the biggest bottlenecks from the industry
Lack of Visibility: Blockchains can provide a full trail of data & log everything happening in the supply chain from its manufacturing stages all the way until its exported & shipped to the buyers door
Lack of Trust: Paired alongside the lack of transparency spurs the lack of trust due to the little amounts of data that is visible
Because of this the global trade especially suffers with a large liquidity gap due to potential risks of fraudulent claims without the ability to properly verify such potential systemic risks
Costs & Slow: While blockchain can't make the supply chain zero cost, nothing really can.
What blockchain does is enable for proof & authenticity of services in the chain to be automatically verified on-chain in a digital manner.
This in return not only saves time, but also the cost of manual labour checking and verifying
It also enhances the payments part of supply chains and trade as we know blockchain & digital assets can be utilized for near instant settlements of value
Paper is also a large issue in even current trade today due to the Bills of Exchange Act in 1882
This outdated bill essentially made it so that every trade would be required to be inked in pen & paper
That is until MLETR was introduced by the UN & ICC
Created in 2017, this framework has since evolved heavily and is essentially the standard for compliance to global trade using digital documents
This has been the large majority of focus regarding blockchain in supply chain
Currently there are an average of 4 billion total paper documents circulating the supply chain at a time
This is largely because a single shipment of something as simple as bulk bananas can generate up to 200 documents throughout its shipping lifecycle
McKinsey estimated that adopting E bills of lading would enable as much as $40 billion added to global trade markets through reduced friction & lower marginal expenses
It's such a simple procedure & blockchain is the perfect solution for this
As the issue with implementing this solution with the initial rise of digital solutions was because there wasn't a way to bring tamper proof audibility to life....
Until blockchain came around
Currently $XDC $MNW $CXO are the only 3 public blockchain projects to be officially vetted by the UN & ICC as MLETR compliant
Meaning that digital trade can legally take place on these networks
$MNW- ICC & UN Paperless Trade Database
$XDC- ITFA/DNI/TFD Digital Trade Initiatives
$CXO- Shanghai X Slovenia E-Bill of Lading
While still quite early in the lifecycle of digital trade, we're seeing the big players for this transformation being established in front of our very eyes
This is arguably the industry that lets the world run
We're just starting off with digitalizing paper documents now, imagine what the supply chain will look like once theres more regulatory clarity on DLT use cases
XDC & Morpheus Network are both also indirectly transforming Singapore's trade regime already
Singapore's IMDA is their government board for information & communications
Both XDC & Morpheus Network are collaborating with the IMDA to have their platform both fit the digital supply chain standard & be interoperable with the rest of the industry
The latter solution is where $MNW comes in
As one of the largest inefficiencies in not just trade, but data overall is the silos in data
$MNW deploys a solution extremely similar to $QNT through the ability for a middleware platform that connects all of the supply chains counterparts
Product Tracing
Quality Assurance
Verification of Data
Cross Border Payments
Document Digitalization
All aggregated together onto a single middleware
This solution would arguably save supply chain managers billions in dollars along with years in time
As it cuts the costs for paper documents, cross border payments & data updates to be near zero
Though due to the fragmented supply chain, there's still another issue to address
The lack of liquidity
Or in other words there is a gap in the lack of supply in money but a surplus of demand in products to be shipped
This is bottleneck thats caused over $10 trillion in potential GDP to be locked
Playing into the risks from lack of transparency in supply chains, the lack of liquidity is largely driven by this issue
As we've mentioned blockchain fundamentally solves the trust through immutability & transparency of data
In return creating more trust to provide liquidity
But the silos of physical global borders still exist
The tokenization of assets can be the solution to enable the floodgates of global liquidity to enter the trade markets
$XDC Network has a few way of enabling this
First is through TradeTeq as a platform to directly tokenize trade finance instruments such as treasuries or even private institutional debt
The other solution is through TradeFinex which is a middleware much like $MNW, though a little smaller in scale compared to connecting the whole supply chain
As TradeFinex's goal is to be an aggregated middleware hub for all of trade finance platforms to connect to
