Since January, blockchain technology company Digital Asset has issued at least eight press releases detailing its progress toward completing the Canton Network, a blockchain ledger designed to house tokenized assets. To run its Canton Network pilot programs, Digital Asset partnered with the Depository Trust and Clearing Corporation and Euroclear, two of the world’s most influential financial institutions.
These successful pilot programs indicate the imminent arrival of a global, dematerialized macroeconomic system, which could lead to the loss of remaining property rights over virtually all of our assets.
Are you ready to own nothing and be happy?
DTCC and Euroclear play critical roles in tokenization. DTCC serves as the clearing and settlement provider, standing “at the center of global trading activity” and processing trillions of dollars in securities transactions daily. Euroclear, meanwhile, is “the leading International Central Securities Depository (ICSD).” Together, these entities handle the majority of global securities transactions.
In the pilot program with DTCC, U.S. Treasuries were tokenized and used as collateral for margin calls. In the future, other tokenized assets could also serve as collateral for similar purposes and beyond. […]
— Read More: www.theblaze.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
