Will Altcoins revolutionize the financial sector? ISO 20022 is shaping up to be the catalyst that changes the way financial institutions communicate, and there are 5 altcoins leading the charge. In today’s video, I break down exactly what ISO 20022 is, what this means for the world of finance, and what coins are involved that could see monumental gains.

The days of waiting around for a bank wire to go through are over. While there are a number of systems that banks use to communicate with other banks, they are slow and don’t always work well with each other. The Crypto space is set to change all of that with these altcoins.

What We Discuss:
0:00 Intro
0:42 ISO and SWIFT
1:55 What is ISO 20022
4:07 Concerns
5:36 XRP
6:16 XLM
6:42 XDC
6:58 IOTA
7:10 Algorand

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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.

Sources:
https://www.swift.com/standards
https://www.swift.com/standards/iso-20022/iso-20022-programme/timeline
https://www.swift.com/sites/default/files/styles/width_1200/public/images/SWIFT_ISO_20022_Timeline.png?itok=z2cQGH8l
https://images.surferseo.art/9ea19f61-d580-469d-a7cb-6a4c39d0c330.png
https://images.surferseo.art/6066fb2b-ec85-403c-9953-3bd1d0320a95.png
https://www.marketscreener.com/news/latest/Federal-Reserve-Board-announces-the-Reserve-Banks-will-adopt-a-new-message-format-for-the-Fedwire-F–36597722/
https://images.surferseo.art/82329acb-85c3-444d-804f-34d363bf24dd.png
https://www.ir.com/guides/what-is-iso-20022#:~:text=Over%2070%20countries%20have%20already,could%20not%20previously%20work%20together.
https://images.surferseo.art/a7de40a4-4fb4-4bed-b965-9c3358bda699.png
https://www.youtube.com/shorts/hNaCIqx73P0
https://finance.yahoo.com/news/iso-20022-cryptos-5-compliant-194204661.html
https://www.coindesk.com/markets/2019/03/18/ibm-signs-6-banks-to-issue-stablecoins-and-use-stellars-xlm-cryptocurrency/
https://xinfin.org/ISO20022
https://xinfin.org/assets/images/home/iso20022-compatible-messaging.gif
https://www.iota.org/
https://www.algorand.com/

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