the most trustless name in
news you got to keep on keeping on Life's a garden dig it you make it work for you keep on keeping
on my friends just like dirty Joe AKA Joe dear a certain cryptocurrency is keeping on despite
having the mud slung at it is it done how much is in there it's rising from the ashes and is on
a certain path of tokenization beyond the confines of the crypto sector it's branching out and taking
over the world of traditional Finance it's a big old Frozen chunk of and this crypto just
may have big news coming this week what's the token and what's the news Well Life's a garden
dig it because it's time for Chico crypto who is that token rising from the ashes well let's
just look at the price chart to see if you can guess in the middle of September this token was
sitting at about $585 in a month and a half it has basically doubled sitting over $11 today looking
at the market cap this has also doubled in just a month and a half it has gained $3 billion in
cap I'm sure many of you guessed it but for those who didn't this coin is just like Joe
Dirt I got the poo on me it's stinky and janky but never gives up it's chain link and let me
tell you chain link could have some big news this week regarding a certain monetary Powerhouse of a
country Hong Kong I'm predicting chain link is involved with their cbdc and I'm going to show
you exactly why but first why should one listen to what I have to say well I've been pretty damn
accurate with my link partnership predictions in the past just last month it was announced that
the dtcc the depository trust Clearing Corporation and chain link were partnering together to bring
Capital markets on chain this is massive because the dtcc processes the majority of Securities
transactions in the world in 2022 they processed 2.5 quadrillion not billion not trillion but 2.5
quadrillion and chain link is hand inand with them in bringing these Securities on chain and
the dtcc is going to be working with chain link and its ccip Steven Prosper executive director
of the dtcc spoke at chainlink smartcon about this let's hear now most of the initiatives
that we take on we look at how can this plug into multiple blockchains and how can things
coming down the pike like ccip be used um to to help help us kind of maintain that view and again
to not build something that's already built and to not have to stand up infrastructure to support 100
blockchains that we can support one piece that can then plug into those 100 blockchains today maybe
200 blockchains tomorrow well guess who predicted this all the way back in 2020 your boy Chico did
first we need to hear Stephen in his smartcon talk say something about their early blockchain work
we decided to lean into it and we put together something we called project Whitney and looked
at what does it mean to tokenize the security from our perspective of Market infrastructure
provider we learned a whole lot um from doing that and we engage with kind of all walks of Industry
participants custodians broker dealers exchanges um and all of that informed efforts that we're
doing right now under the name of DSM digital Securities management project Whitney well in
2020 I put out a video covering project Whitney from the dtcc and all of chain Link's involvement
which was on many levels but today I'm going to attempt to do this again from my research predict
another massive chain link partner and that is with the country of Hong Kong back in June of
this year it was announced that Hong Kong was working on a digital version of their currency
the Hong Kong dollar HKD and they were partnering with 16 companies to test us out in the real world
they only named three of the companies they're working with although one of the 13 not named I
can almost guarantee was chain link why well one of the named companies leads us to that stinky
stinky coin and that is Standard Chartered the results of this pilot must have went extremely
well and they are getting the groundwork laid for this to go live because just yesterday it
was announced that standard would be providing Bitcoin and crypto custody for the country of Hong
Kong so how does Standard Chartered lead back to chain link well let's continue Just 4 days
ago before the announcement of custody for Hong Kong Standard Charter and deuts Bank announced a
successful pilot for the transfer of stable coins in cbdcs and the network they used was called the
udn or universal digital payments Network guess who is behind this well in 2021 it was announced
and it was developed by the China State back BSN or blockchain Services Network guess who has
partnered with the BSN well they have integrated their oracles yeah you guessed it it's chain link
connecting those dots something I love to do so let's connect them even further have you ever
heard of invest HK well from the wiki on them we can see it says invest Hong Kong is the Department
of the Hong Kong SAR government responsible for foreign direct investment supporting overseas
businesses to set up and expand in Hong Kong well King langang head of financial services
and fintech for invest HK attended chain link smartcon and guess what they have to say well
first of all we have been uh you know talking to and working with uh chain link again it's it's a
great company we like we love the we vision and more specifically the the ccip the cross
the cross chain the interoperable protocol is something that uh we we we like what they do
and and that could be the one kind of uh major infrastructure breakthrough that we are able to
connect the different chains chain link is a major breakthrough the key infrastructure piece so a
Hong Kong back foreign investment firm is bullish on chain link and its CCI but is actual government
the Hong Kong SAR looking at and adopting a chain link for their announced cbdc well Joseph Chan
of the Hong Kong SAR was at chain link smartcon as well and spoke on just this what did he have
to say let's hear well um in terms of cbdc right uh hkma which is our def factual Central Bank in
Hong Kong um it announced the commencement of the E Hong Kong dollar pilot program in May this year
uh indeed a total of 16 firms um from Financial Payments Technology sectors have been selected to
participate in the first round of Pilots uh for this year the pilots will take deep dives into
potential use cases in six categories uh including full-fledged payments programmable payments
offline payments tokenized deposits settlement of web stre transactions and settlement of tokenized
asset as well uh this uh pilot program is actually a key component of rail 2 Under
the hkm 3 rail approach in Paving the way for the possible implementation of the retail uh cbdc in
Hong Kong um under the pilot program uh the H will conduct a series of pilots in close collaboration
with various stakeholders did you see what Joseph did when he said VAR stakeholders he uses hands to
point to Sergey let's rewatch now under the pilot program uh the HM will conduct a series of pilots
in close collaboration with rious stakeholders when you see what others don't like I do it's
obvious chain link is a stakeholder in Hong Kong's eh KD project so could there be a big announcement
this week regarding chain link and Hong Kong well if you didn't know Hong Kong is having
their big fintech conference this week Hong Kong fintech week and guess who is speaking searching
by Sergey in speakers we can see that nazarov is speaking and clicking into it he isn't speaking on
a side stage but is speaking on the center stage with the topic cross chain interoperability the
missing piece for tokenize real world assets to finally take off if you didn't know tokenizing
paper money Hong Kong dollars is a tokenization of real world assets I think all I got is like
450 bucks well viewers what do you think will I pull another Chico prediction for stinky
link or am I way off let me know down in the comments and if you think I'm way off do you
want to fight why don't you stick your head up my butt and fight for air cheers I'll see you next
time the most trustless name good
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