These 2 solutions of TradeFinex & TradeTeq play hand in hand together within the $XDC ecosystem perfectly
As now trade institutions can leverage TradeTeq instruments worldwide on any trade platform they'd like through connecting with TradeFinex
The $XDC ecosystem continues to build closely with the leaders in global trade
$MNW is seeing continued interest from Fortune500 companies to accelerate the adoption & integration of their seamless middleware solution
Both are attacking global trade issues in their own respective ways
Given the overlap in Singapore IMDA's path to trade digitalization, it's a matter of time before these overlaps become collaborations
A world of digital trade connected altogether
There will be many more solutions to come out of the supply chain industry with DLT, just like $CXO (CargoX)
But I've made my choices for the next 5 years
✅Regulation
✅Digitalization
✅Tokenization
✅Standardization
The biggest names in global trade are already onboard
The first ships executing digital trade have sailed,
There's no better place to be in for global trade innovations🔥
Explaining some of our favorite crypto projects in the simplest way that a 10 year old will understand
$XRP: Payments super fast
$QNT: Connect old tech to blockchain
$HBAR: DAG governed by big companies
$LINK: Real world data bridge
$XDC: Legal digital trade apps on DLT
$CSPR: Give companies DLN customization
$XLM: Include everyone in banking
$ALGO: Blockchain built by MIT & friends
$MINA: Blockchain that keeps data secure
$EGLD: Blockchain with blockchain shards
$NEAR: Super scalable & fast blockchain
$IOTA: Free to use DAG for machines talking
$RNDR: P2P distributed cloud render network
$RSR: Counteracting inflation with assets
$DOT: The main chain connecting other chains
$WTK: Lets you pay in any type of currency
$NXRA: Every part of DeFi in 1 regulated app
$MNW: Connect supply chain to blockchain
$KAS: BlockDAG maximizing network compute
$TAO: Blockchain for trustless AI growth
KISS
Keep
It
Stupid
Simple
If you aren't able to explain a projects utility/uniqueness in the simplest terms possible
It probably isn't time to invest yet
🔑As Warren Buffet once said,
"Never invest in anything you don't understand"
If blockchains such an innovative tool we should leverage the data at the foundational level
This is what $STATS is all about
The hub for ALL of on-chain data
$QNT data from multi-tech utilities
$XRP data from interbanking operations
$CSPR data from X-permission utilities
$MNW data from all parts of supply chain
$XDC data from digital trade finance
$RNDR data from top media render service
$ALGO data from pub sector built utilities
$HBAR data from global enterprise dApps
$EWT data from DER utilization in registry
$LINK data from cloud/DLT based dApps
$DAG data from all HGTP Metagraphs
$TAO data from open AI library training
$XLM data from banking the citizens
$IOTA data from machines communicating
$AZERO data from Liminal multi chain SCs
$FIL data from entities utilizing DLT storage
$VXV data from bioscience relations
$WTK data from multiple payment types
$TRIAS data from multi-layer tech security
$KAS data from all participants in GHOSTDAG
What we're doing with $STATS isn't connecting blockchain utilities together
We're connecting the data from the utilities on these networks
The Web3 aspect comes in through our decentralized voting mechanism
We want YOU to choose how we progress
✅Vote for which DLT gets added next
✅Vote for specific tools to integrate
The ecosystems below are simply an example of the data integrations into $STATS
It's only made possible by strength in the community
The reason I decided to build out ChainStats since Day 1 is because of the agnostic and unique approach to DLT utility
❌It's not gonna be the next hottest L1
❌Nor will it be the interoperability chain
❌It won't even be blockchain dApp
It'll encompass all of those yet be none of those
It won't be the Network of Networks
It'll be the Data Hub for Data🤖
Industry purposed utility isn't trading crypto coins or flipping NFTs
It's examples like these:
Multi-layer CBDC- BIS X $QNT
Hybrid DLT IPs- IPwe X $CSPR
Govt stablecoins- Palau X $XRP
Vision Pro- Apple X $RNDR
QC standards- SENASA X $MNW
APAC REC markets- PTT X $EWT
DLT health records- SAFE X $HBAR
On-chain payment dApp- IBM X $XLM
Banking/insurance- Italy X $ALGO
DON for marketing data- Google X $LINK
EU DLT healthcare- SECANT X $IOTA
Japan digital trading- SBI X $XDC
Securing largest ERP- Shopen X $TRIAS
On-chain corp data- Crunchbase X $NXRA
Foot traffic marketplace- 4Square X $DAG
Protein/cell relation mapping- ICL X $VXV
Ownership in Consensys- JPM X $ETH
Multi-media Web3 tools- Disney X $MATIC
E-Money for MENA dApps- Geidea X $WTK
China food safe check- Walmart X $VET
Automotive comms- SAP X $BLXM
Again these are just a list of examples of real industry innovations that actually matters
There's a lot more & this is what you should be looking at
Do you really think 2 crypto projects partnering together for "new DeFi solutions" is really going to add much marginal value to the economy?
