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Relevant information on benefical techniques to educate and build your understanding in crypto.

This Cryptocurrency Digest is an educational format, based on my crypto currency journey, focused on blockchain networks, specific crypto currency tokens/coins, along with news, and trends about digital money. Do your own research before putting money into crypto currency.

Suggested Reading

Crypto Currency Digest

Stellar And MoneyGram Provide Digital Access

With MoneyGram Access, wallets and fintechs can enable their users to easily convert digital assets to cash or cash to digital assets across thousands of participating MoneyGram locations in a growing list of countries around the world.

This new development means that your application or wallet can use, or connect with, MoneyGram’s retail network - requiring one integration - which allows your, or app users, the ability to deposit or withdraw cash from their digital wallets via Stellar USDC.

How It Works - Users enter the amount of USDC they want to purchase. - Users provide their information and select a MoneyGram location for cash payment, all within the wallet application. - Users exchange their cash for USDC at the selected MoneyGram location.

This is a new process is typical of Stellar's mission to make money more available to all people around the world.

Date Published: 11 June, 2022

Crypto Currency Digest

Stellar And MoneyGram Provide Digital Access

With MoneyGram Access, wallets and fintechs can enable their users to easily convert digital assets to cash or cash to digital assets across thousands of participating MoneyGram locations in a growing list of countries around the world.

This new development means that your application or wallet can use, or connect with, MoneyGram’s retail network - requiring one integration - which allows your, or app users, the ability to deposit or withdraw cash from their digital wallets via Stellar USDC.

How It Works - Users enter the amount of USDC they want to purchase. - Users provide their information and select a MoneyGram location for cash payment, all within the wallet application. - Users exchange their cash for USDC at the selected MoneyGram location.

This is a new process is typical of Stellar's mission to make money more available to all people around the world.

Date Published: 11 June, 2022

Crypto Currency Digest

5 Cryptos To Watch In 2022

The International Organization of Standardization is behind the creation of the ISO 20022 standard. The organization introduced ISO 20022 as a way to have one standard method of developing messages between financial institutions. Indeed, institutions all over the world use their own different coding languages for these messages, which can make international transfers a very jumbled and disorganized process.

ISO 20022 would consolidate all of these messaging formats into a single language — eXtensbile Markup Language (XML). Many organizations are starting to back ISO 20022. Notably, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) put its support behind the standard in 2018. The organization is migrating its members to the ISO 20022 standard. Earlier this month, the organization rolled out a testing environment for its clients to get a feel for the standard. It plans to have the standard fully implemented by the end of next year.

The U.S. government is helping to greatly expedite the adoption of ISO 20022 as well. The Federal Reserve Board (FSR) is saying now that Federal Reserve Banks will adopt the standard in late 2023. The backing of FSR and SWIFT gives ISO 20022 a significant backing.

Compliant ISO 20022 Cryptos Will See a Boom in 2022 With SWIFT Adoption
The ISO 20022 standard does threaten to get in the way of some cryptos. There are a number of experts who believe adoption of the standard will get in the way of cryptos like Bitcoin (CCC:BTC-USD) and keep them from becoming ubiquitous as international money-transfer plays. However, that’s not the case for a handful of ISO 20022 cryptos; there are five digital currencies that adhere to ISO 20022’s compliance requirements, making them apt plays for the year to come as SWIFT adopts the format.

Two cryptocurrencies are not just compliant with ISO 20022, they are members of the ISO 20022 Standards Body. These currencies are Ripple (CCC:XRP-USD) and Stellar Lumens (CCC:XLM-USD). Ripple is the first of the two to be added to this body, opening up standardization for distributed ledger technology. Stellar is a part of this body through IBM (NYSE:IBM), which uses Stellar to underlie its stablecoin-issuing operation.

