Episode #66: Hedera bringing banking into the metaverse, China taking over SWIFT? What about Ripple?
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In the News:
Lets talk about Hedera!
What is Hedera?
Fully open sourced public distributed ledger has smart contracts and native tokenization to build DAPPS
Alex Russman of HBAR sees the unlimited value across enterprises in training, sales, entertainment, media, marketing, finance, real estate gaming looks like the plan is to digitize everything and bring everything into a fake make believe world.
Will Hedera bring banking into the metaverse?
Look at commercials they are showing us with Headsets.
Apple coming out with 3k VR headset.
Hedera partner DBS group-the largest bank in SE Asia
Investing 730 million per year to integrate banking in virtual world
NFTs not just digital art will be your Digital ID as well
Who is in the metaverse?
Samsung, Nike, Walmart, Disney, Warner Music group,
Did you know JP Morgan was the first bank to enter into the metaverse?
Decentraland and Sandbox will grow big with all this development-think about when VR headsets and Augmented reality become BIG.
Goal of Hedera- partnered with Google WiPro, IBM others to build DAPPS with a low/no code 3D platform and its goal is to bring the biggest companies in the world into the metaverse.
Cardano 60 percent of nodes went down and the system repaired itself without human intervention. I like this. Proves to me that Cardano is decentralized.
Lets talk about Universal Digital Payment Network- China taking over the world:
https://www.scmp.com/tech/tech-trends/article/3207599/chinas-state-backed-blockchain-project-aims-be-swift-stablecoins-and-central-bank-digital-currencies
Opening banking and its centralized Components-Open banking is the latest phase of evolution in which banks are required to share their customer’s data with third-party developers. This data includes transaction history, account details, and loan repayment records.
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This content is being offered for your consideration only. Lean into the information shared here, and take what resonates. We each have our own way and we are not financial advisors. Do your own research.
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