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Topic: Zilliqa: A scalable blockchain platform with througput of thousands of TX/s - page 13. (Read 47205 times)

legendary
Activity: 2758
Merit: 1075
Is this why XSGD is coming, to strengthen the Singapore Dollar?...

https://www.straitstimes.com/business/economy/10-things-you-should-know-about-singapores-monetary-policy

 HOW DOES MAS MANAGE ITS MONETARY POLICY?
Most countries, including the United States and China, adopt an interest rate policy where central banks raise or cut interest rates.

Singapore is the only major economy in the world to use the exchange rate, guiding the Singdollar higher or lower.

MAS says the exchange rate is the best tool for a small, open economy like Singapore. It is a more effective way to manage inflation, as much of the country's consumer goods are imported.

MAS lets the Singdollar rise or fall against an undisclosed basket of currencies of its main trading partners, intervening when needed to keep the exchange rate within its unspecified target band.

To deter speculation and be more effective, MAS does not disclose what is in its basket of currencies or specify its trading band.

It adjusts the pace of appreciation or depreciation of the Singdollar by changing the slope, width and centre of this trading band.





They are expanding into the Blockchain with XSGD ,the management of the Singapore Dollar to make it higher....
could they be planning to use crypto in their basket to control its trading band?
XSGD could be the easiest way for them to buy crypto....
Zilliqa is the tech that they use for their regulated CBDC that will give them more leverage for SGD with a more powerful basket for their trading band.


legendary
Activity: 2758
Merit: 1075
^ You never know...
Zilliqa is one of the best Blockchain techs in the world today...and the ONLY one that has a Monetary Policy maker MAS that has approved a 1-1 regulated Stablecoin.

This MAS is covering a lot of scammers and even helps them! For example MAS is working with PolicyPal and Val Yap and gave them a lisence while this scammers raised  21 mln usd and gone away with investors money. And this MAS dont want to do nothing with this !
MAS is not a SEC (which works on investors interest and punish scammers!)
Dont trust MAS! They help scammers!

Interesting..you prob know more about this than me but from what i can see..
 Is MAS working with Policypal?
 No, The Policypal management team tout Policypal Singapore as the first graduate of the fintech sandbox of the Monetary Authority of Singapore (MAS),
     They claim to have MAS connections but really have a MAS Sandbox Graduate. Looks like they got the license then scammed.

https://archive.is/7OuUv
https://www.straitstimes.com/business/companies-markets/insurance-start-up-policypal-graduates-from-mas-fintech-regulatory


Yes you are right MAS is not SEC, its bigger, lets see what each are....

MAS is a Money Authority , The Monetary Authority of Singapore is Singapore's central bank and financial regulatory authority. It administers the various statutes pertaining to money, banking, insurance, securities and the financial sector in general, as well as currency issuance.
unlike many other central banks such as Federal Reserve System or Bank of England,
WHAT IS MONETARY POLICY?
The way a country controls the supply of money to consumers and businesses, often targeting an inflation rate or interest rate, to encourage prices of goods and service to remain stable and promote economic growth.
MAS does not regulate the monetary system via interest rates to influence the liquidity in the system. Instead, it chooses to do it via the foreign exchange mechanism.(woa,check next post)

SEC ,The U. S. Securities and Exchange Commission (SEC) has a three-part mission: Protect investors. Maintain fair, orderly, and efficient markets. Facilitate capital formation. The SEC deal with monetary compliance.
sr. member
Activity: 1451
Merit: 258
what wallet do you suggest to use for Zilliqa?

Trustwallet is good choice to store Mainnet token. I also using this wallet at the moment it has most advanced features and top notch security. There are so many wallets available for this token you can search them on Google too.

Yes I have been using the trust wallet five months ago in PlayStore and AppStore is also available, various tokens that I store are very safe and the interface is very simple and easy for new users.
legendary
Activity: 1876
Merit: 1003
what wallet do you suggest to use for Zilliqa?

Trustwallet is good choice to store Mainnet token. I also using this wallet at the moment it has most advanced features and top notch security. There are so many wallets available for this token you can search them on Google too.
full member
Activity: 1274
Merit: 105
what wallet do you suggest to use for Zilliqa?
sr. member
Activity: 1372
Merit: 259
^ You never know...
Zilliqa is one of the best Blockchain techs in the world today...and the ONLY one that has a Monetary Policy maker MAS that has approved a 1-1 regulated Stablecoin.