Other cryptos that are compliant with ISO 20022 include XDC (CCC:XDC-USD), Iota (CCC:MIOTA-USD) and Algorand (CCC:ALGO-USD). What ties all of these cryptos together — and differentiates them from non-compliant cryptos — is their focus on streamlining international wire transfers. As such, they are some of the earliest adopters of the ISO 20022 standard, seeing that it is rapidly growing in support from institutions. In addition to these five, there are three more cryptos rumored to be compliant. But, these cryptos are not yet officially listed as such. This list includes Hedera Hashgraph (CCC:HBAR-USD), Quant (CCC:QNT-USD) and Cardano (CCC:ADA-USD

https://www.nasdaq.com/articles/iso-20022-cryptos%3A-5-compliant-cryptos-to-keep-an-eye-on-in-2022

Date Published: 29 May, 2022

Crypto Currency Digest

5 Cryptos To Watch In 2022

The International Organization of Standardization is behind the creation of the ISO 20022 standard. The organization introduced ISO 20022 as a way to have one standard method of developing messages between financial institutions. Indeed, institutions all over the world use their own different coding languages for these messages, which can make international transfers a very jumbled and disorganized process.

ISO 20022 would consolidate all of these messaging formats into a single language — eXtensbile Markup Language (XML). Many organizations are starting to back ISO 20022. Notably, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) put its support behind the standard in 2018. The organization is migrating its members to the ISO 20022 standard. Earlier this month, the organization rolled out a testing environment for its clients to get a feel for the standard. It plans to have the standard fully implemented by the end of next year.

The U.S. government is helping to greatly expedite the adoption of ISO 20022 as well. The Federal Reserve Board (FSR) is saying now that Federal Reserve Banks will adopt the standard in late 2023. The backing of FSR and SWIFT gives ISO 20022 a significant backing.

Compliant ISO 20022 Cryptos Will See a Boom in 2022 With SWIFT Adoption
The ISO 20022 standard does threaten to get in the way of some cryptos. There are a number of experts who believe adoption of the standard will get in the way of cryptos like Bitcoin (CCC:BTC-USD) and keep them from becoming ubiquitous as international money-transfer plays. However, that’s not the case for a handful of ISO 20022 cryptos; there are five digital currencies that adhere to ISO 20022’s compliance requirements, making them apt plays for the year to come as SWIFT adopts the format.

Two cryptocurrencies are not just compliant with ISO 20022, they are members of the ISO 20022 Standards Body. These currencies are Ripple (CCC:XRP-USD) and Stellar Lumens (CCC:XLM-USD). Ripple is the first of the two to be added to this body, opening up standardization for distributed ledger technology. Stellar is a part of this body through IBM (NYSE:IBM), which uses Stellar to underlie its stablecoin-issuing operation.

Other cryptos that are compliant with ISO 20022 include XDC (CCC:XDC-USD), Iota (CCC:MIOTA-USD) and Algorand (CCC:ALGO-USD). What ties all of these cryptos together — and differentiates them from non-compliant cryptos — is their focus on streamlining international wire transfers. As such, they are some of the earliest adopters of the ISO 20022 standard, seeing that it is rapidly growing in support from institutions. In addition to these five, there are three more cryptos rumored to be compliant. But, these cryptos are not yet officially listed as such. This list includes Hedera Hashgraph (CCC:HBAR-USD), Quant (CCC:QNT-USD) and Cardano (CCC:ADA-USD

This artcle was published at https://www.nasdaq.com/articles/iso-20022-cryptos%3A-5-compliant-cryptos-to-keep-an-eye-on-in-2022

Date Published: 29 May, 2022

Crypto Currency Digest

Crypo Security Ideas To Consider

I got into crypto currency in 2020. In that time I have made discoveries about crypto and also been through a few “pimps and dumps” …. but on the losing end.

Crypto, today, is a risky game. But a few nuggets I want to share now are these:

SECURITY & SAFETY
A. I am only interested in crypto that is verified (see post below) and that is asset backed.

Since I started my script adventure I was inclined to purchase XRP (Ripple), XLM (Lumens, Stellar), and then DOGE.

I am still sticking with those three because they fit my #1 above.

