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One of Blockchain's key value adds is as a trust layer for shared data - whether for verifying authenticity of luxury goods, or the journey of a product from farm to fork - it makes information trustless. VeChainThor saves time, money & effort - the holy trinity of value. $VET

21,581 views • 4 months ago •via X (Twitter)

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The Ripple Blog April 19, 2013 Ripple and the Purpose of Money “We think of ‘virtual money’ as this kind of brave new world that’s just happening now. Actually, it is the original form of money, and it has been the predominant form of money for most of history.”—David Graeber, author of DEBT: The First 5,000 Years, on NPR’s Planet Money. “Even when money seemed to be material treasure, heavy in pockets and ships’ holds and bank vaults, it always was information. Coins and notes, shekels and cowries were all just short-lived technologies for tokenizing information.”—from The Information by James Gleick We live in an exciting moment in the history of money. For the first time, technologies exist that allow money to serve its original, primary purpose: “The purpose of money is to record value across a network of people.”  The first known forms of money were records maintained within small networks of people. Indeed, some of the first known writings of any kind are records of credit and debt on Mesopotamian clay tablets. It makes a lot of sense. If you lived in a village and wanted to keep track of how much everyone earned and owed, would you smelt gold into coins or write it down? If the world stayed small and interconnected, there would have been no need for new forms of money to be invented. Every transaction could be easily recorded in a shared ledger. But the world grew. As countries and civilizations expanded and collided, it became impossible to maintain a shared record of value. Physical money was invented as a workaround to a hyperextended network. Gold was inconvenient, but it had the advantage of being accepted by a large, diverse set of people. Paper money appeared as a stand-in for gold. Fiat currencies were introduced by countries powerful enough to enforce their value.  With the rise of the modern banking system, most money became virtual again. Money moved into accounts and financial networks. This virtual money had many advantages over the kludge of physical money, but it required financial gatekeepers to make it possible. With the rise of the computer, banks digitized their virtual accounts and expanded their networks, but without any fundamental change in their practices. The Internet created a shared global network of information… but one of the most important forms of information was left out of the equation: money. And, for decades, not much changed. Governments controlled physical currency. Banks controlled digital currency. And modern money, for all its advances, still lacked many of the advantages of Mesopotamian clay tablets. In 2009, Bitcoin was invented and changed everything. The world’s first decentralized digital currency, Bitcoin accounts and transactions required no gatekeepers and were recorded across the largest human network: the Internet. Now Ripple seeks to expand on what Bitcoin started. More than just a digital currency, “Ripple is the world’s first open transaction network. It serves as a decentralized, shared record of accounts and transactions of any kind. By creating this global ledger, Ripple does for money what the Internet did for all other forms of information. With Ripple, the history of money comes full circle. Once again, money can serve its primary purpose - to track value across a network - but, for the first time, that network can be the entire world. Sources: Gratitude: Chris Larsen David "JoelKatz" Schwartz Brad Garlinghouse Stuart Alderoty Monica Long Ripple G. Edward Griffin Judy Shelton Ron Paul Donald J. Trump

Rob Cunningham | KUWL.show

314,827 views • 1 year ago

The first Veritaseum Smartmetal silver rounds "should" start shipping some time next week. 1 Ounce Silver Rounds with Embedded Veritaseum's Patented Trustless P2P Value Transfer Technology fusing Tangible Precious Metals and Digital Innovation, where physical precious metals meet the future of digital assets: agentic computing and Blockchain value transfer to those whom you don't need to know or trust. Each meticulously crafted silver round is embedded with a unique QR code, linking to a custom-crafted Ethereum layer 2 wallet. These silver rounds unlock a suite of potential exclusive digital experiences, benefits, and opportunities, bridging the gap between the tangible and digital realms. Visit for more information. Features and Benefits 1. Premium Precious Metak: • Each Veritaseum Silver Round contains one ounce of 99.9% pure silver, offering a reliable and known physical asset. 2. Private Key on the Ethereum Network: • The embedded QR code on each silver round links to a unique secret, used to create a private key • Each round will have its own custom webpage that shows its mint number, (#1, 2, 3, 300, 700, etc.) • Anticipated, but not guaranteed, features: o P2P round holder communication through a custom, encrypted decentralized network o Embedded or connected AI agents with access to the VERI round private key for transactions and transfers of value, and we mean ALL economic value... ▪ “value transfer”—The process of transferring a right (e.g., ownership, control, etc.) to one or more items having economic value (e.g., money, goods, services, obligations to perform, etc.) from one party to another. This functionality of these rounds are embodiments of our own home grown technology portfolio protected by patents: US12231579, US11196566, US11895246, JP6813477, JP7204231, JP7533974, and JP7533983

Reggie Middleton, Disruptor-in-Chief

13,774 views • 1 year ago

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NeoXtrix

28,606 views • 4 months ago