TNT

JSL:  How many times has the World seen things Change immediately. Change comes Suddenly. I believe this will be a Suddenly event, leave your Head Spinning. IMHO

RVAlready:  Mahdi is gone now. The CBI should be able to do the RV. Then the new election law can be enacted, and the government replaced…. I think this will happen quickly, for the protests demand it.

Locofelipe:  I am going to come out of the lurkers box for about ten seconds…. lol. I truly belive that there is going to be some incredible news tomorrow(Monday) . I am truly excited. As our fearless leader says…. time will tell all

JSL:  It Really doesn’t matter what we think or feel. It is what it is. It will happen suddenly. hope we will be able to hold on to that Time. Loco could be right as far as I am concerned.

***************

TishwashThe arrival of a Kurdish delegation to hold a final meeting with the government of Abdul-Mahdi and the signing of a final agreement

A Kurdish source has arrived in Baghdad to sign a final agreement on oil and the budget The source said in an interview (Baghdad today), “The Kurdish delegation arrived in Baghdad this “.day, in order to sign a final agreement on the topics of oil and budget

He added, “The members of the delegation are, Awat Sheikh Janab, Minister of Finance, and Khalid Shwani, Minister of the Territory, and Dara Rashid, Minister of Planning, Omid Sabah, Chief of the “.Cabinet, and Amang Rahim, Secretary of the Council of Ministers

The Kurdish media talked, earlier in the day, a visit to the delegation of the Kurdistan region to Baghdad, to sign a final agreement on the budget and oil, noting that “the region, where demands, to “.increase its share of the budget set by 15% to 17%

In turn, the head of the Kurdistan Democratic Party bloc in the Iraqi parliament, Vian Sabri, in a press statement, that “the results of the past meetings were positive, and today the delegation returns to resolve this file in the hope of reaching a solid agreement concrete . “

She explained, “The Iraqi Constitution did not address the proportion of the share of the Kurdistan region in the budget, but pointed to a fair distribution of wealth .” She stressed: “So far the budget has not reached the parliament and still to the Council of Ministers, but the preparation is about to end and remained only with regard to the share of the Kurdistan region and hope to reach an agreement to be sent to the “.parliament soon   link

**************

HSBC Moves $20 Billion From Paper to Blockchain In One Of The Biggest Financial Deployments

Darryn Pollock Contributor

Nov 29, 2019

Blockchain and banking continue to push new boundaries with the relatively untested technology offering lots of promise and potential, but not finding too many direct uses, as of yet. HSBC, one of the largest banking and financial services organizations in the world, headquartered in London, is planning on making a bold $20 billion step.

The bank will be shifting $20 billion worth of assets to a new blockchain-based custody platform by March. This is a vast improvement of the previous system as the HSBC platform will digitize paper-based records of private placements.

Private placements are typically held on paper and lack standardization which not only makes accessing them difficult and inefficient but also points towards an archaic and out-dated system.

Using blockchain to reduce the time it takes investors to make checks or queries on holdings, the new HSBC platform, known as Digital Vault, will give investors real-time access to records of securities bought on private markets.

Currently, the bank looks after up to $50 billion worth of the assets, so it is taking a big leap of faith by putting 40 percent of this onto the blockchain platform.

Read full post here:  https://www.forbes.com/sites/darrynpollock/2019/11/29/hsbc-moves-20-billion-from-paper-to-blockchain-in-one-of-the-biggest-financial-deployments

    |   Category: TNT