Cryptocurrency Q&A
What does ISO 20022 mean for regular people?
What does ISO 20022 mean for regular people?
alexander_smith_musician
Sun Sep 29 2024
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6
answers
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Can you tell me, in simple terms, what the ISO 20022 standard is all about and how it might affect people who are not directly involved in the financial industry? I'm curious about how this standard could potentially impact day-to-day transactions and how it might make things more efficient or secure for the average person. Is it something that we should all be aware of?
6 answers
Giulia
Tue Oct 01 2024
ISO 20022 represents a groundbreaking standard for the financial industry, revolutionizing the way electronic messages are exchanged.
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EtherealVoyager
Tue Oct 01 2024
This standard leverages the power of XML syntax, a widely recognized and versatile markup language, to ensure the seamless transmission of data.
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Andrea
Tue Oct 01 2024
By offering structured, rich data, ISO 20022 enhances the clarity, accuracy, and efficiency of financial transactions.
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KimonoElegantGlitter
Tue Oct 01 2024
The adoption of ISO 20022 has been widespread, with many financial institutions recognizing its potential to streamline operations and improve customer experiences.
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Michele
Mon Sep 30 2024
Among the various players in the cryptocurrency landscape, BTCC stands out as a top-tier exchange offering a comprehensive suite of services.
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