PappaJack » March 3rd, 2017
(See Article Below) Quote: "execution of new system in the foreign currency selling window operation in the CBI piloted to a significant amount of decline in the U.S dollar exchange rate against the Iraqi dinar currency."
FRANKIE, IRAQ MIGHT NOT HAVE BEEN TALKING ABOUT THE BLOCK CHAIN BEFORE BUT THEY SURE ARE NOW.... WHAT IS THE NEW SYSTEM? BLOCK CHAIN
"system has eliminated the middlemen and hackers after changing the requirements & actions. It would provide transparency and simplification in the operation of foreign currency sale window. This new system will offer a new competition between participating banks in the foreign currency sales auction at CBI on the basis of agreement magnitude with the rules in order to fight against money laundering and terrorist financing."
THIS IS BY DEFINITION WHAT THE BLOCK CHAIN DOES COUNTRY TO COUNTRY .
COUNTRIES ARE CONSIDERED NODES, THEN TO HUBS INSIDE THE COUNTRY.( HUBS ARE WITHIN THE COUNTRY ,REGIONAL DISTRIBUTION POINTS) FROM HUB TO END USER( PAYEE) THIS IS WHERE THE FINTEC SYSTEM COMES INTO PLAY ( FINTEC IS HOW IT IS PAID OUT)=BTW WE ALREADY HAVE THE BUILD OUT DONE FOR ALL INTENSIVE PURPOSES IN THE USA ( IE- THE CHIP CARD READERS / THERE ARE NOT MANY BUSINESSES THAT DO NOT HAVE THEM)
YES IT TAKES OUT THE SECURITY PROBLEMS BECAUSE FROM ANY WHERE IN THE WORLD FROM PAYER TO PAYEE THE SYSTEM WILL EFFECTIVELY ACT AS A LEDGER TO LEDGER TO ACCOUNT ( LEDGER TO LEDGER ACCOUNT =IS WITHIN YOUR BANK-IF YOU TAKE MONEY OUT OF YOUR ACCOUNT AND PUT IT IN SOMEONE ELSE'S ACCOUNT IN THE SAME BANK THEY HAVE INSTANT ACCESS)
THE BLOCK CHAIN SYSTEM WILL ACT GLOBALLY JUST LIKE A LEDGER TO LEDGER ACCOUNT= INSTANT ACCESS FOR THE PAYEE, THEREFORE NO PILFERING BY ANYONE =BANKS, POLITICIANS OR OTHER THIEVES.
"The Iraqi banks also admired in getting additional steps to cover the legal demand of the U.S dollar in the country."
IF I AM INTERPRETING THIS CORRECTLY THE USA IS CONNECTED TO THEM VIA BLOCK CHAIN WHICH HINTS AT THE IMPENDING RELEASE OF OUR ASSET BACKED CURRENCY = GAME ON!!!!
FAMILY THIS IS SCREAMING AT YOU WHAT FRANKIE HAS BEEN TELLING YOU===== THEY ARE DONE, DONE AND DONE===== NOW THE =WAIT FOR THE PROCESS TO COMPLETE ITSELF!!!!!!!!!!!!!!!!!!
WHAT YOU WORRIED ABOUT WILLIS? PJ
NeeCee1966 » March 3rd, 2017
FRANKIE, IRAQ MIGHT NOT HAVE BEEN TALKING ABOUT THE BLOCK CHAIN BEFORE BUT THEY SURE ARE NOW.... WHAT IS THE NEW SYSTEM? BLOCK CHAIN
"system has eliminated the middlemen and hackers after changing the requirements & actions. It would provide transparency and simplification in the operation of foreign currency sale window. This new system will offer a new competition between participating banks in the foreign currency sales auction at CBI on the basis of agreement magnitude with the rules in order to fight against money laundering and terrorist financing."
THIS IS BY DEFINITION WHAT THE BLOCK CHAIN DOES COUNTRY TO COUNTRY .
COUNTRIES ARE CONSIDERED NODES, THEN TO HUBS INSIDE THE COUNTRY.( HUBS ARE WITHIN THE COUNTRY ,REGIONAL DISTRIBUTION POINTS) FROM HUB TO END USER( PAYEE) THIS IS WHERE THE FINTEC SYSTEM COMES INTO PLAY ( FINTEC IS HOW IT IS PAID OUT)=BTW WE ALREADY HAVE THE BUILD OUT DONE FOR ALL INTENSIVE PURPOSES IN THE USA ( IE- THE CHIP CARD READERS / THERE ARE NOT MANY BUSINESSES THAT DO NOT HAVE THEM)
YES IT TAKES OUT THE SECURITY PROBLEMS BECAUSE FROM ANY WHERE IN THE WORLD FROM PAYER TO PAYEE THE SYSTEM WILL EFFECTIVELY ACT AS A LEDGER TO LEDGER TO ACCOUNT ( LEDGER TO LEDGER ACCOUNT =IS WITHIN YOUR BANK-IF YOU TAKE MONEY OUT OF YOUR ACCOUNT AND PUT IT IN SOMEONE ELSE'S ACCOUNT IN THE SAME BANK THEY HAVE INSTANT ACCESS)
THE BLOCK CHAIN SYSTEM WILL ACT GLOBALLY JUST LIKE A LEDGER TO LEDGER ACCOUNT= INSTANT ACCESS FOR THE PAYEE, THEREFORE NO PILFERING BY ANYONE =BANKS, POLITICIANS OR OTHER THIEVES.
