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SimonGoCrypto's profile
Simon G
Simon G
Simon G
@SimonGoCrypto

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Simon G

@SimonGoCrypto

Business consultant, avid follower of XRP and tech. for the IOV. NOT investment OR financial advice. DYOR.🐿

Australia
Joined January 2018

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    1. Simon G‏ @SimonGoCrypto Jan 23
      • Report Tweet

      Simon G Retweeted CryptoEri

      @galgitron @Hodor that was freeking amazing thanks for this info. and your efforts. The SVG opening up Ledger is WTH, seems to be just a glitch. Its also amazing that it has taken all this time to link this together, feels like the dark web and so disguised and hidden.https://twitter.com/sentosumosaba/status/1088068042938929152 …

      Simon G added,

      CryptoEri @sentosumosaba
      Stop what you're doing. It's quite possible, S.P.Q.R Media just blew apart the clear connection between the @federalreserve @inside_r3 @Ripple @swiftcommunity #XRP and CLS (and others) which move and settle 5 trillion USD a day. https://youtu.be/sH72BOu4vkQ 
      1 reply 0 retweets 1 like
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    2. Simon G‏ @SimonGoCrypto Jan 23
      • Report Tweet

      Well done for bringing this out in the open. My guess is it's not just regulation we are waiting for but Ripple to announce the coming increase in trx /second - they will need it to handle all the transactions when partners go live with XRP.

      1 reply 0 retweets 0 likes
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    3. Simon G‏ @SimonGoCrypto Jan 23
      • Report Tweet

      Suggest read this on CLS - https://www.cls-group.com/news/cls-s-dlt-payment-netting-service-goes-live-with-goldman-sachs-and-morgan-stanley/ … AND NOTE IBM link plus " Further, there are many FX market participants that do not net the payments in respect of FX trades, instead choosing to settle on a gross basis.

      1 reply 0 retweets 0 likes
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      Simon G‏ @SimonGoCrypto Jan 23
      • Report Tweet

      These gross payments have full exposure to settlement risk, resulting in higher intraday liquidity demands and causing institutions to hold more capital. CLSNet was built in conjunction with IBM and runs on the Linux Foundation’s Hyperledger Fabric blockchain framework.

      11:31 PM - 23 Jan 2019
      • 1 Like
      • MrFresh420$$$
      1 reply 0 retweets 1 like
        1. New conversation
        2. Simon G‏ @SimonGoCrypto Jan 23
          • Report Tweet

          CLS’s collaboration with IBM has produced valuable insights into the benefits that DLT can bring to post-trade processes. CLS will use the knowledge and experience gained from building this service on DLT architecture as it looks to create greater efficiencies and

          1 reply 0 retweets 1 like
          Show this thread
        3. Simon G‏ @SimonGoCrypto Jan 23
          • Report Tweet

          reduce costs for clients." So it seems to me they have NOT solved the NOSTRO needs nor reduced costs until they use XRP, - Just my opinion. Any comments welcome. Cheers 🐿

          0 replies 0 retweets 1 like
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        4. End of conversation

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