B. Beware of purchasing crypto on an exchange - any exchange - and leaving it there. When you don’t have the keys to crypto, you do not own it.

When you install a digital wallet on your phone or laptop and then set it up with your security info, which included password and recovery phrase - you then own that crypto. If you lose your recovery phrase your crypto is lot forever.

Wow, watching LUNA crash is a signal. Bitcoin is still at $30K per token. I am waiting for it to drop. Intresting thoughts on Crypto from Zerohedge article.

Date Published: 17 May, 2022

Crypto Currency Digest

Crypo Security Ideas To Consider

I got into crypto currency in 2020. In that time I have made discoveries about crypto and also been through a few “pimps and dumps” …. but on the losing end.

Crypto, today, is a risky game. But a few nuggets I want to share now are these:

SECURITY & SAFETY
A. I am only interested in crypto that is verified (see post below) and that is asset backed.

Since I started my script adventure I was inclined to purchase XRP (Ripple), XLM (Lumens, Stellar), and then DOGE.

I am still sticking with those three because they fit my #1 above.

B. Beware of purchasing crypto on an exchange - any exchange - and leaving it there. When you don’t have the keys to crypto, you do not own it.

When you install a digital wallet on your phone or laptop and then set it up with your security info, which included password and recovery phrase - you then own that crypto. If you lose your recovery phrase your crypto is lot forever.

Wow, watching LUNA crash is a signal. Bitcoin is still at $30K per token. I am waiting for it to drop. Intresting thoughts on Crypto from Zerohedge article.

Date Published: 17 May, 2022

Crypto Currency Digest
Crypto Currency Digest

Looking for some relief to the insane world in crypto?

It seems a bit upside down at the moment with more countries banning bitcoin, but yet it continues to increase in value.

This world of crypto is a volatile ride, be weary and carful where you place your funds.

I think my three crypto keepers will ride out the storm we are viewing right now.

As always - buy on low prices and sustain the courage to HOLD.

Bitcoin crashes as El Salvador’s world-first adoption gets off to bumpy start.

Bitcoin poor store of value, could collapse drastically, central bankers warn.

Date Published: 10 Sept, 2021

Crypto Currency Digest
Crypto Currency Digest

Looking for some relief to the insane world in crypto?

It seems a bit upside down at the moment with more countries banning bitcoin, but yet it continues to increase in value.

This world of crypto is a volatile ride, be weary and carful where you place your funds.

I think my three crypto keepers will ride out the storm we are viewing right now.

As always - buy on low prices and sustain the courage to HOLD.

Bitcoin crashes as El Salvador’s world-first adoption gets off to bumpy start.

Bitcoin poor store of value, could collapse drastically, central bankers warn.

Date Published: 10 Sept, 2021

Avoid Crypto Scam
Avoid Crypto Scam

Listen to the audio podcast, click the play button.

Tutorial: 7 Steps To Verify Crypto, How To Avoid Crypto Scam

Independent website to get a scam score, measuring differnet criteria, to access if it's a scam.

On the digitial wallet we are using LOBSTR and SCOPULY.

After you learn these seven steps from this podcast, I encourage you to review the coins/tokens in the marketplaces listed below. Are they scam tokens? If you want my answer, send me an email.

Marketplaces.....
StellarLand
StellarMart
StellarCake
Stellar Skull
Stellar King
Stellar King2

Date Published: 22 August, 2021

Crypto Currency Digest - Where To B egin With Crypto
Crypto Currency Digest - Where To B egin With Crypto

Listen to the audio podcast, click the play button.

Where to start in crypto?

It seems a bit upside down at the moment with more countries banning The most often asked questions is, "where do I start with crypto?"

People are worried of not knowing enough, but there is a simple answer. Start with two trusted names in crypto, and adhere to the ISO 20022 Standard.

Date Published: 21 August, 2021

This information is provided as educational material.

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© Copyright Protected, All Rights Reserved, Dragon Grog, LLC :: Your privacy is always protected on this website.