QFS Offshore Digital Currency exchange is the Interledger Protocol ISO 20022 for USD
The ISO 20022 standard is ideal for Offshore Digital Currency exchange and covers financial information transferred between financial institutions that includes payment transactions, securities trading and settlement information, credit and debit card transactions and other financial information.
The repository contains a huge amount of financial services metadata that has been shared and standardized across the industry. The metadata is stored in UML models with a special ISO 20022 UML Profile. Underlying all of this is the ISO 20022 metamodel – a model of the models. The UML profile is the metamodel transformed into UML. The metadata is transformed into the syntax of messages used in financial networks. The first syntax supported for messages was XML Schema.
ISO 20022 is widely used in financial services. Organizations participating in ISO 20022 include: Algorand, Ripple, FIX Protocol Limited (Financial Information eXchange), ISDA (FpML), ISITC, Omgeo, SWIFT, and Visa for Offshore Digital Currency exchange.
How does the quantum financial system work?
QFS is often stored and operated on satellite servers based on quantum computing. This is because QC is more secure and advanced, because of its pattern of processing. Quantum computing uses two or more quantum states together to create another state by firing electrons through semiconductors using a configurable pulse of light which results in the fastest state of speed. This is why quantum computers store much more information and deliver more speed than current state computers.
Typically, a QFS will assign a digital number to every dollar, euro or yen found in every bank account around the world and will then monitor it in real time. The physical GPS location between sender and receiver will be set up to provide unbreakable security. This means that you will be able to find out exactly where it went, when it was transferred, who sent it with your login information, and which account received it. The QFS AI will keep track of fluctuation and will manage all bounding conditions. This means that only AI algorithms are allowed to control the global financial network unless the highest level of approval is given.
Only gold-backed currencies that possess a digital gold certificate can participate in transactions through the QFS. The gold certificate will have a serial number as a reference on a piece of gold held in reserve to back the currency. It is impossible for it to be stolen or taken out of the secure vaults where they are stored. This is where the term gold-backed currency comes from- it needs to reference back to a piece of gold in the vault that is backing it.
Asset-backed currencies refer to currencies that are established based on assets within the country of origin. These assets are considered to be a justification to establish the amount of currency available in a country, but all denominations of currencies need to be placed within the QFS and must be given a gold certificate in order to stay active within the QFS. If the assets are mined or extracted from the earth, they will be sold on the marketplace as with any other commodity