Goldilocks’ Comments and Global Economic News Saturday AM 12-2-23
“JPMorgan And Apollo Executives Reveal Plan For A Tokenized ‘Enterprise Mainnet’”
JP Morgan and Apollo executives are making plans to implement a tokenized asset Enterprise in early 2024. They will be one of the first of many to begin the process of adding applications to this tokenized asset network.
This will cover everything from stocks to bonds and crypto assets inside their own blockchain.
They plan to work with a limited number of compliant banks, broker-dealers and asset managers.
To give you an idea of where we are on the new Digital Asset Based Trading System. Notice all of the articles recently coming out about big companies tokenizing their assets and connecting together.
This is happening all over the world, and it is part of the test portion of Protocol 20 to see if the new digital economy will work on a collective scale.
During this time, glitches can be corrected before everything is interfaced onto the QFS. On January 30th, 2024, there will be a vote on Protocol 20 to move it forward.
So far, everything is looking good. At that time, we will see tokenized assets begin to go to a real value before, during, or after that time.
This will synchronize Market asset prices with the Banking System correlations backed by a real value such as gold. Standard protocols such as Basel 3 final rules for implementation (January 16, 2024) will make the new digital financial system a true Gold Standard Digital Financing System.