Ah... Haa...!!! a little clarification about the roll out of the new financial system... It looks like there is data for two distinct systems. The one I am pointing out with the the posted data is the Central Banks trying to roll out their version,, which looks like the rephoneix.
They are rolling out something called (and get this..!!!).
"Blockchain Offered New Debt Instrument",, nicknamed "BONDI". The central banks are rolling this out through the Commonwealth Bank of Australia. Now two things of significant note in this.. First Australia is the location where the central banks have been developing their version of the block chain and is being developed as an ISO standard (they have not completed the ISO standard yet).
The second point of note is their version of the blockchain. They took the etherium blockchain code, manipulated it to try and be a controllable and centralized version called Hyperledger Fabric (this is developed by IBM), and added a tech called Cordia to it (this was developed by R3 consortium).
Keep in mind two things. First this Hyperledger blockchain looks like it is a very viable tech for tracking the shipping of goods and services. For instance when a fully loaded container ship goes from one country to another, or a fully loaded supertanker goes from one port to another all the aspects of that shipment can be tracked form start to finish. These large companies can build something that works on this global level and this serves everyone...
Second, the central banks want to stay in control and one of the key elements is their version of the blockchain has to remain centralized as well it has to run transactions through the SWIFT system,, if it doesn't do that,, the central bankers are screwed. Because they need to remain in control of the financial system for manipulation, ect. Also and even more so they have set them selves up as the 3rd trusted party for any and all transactions and business dealings..
One very interesting piece it looks like in this is China.. It looks like China has two separate financial systems. There is the Central banking version and in one of the articles in the comments states,, China wants the ISO standard for the blockchain ASAP.. Because the central bank is in free fall collapse they need not only a war of global conflict to kick their debt based system into life,, but they also need a new tech to be able to run their system on...
The other financial system in China is the one that came out of the BRICS. This looks like it is separate because it is not Debt based.. They have amassed a good amount of gold to in part back their system up with that they have apparently created form scratch. They also have made the Yuan, Gold, and Oil convertible with one another,, which goes against the central banking system directly. Also what is keeping China in check is that Russia has the alternative to the SWIFT system,, It looks like it is already blockchain integrated and is a lot more than just finances. The payment systems are already in place and working as well..
The other points to take note of.. No one knows what kind of blockchain Russia or China are using for this new financial system.
Also if you listen to the talking financial heads, even about blockchain and the bitcoin hoopla,, they are ALL still parroting the Central Banking narrative about what finances are.. NO ONE and I mean NO ONE is is talking about the narrative that China and Esp Russia uses for how finances are managed or cultivated... If there is any one thing that is going to make or break someone in this arena,, its how well do they understand the narrative that is being played out..
The reasons I think this is all a moving forward and not a rephoenix:
First: The Central Banks have screwed over everyone many times over,,, why would anyone want to continue that..
Second: The Central Banks only way of keeping their system alive is through War and Conflict. Which serves No one except the central bankers.
Third: The Central Bank system is based on nothing.
Fourth: With the new financial system the different countries are forced into a position where they have to work with one another. many countries may not like each other, but perpetual War kills everyone. look at all the peace deals that are being signed in a very short amount of time and that benefits everyone..
https://www.cnbc.com/2018/08/10/world-bank-picks-commonwealth-bank-for-worlds-first-blockchain-bond.html
This next video expands on the World Bank Blockchain Bond (basically they are trying to raise funds through this bond,, gotta wonder why the world bank is trying to raise funds in the first place).
Finally: China is wanting the ISO blockchain standard rolled out ASAP.. What is of note is China never does anything quickly, es with something of this magnitude as an ISO standard.. Wonder what is really going on...
https://cointelegraph.com/news/chinas-it-ministry-wants-a-blockchain-standard-system-as-soon-as-possible