"The Iraqi banks also admired in getting additional steps to cover the legal demand of the U.S dollar in the country."
IF I AM INTERPRETING THIS CORRECTLY THE USA IS CONNECTED TO THEM VIA BLOCK CHAIN WHICH HINTS AT THE IMPENDING RELEASE OF OUR ASSET BACKED CURRENCY = GAME ON!!!!
FAMILY THIS IS SCREAMING AT YOU WHAT FRANKIE HAS BEEN TELLING YOU===== THEY ARE DONE, DONE AND DONE===== NOW THE =WAIT FOR THE PROCESS TO COMPLETE ITSELF!!!!!!!!!!!!!!!!!!
WHAT YOU WORRIED ABOUT WILLIS? PJ
NeeCee1966 » March 3rd, 2017
Any comments??? I just want to scream.....WHEN? lol
Cleitus » March 3rd, 2017
Cleitus » March 3rd, 2017
These guys are the "town criers" telling us of the impending news to come..., SOON!!! Get excited!
New System of CBI to Stabilize IQD Exchange Rate against U.S Dollar
31 mins ago by Iraq123 News Comments Off on New System of CBI to Stabilize IQD Exchange Rate against U.S Dollar
The Iraqi Central Bank has attributed the reasons behind the implementation of the new system adopted for the foreign currency selling procedures in order to manage and stabilize Iraqi dinar exchange rate against the U.S dollar.
A statement issued by the Central Bank of Iraq indicated that the execution of new system in the foreign currency selling window operation in the CBI piloted to a significant amount of decline in the U.S dollar exchange rate against the Iraqi dinar currency.
The statement further indicated that the new system has eliminated the middlemen and hackers after changing the requirements & actions. It would provide transparency and simplification in the operation of foreign currency sale window.
This new system will offer a new competition between participating banks in the foreign currency sales auction at CBI on the basis of agreement magnitude with the rules in order to fight against money laundering and terrorist financing.
The CBI statement also mentioned that success of the new system is linked to the cooperation of the Iraqi banks. The Iraqi banks also admired in getting additional steps to cover the legal demand of the U.S dollar in the country. The CBI targeted by the implementation of new system, new standards and rules in order to monitor transparency & clearness of the operations.
The statement also said that CBI has indicated these specific steps were taken in the light of economic & financial challenges and security conditions. The successful recorded monetary policy had absorbed a number of major shocks in the country.
The statement stressed the need to increase the oil prices and the termination of Daesh terrorist organization would reflect positive impact to support the financial situation in the country. It would provide a significant amount of relief to decrease the pressure on the monetary policy in order to provide greater stability for monetary policy of the country.
http://www.iraqidinar123.com/new-system-of-cbi-to-stabilize-iqd-exchange-rate-against-u-s-dollar/
DLR » March 3rd, 2017
New System of CBI to Stabilize IQD Exchange Rate against U.S Dollar
31 mins ago by Iraq123 News Comments Off on New System of CBI to Stabilize IQD Exchange Rate against U.S Dollar
The Iraqi Central Bank has attributed the reasons behind the implementation of the new system adopted for the foreign currency selling procedures in order to manage and stabilize Iraqi dinar exchange rate against the U.S dollar.
A statement issued by the Central Bank of Iraq indicated that the execution of new system in the foreign currency selling window operation in the CBI piloted to a significant amount of decline in the U.S dollar exchange rate against the Iraqi dinar currency.
The statement further indicated that the new system has eliminated the middlemen and hackers after changing the requirements & actions. It would provide transparency and simplification in the operation of foreign currency sale window.
This new system will offer a new competition between participating banks in the foreign currency sales auction at CBI on the basis of agreement magnitude with the rules in order to fight against money laundering and terrorist financing.
The CBI statement also mentioned that success of the new system is linked to the cooperation of the Iraqi banks. The Iraqi banks also admired in getting additional steps to cover the legal demand of the U.S dollar in the country. The CBI targeted by the implementation of new system, new standards and rules in order to monitor transparency & clearness of the operations.
The statement also said that CBI has indicated these specific steps were taken in the light of economic & financial challenges and security conditions. The successful recorded monetary policy had absorbed a number of major shocks in the country.
The statement stressed the need to increase the oil prices and the termination of Daesh terrorist organization would reflect positive impact to support the financial situation in the country. It would provide a significant amount of relief to decrease the pressure on the monetary policy in order to provide greater stability for monetary policy of the country.
http://www.iraqidinar123.com/new-system-of-cbi-to-stabilize-iqd-exchange-rate-against-u-s-dollar/
DLR » March 3rd, 2017
Those who try to do something and fail are infinitely better than those who try to do nothing and succeed - DM Lloyde Jones
"There is still much in life to be hopeful about and grateful for." —Jeffrey R. Holland
"There is still much in life to be hopeful about and grateful for." —Jeffrey R. Holland