It's shifts like these that will be used by businesses to bring new products/services to consumers like these
Don't buy into the hype of a future driven by crypto
The future is driven by ALL the technologies we have connected together
There's no regulatory guideline yet
But the ones setting regulations are already building silently in DLT
Find those laying the groundwork early
(SSBs explained below)
$QNT w ISO/IETF standards/Used by BIS
$CSPR w ACTUS/WEF Global Innovators
$XDC in ITFA TFD/DNI/DSI Initiatives
$XRP ISO20022 RMG & IMF Advisory
$XLM CBDC platforms in Ukraine & Brazil
$IOTA OMG standards & EU DLT inegration
$NXRA EU MiCA/W3C member for D-IDs
$MNW has trade standards w ISCEA/UN/ICC
$EWT close links to White House/WEF/RMI
$RNDR JS Founder/Jules/Jens WEF links
$HBAR Gov Council connects > 90% of SSBs
$LCX Liechtenstein TVTG framework/licenses
$FIL by Hyperledger/Accenture/GBBC execs
$TRIAS R&D experts from China Aerospace
$ROSE work w Cambridge, Oxford, Berkeley
$VXV from LBNL w Mina Bissell & CERN
$DAG NIST & DISA validation w US DoD
$ALGO ACE academia program & Silvio's CV
$INX green light for STOs by SEC/SICPA
$LINK SWIFT collab & WEF oracle standard
$WTK mention by Nasdaq & MENA entities
Here is a quick summary of some of these SSBs
Not all of them were mentioned here but EVERY one of these have begun building in DLT
ISO- Global organization for industry standards
WEF- NGO & lobbying from world leaders
UN- Inter-govt org for global cooperation
ICC- Top business org, over 45 mil members
IETF- Officialize internet standards like TCP/IP
BIS- Central Bank of Central Banks, 63 banks
OMG- Industry standards for enterprise use
INATBA- Pub/Priv org advising DLT regulations
OECD- Global org for global trade & economics
ITU- UN org for telecomm/technical standards
ACTUS- Standard group for financial data use
Hyperledger- Top DLT consortium by Linux
MOBI- DLT mobility standards for auto vehicles
ITFA- Global org w industry giants of global trade
NIST- National industry standard body for USA
DISA- Agency for US defense communications
EU Comm- Economic/Legal body of Europe
BRI- DLT think tank founded by Don Tapscott
FISCO- The Hyperledger equivalent of China
It's also important to understand that just because these DLT networks comply & work with these SSBs
Success is absolutely NOT guaranteed
In fact compliance is the bare MINIMUM to build regulated tools that'll be adopted
You also need to have a viable solution, which many of these networks have already proved
Utility under compliance is the answer✅
🧵
Tokenization
SWIFT estimates volumes of tokenized assets could reach $24 trillion by 2027
BCG estimates by 2030 the tokenization of global illiquid assets could reach $16 Trillion to as high as $68 Trillion
The tokenized market is estimated to be 10% of Global GDP by 2030
HISTORY:
In 1944, the Bretton Woods system was created, which fixed the value of various currencies to the U.S. dollar. It was convertible to gold at a fixed rate to bring stability after the Great Depression and World War II.
After that,
In 1973, a new system based on freely floating fiat currencies replaced the Bretton Woods system for other global currencies.
In August,
We will learn about BRICS, discussing the feasibility of introducing a common currency.
They have been discussing backing this common currency with gold and other commodities, which could potentially shield them from sanctions from the West.
On average international monetary systems last about 35 to 40 years before you have a reset.
The current system is in year 51.
Global debt currently stands at $305 trillion, and total debt in emerging markets hit a new record high of more than $100 trillion, around 250% of GDP.
We are living in very transformational times.