This MAS is covering a lot of scammers and even helps them! For example MAS is working with PolicyPal and Val Yap and gave them a lisence while this scammers raised  21 mln usd and gone away with investors money. And this MAS dont want to do nothing with this !
MAS is not a SEC (which works on investors interest and punish scammers!)
Dont trust MAS! They help scammers!
legendary
Activity: 2758
Merit: 1075
<<<--- Selling BCH ...Buying Zilliqa  Kiss Kiss Kiss
legendary
Activity: 2758
Merit: 1075
https://www.youtube.com/watch?v=YKBatoFv-XU
ZILHIVE Demo day Opening 111219
12 Dec 2019


https://www.youtube.com/watch?v=57VldrECY14
ZILHIVE Demo Day : Address by Kenneth Bok, Zilliqa
12 Dec 2019



Great presentation of Zilliqa Blockchain  Cool
legendary
Activity: 2758
Merit: 1075
^ You never know...
Zilliqa is one of the best Blockchain techs in the world today...and the ONLY one that has a Monetary Policy maker MAS that has approved a 1-1 regulated Stablecoin.
hero member
Activity: 1610
Merit: 508


https://www.theblockcrypto.com/post/49659/report-chinas-central-bank-to-test-digital-currency-in-two-cities-partnering-with-state-backed-commercial-banks-and-telecom-giants

China’s central bank will soon test its digital currency in the cities of Shenzhen and Suzhou, per Chinese news site Caijing

Four state-owned commercial banks are racing to find the best implementation strategies of digital currency, in collaboration with three telecom giants in China

The central bank is said to have accelerated its digital currency program, prompted by Facebook’s Libra project



Find the best implementation strategies of digital currency?
Zilliqa is the answer.

I know this thread is read by a lot of Elites.
All of them should be looking at Zilliqa asap.

This is absolutely impossible and only your dreams. Even Neo with cap almost in 1 bln $ has no any possibility to work with Chinese government (I asked this in one conference, and they said that Chinese government will make OWN blockchain and they not need any third parties blockjchain).
full member
Activity: 1134
Merit: 102
@ Mrpumperitis

Hi,
can Zilliqa reach $ 1 someday? is that possible?

Nobody can predict the future of any project it depend on your believe and what is your goal. If the team is active and they establishing partnerships and getting better response from big companies than it can show mind blowing performance in future.

Yes, you are right, it is impossible to predict the price of coins because everything depends upon the developments and activities they do in the market. If the team is making a partnership with other companies and it will surely help the coin to increase the price.
legendary
Activity: 2758
Merit: 1075


https://www.theblockcrypto.com/post/49659/report-chinas-central-bank-to-test-digital-currency-in-two-cities-partnering-with-state-backed-commercial-banks-and-telecom-giants

China’s central bank will soon test its digital currency in the cities of Shenzhen and Suzhou, per Chinese news site Caijing

Four state-owned commercial banks are racing to find the best implementation strategies of digital currency, in collaboration with three telecom giants in China

The central bank is said to have accelerated its digital currency program, prompted by Facebook’s Libra project



Find the best implementation strategies of digital currency?
Zilliqa is the answer.

I know this thread is read by a lot of Elites.
All of them should be looking at Zilliqa asap.
legendary
Activity: 2758
Merit: 1075
@ Mrpumperitis

Hi,
can Zilliqa reach $ 1 someday? is that possible?

Nobody can predict the future of any project it depend on your believe and what is your goal. If the team is active and they establishing partnerships and getting better response from big companies than it can show mind blowing performance in future.

Do you know why CEO  left project few month ago? And whats is with the current CEO? Have they sold project to someones else or just countinue work with the reat part of team?
Only he could tell why he left.
AFAIK
Amrit Kumar co founder of Zilliqa is in charge now.
No they have not sold the project.
The team is growing in size and working hard.
hero member
Activity: 1610
Merit: 508
@ Mrpumperitis

Hi,
can Zilliqa reach $ 1 someday? is that possible?

Nobody can predict the future of any project it depend on your believe and what is your goal. If the team is active and they establishing partnerships and getting better response from big companies than it can show mind blowing performance in future.

Do you know why CEO  left project few month ago? And whats is with the current CEO? Have they sold project to someones else or just countinue work with the reat part of team?
legendary
Activity: 1876
Merit: 1003
@ Mrpumperitis

Hi,
can Zilliqa reach $ 1 someday? is that possible?

Nobody can predict the future of any project it depend on your believe and what is your goal. If the team is active and they establishing partnerships and getting better response from big companies than it can show mind blowing performance in future.
legendary
Activity: 2758
Merit: 1075

https://medium.com/@hybridverse/product-release-hybrid-euro-heur-is-live-on-zilliqa-blockchain-mainnet-5d036980a29e

“Exactly 1 year and 35 days ago we entered the Incubator for Innovative Companies of Turin Polytechnic University with the first Proof of Concept for Hybrid Euro.
After a careful evaluation we’ve picked Zilliqa blockchain
Today we release Hybrid Euro as product.

hero member
Activity: 1652
Merit: 583
xUSD - The PRIVATE stable coin - Haven Protocol
Everything is possible, but it not depends on him, it depends on the development and than on the marketplace
newbie
Activity: 70
Merit: 0
@ Mrpumperitis

Hi,
can Zilliqa reach $ 1 someday? is that possible?
legendary
Activity: 2758
Merit: 1075
The upcoming future of money, Stablecoin phenomenon is coming "Christine Lagarde"

Christine Lagarde Distributed Ledger Technology stable coins and Central bank digital Currencies
5 Dec 2019
https://www.youtube.com/watch?v=DI6upSrr2i8
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