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Showing posts from October, 2022

Genesis 1:29-30

      Genesis 1:29-30 New International Version 29 Then God said, “I give you every seed-bearing plant on the face of the whole earth and every tree that has fruit with seed in it. They will be yours for food. 30 And to all the beasts of the earth and all the birds in the sky and all the creatures that move along the ground—everything that has the breath of life in it—I give every green plant for food.” And it was so.

Why Stellar Network Could Be Your Best Bet for Token Launch

    Why Stellar Network Could Be Your Best Bet for Token Launch While Ethereum often steals the limelight when it comes to launching tokens, its limitations are impossible to ignore. With its snail-paced 14 transactions per second, many businesses are setting their sights on alternative blockchain platforms like Stellar Lumens. Advantages of Using Stellar Before diving into the step-by-step guide, let's explore why Stellar stands out: Decentralized & Open-Source: The hallmarks of a robust blockchain system. High Throughput: Capable of supporting thousands of transactions per second. Rapid Confirmations: Transactions settle in a mere 3–5 seconds. Smart Contract & Multi-Signature Support: Expands the utility of the platform. Low Inflation: A mere 1% fixed annual rate. What You’ll Learn Here This guide aims to walk you through: Creating issuance and distribution accounts. Establishing a trustline between these accounts. Locking the issuer account post-token creation. Dist

The Dawn of a New Era: ISO 20022 and the Future of International Payments

    The Dawn of a New Era: ISO 20022 and the Future of International Payments Come November 2022, the global financial landscape is set for a seismic shift. The archaic international payments system, which has been in operation for nearly half a century, is gearing up for a massive overhaul by migrating to blockchain technology under the ISO 20022 standard. What is ISO 20022? ISO 20022 represents a unified framework that aims to standardize payment and financial messaging across the globe. Scheduled for its initial rollout this November, with full implementation expected by 2025, this framework has the potential to modernize our financial system. The Current State: SWIFT and Its Limitations Today's international payments system, widely known as SWIFT, processes an astounding 45.8 million transactions daily. Founded in the early 1970s, this system has been a linchpin for cross-border financial activities. However, it's plagued by inefficiencies such as slow transaction times, hi