{"id":20396,"date":"2016-05-04T05:36:28","date_gmt":"2016-05-04T10:36:28","guid":{"rendered":"http:\/\/olduvai.ca\/?p=20396"},"modified":"2016-05-04T05:36:28","modified_gmt":"2016-05-04T10:36:28","slug":"a-new-digital-cash-system-was-just-unveiled-at-a-secret-meeting-for-bankers-in-new-york","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=20396","title":{"rendered":"A New Digital Cash System Was Just Unveiled At A Secret Meeting For Bankers In New York"},"content":{"rendered":"
\n

A New Digital Cash System Was Just Unveiled At A Secret Meeting For Bankers In New York<\/a><\/h3>\n<\/div>\n
<\/div>\n
\n

\"Secret<\/a>Last month, a \u201csecret meeting\u201d that involved more than 100 executives from some of the biggest financial institutions in the United States was held in New York City.\u00a0 During this \u201csecret meeting<\/a>\u201c, a company known as \u201cChain<\/a>\u201d unveiled a technology that transforms U.S. dollars into \u201cpure digital assets\u201d.\u00a0 Reportedly, there were representatives from Nasdaq, Citigroup, Visa, Fidelity, Fiserv and Pfizer in the room, and Chain\u00a0also claims<\/a>\u00a0to be partnering with Capital One, State Street, and First Data.\u00a0 This \u201crevolutionary\u201d technology is intended to completely change the way that we use money, and it would represent a major step toward a cashless society.\u00a0 But if this new digital cash system is going to be so good for society, why was it unveiled during a secret meeting for Wall Street bankers?\u00a0 Is there something more going on here than we are being told?<\/p>\n

None of us probably would have ever heard about this secret meeting if it was not for a report in Bloomberg.\u00a0 The following comes from their article entitled \u201cInside the Secret Meeting Where Wall Street Tested Digital Cash<\/a>\u201c\u2026<\/p>\n

On a recent Monday in April, more than 100 executives from some of the world\u2019s largest financial institutions gathered for a private meeting at the Times Square office of Nasdaq Inc. They weren\u2019t there to just talk about blockchain, the new technology some predict will transform finance, but to build and experiment with the software.<\/p>\n

By the end of the day, they had seen something revolutionary: U.S. dollars transformed into pure digital assets, able to be used to execute and settle a trade instantly<\/strong>. That\u2019s the promise of a blockchain, where the cumbersome and error-prone system that takes days to move money across town or around the world is replaced with almost instant certainty.<\/p><\/blockquote>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A New Digital Cash System Was Just Unveiled At A Secret Meeting For Bankers In New York Last month, a \u201csecret meeting\u201d that involved more than 100 executives from some of the biggest financial institutions in the United States was held in New York City.\u00a0 During this \u201csecret meeting\u201c, a company known as \u201cChain\u201d unveiled […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[13702,13703,1034,13704,1718,158,6334,5983,13705,6653,6061,314,13706,13707,13708,4901,536,4919,567,568,13709,13710,13448,8646,13711],"class_list":["post-20396","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-capital-one","tag-cashless","tag-cashless-society","tag-cashless-system","tag-citigroup","tag-conspiracy","tag-digital-cash","tag-economiccollapseblog","tag-executives","tag-fidelity","tag-financial","tag-financial-institutions","tag-first-data","tag-fiserv","tag-major-financial-institutions","tag-michael-snyder","tag-money","tag-nasdaq","tag-new-york","tag-new-york-city","tag-pfizer","tag-secret-meeting","tag-state-street","tag-u-s-dollars","tag-visa"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20396"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20396\/revisions"}],"predecessor-version":[{"id":20397,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20396\/revisions\/20397"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}