Iso 20022 is the future!!!

New rules and regulations are coming and ISO-compliant cryptocurrencies will be the legal and compliant cryptocurrencies when these regulations are announced.

These ISO20022 cryptocurrencies will also form the backbone of the New Financial System, replacing the global SWIFT system. This standard is expected to come into operation in November 2022 and is anticipated to be fully integrated by November 2025.

Here is the list of crypto that is currently ISO 20022 compliant and one that I have heard is but can not confirm. I am currently in the middle of doing a deep dive on each of these so check them out on my blog when you get the chance. 

•  Member of the ISO 20022 Standards BodyXRP is designed to be a bridge between the crypto and fiat worlds and is used for a variety of purposes, including cross-border settlements. XRP can currently process approximately 1,500 transactions per second. 
• Stellar Lumens (XLM): Member of the ISO 20022 Standards Body. Like XRP, it is designed to be a bridge between the crypto and fiat worlds, with a specific focus on cross-currency conversions for individuals rather than institutions. According to developers, XLM can process up to 3,000 transactions per second, but real-life transaction processing times have historically been much slower. 
• XinFin (XDC):XinFin is an Ethereum Virtual Machine (EVM) compatible delegated proof-of-stake blockchain intended to function as a digital asset network for enterprises by combining public and private blockchains with interoperable smart contracts. XDC is XinFin’s native currency. XinFin offers up to 2,000 transactions per second and finality in as little as 2 seconds. 
• Iota (IOTA):IOTA is a centralized blockchain LEDGER intended to handle the Internet of Things (IoT) based transactions. Many believe the network has a lot of potentials, but it has also faced criticism due to its centralization, security flaws, and the high number of hacks and attacks it has suffered over the last several years. 
• Algorand (ALGO):Algorand is a major Layer-1 blockchain attempting to solve many of the problems inherent in competitors like Ethereum. It is reportedly able to process approximately 1,300 transactions per second. While it does promote decentralization, Algorand’s proof-of-stake consensus method has led to concerns about whales dominating the ecosystem. 
• Hedera Hashgraph (HBAR): Hedera Hashgraph is a distributed ledger platform that is similar to a blockchain but operates somewhat differently. Hedera Hashgraph is intended to overcome many of the limitations of traditional blockchains and can perform 10,000 transactions per second (with some reporting speeds up to 500,000 transactions per second) with a high level of security. Unlike blockchains, Hedera Hashgraph does not use miners for transaction validation, instead, utilizing a feature referred to as a directed acyclic graph to sequence transactions without splitting them into blocks. HBAR is its native cryptocurrency. 
• Quant (QNT): The Quant Protocol is designed to solve interoperability issues between major blockchains like Bitcoin, Ethereum, and Ripple via its Overledger interoperability network, and intends to connect all blockchains via one comprehensive operating system. Quant Protocol is EVM compatible and considered by many to be an Ethereum Layer-2, but unlike other Layer-2s, it does not require any modifications to the base chain to become operational. QNT is Quant Protocol’s native currency and is paid by developers to create and operate dApps on the network. 
• Cardano (ADA): (Rumored)Cardano is a proof-of-stake, decentralized blockchain network founded by Ethereum co-founder Charles Hoskinson. It is currently the world’s largest proof-of-stake blockchain. ADA is its native currency.

There is still a lot of speculation as to the exact timing and true volume of transactions this new blockchain system will handle. If all international payments are put through these few ISO 20022-compliant cryptocurrencies, the sheer volume of transactions could boost both the market capitalization and market value of these cryptos considerably. I am extremely bullish on all of these and will be doing more in-depth explanations of each how-to's and for beginners' pieces so keep an eye out stay tuned and give me a follow its much appreciated.