Russia going to an alternative to the SWIFT system pt2
Some back story and missing pieces…
Back in 2014 it was announced about the BRICS system.. (Brazil, Russia, India, China, and South Africa) announced they were officially putting their own financial and banking system together. Which had already been in the works for about a decade. This was not to oppose the central banking system. It was to create an alternative from all the fuckery that is the Central Banking system. Basically the Central
Banks would pull some shenanigans. And the BRICS countries would create a different option…
Yes they are all in cahoots with one another,, however the notable thing about the BRICS nations is they seem to consistently make their financial choices with some maturity… They also consistently use defensive tactics. For instance where they want to make move forward, its announced, the central banks pull their shenanigans, and the BRICS make a move that the Central Banks cannot stop because its outside of the capacity to compute or understand.. Somebody in the BRICS has done some serious study of Lau Tsu’s book the art of war, and done the translations so the tactics work for big finances..
Around about 2015 China came up with their own version of a payment card called Union Pay. In China they have also developed an extensive system to pay with a phone, so virtually no cash or a card is needed. In Russia they came up with the MIR card, with is the same type of payment or debt card system as China is using. Both cards were implemented as an alternative to Visa and Master card. How much involvement Visa and Master card have in the Union Pay and MIR cards,, I do not know.. But am guessing the Union Pay and MIR card are convertible with the VISA and Master Card systems.
However when all the articles and data that came out about the BRICS financial system and the payment cards, were about them creating a payment system. There was speculation, but no specific information about the alternative to the SWIFT system. It was thought that the central banks were just morphing into the same drunk party girl with a different dress.. That the BRICS talked a lot but only came up with an alternative payment system.
Well,, there is more to the story that has just manifested..
While China has been busy creating an alternative system allowing for the transactions between Gold, Oil, and the Yuan to be convertible with one another. Also that cross border payments can take place between countries that does not involve the US dollar (do some research on what the petrodollar, or the global default currency system is if you are not aware of this piece).
Two other things happened. First: Russia got a seat on the board of the SWIFT system in 2015. There was a connected Russian entity that was created in the SWIFT system called the ROSSWIFT. Remember the structure of the SWIFT system is a Star networked system.. Meaning there is a central entity and all branches connect to the central entity. One note: Russia gained a seat at the 25 member SWIFT board, AANNDD Hong Kong lost one seat..
Second: Russia has been quietly developing an alternative swift system internally and behind the scenes called ED503 starting in 2014. At some point it was either renamed or transitioned to a system called SPFS. It looks like this was being developed and used internally within Russia for their interbank transaction messaging system (SWIFT alternative).
There is another system called CyberFT (that I just found out about), which kind of looks like will be connected to or replace the SPFS system. I do not have a lot of data about the CyberFT system, but am guessing it will allow for using the Blockchain. As well as the Hybrid Quantum communication devices that are currently being rolled out in Russia. One of the features of CyberFT system is that “Transmitted data is not accessible to the network provider”. There are some really big implications in all of this.
One of which is that if this new CyberFT system is what it seems it is,, it is going to be using the Blockchain. That means it is not just going to be handling the financial transactions.. It is going to be handling the non-securities being put on the blockchain. Like property and land titles, inspections for big equipment like Offshore drilling rigs or large ships, and tracking cargo.. This is still speculation at a behind the scenes look of continuing and significant changes happening..
So if you think things are not looking interesting,, guess again..!
This a comparison chart between SWIFT, SPFS, and CyberFT.
http://cyberft.com/about/comparison
yep. So the question is: will CyberFT run in parallel with ED503, or will it replace it? there are a lot of shadowy areas in this whole play out.....
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I had not heard of ED503 until I pulled this info.. This is not a light undertaking trying to bring this kind of alternative forward. My guess is this,, ED503 is the lab and beta development test. SPFS was the roll out of the internal messaging system. CyberFT is going to be the cross-border messaging system and the direct challenge to the SWIFT system..
Now the couple of questions on the table. Has the Central Banks tried to take this out or were they just not able to..
Going by the data this apparent layered roll out has been going on since 2014. That is almost no time to develop a solid system. The Russians and Chinese are good enough to pull a roll out of existing tech,, but they are not THAT good in coming up with something from scratch.. That takes decades for this kind of stability, on this vast a scope..
My guess is this.. People like Putin and Xi have swung a deal with a group of beings not from here. These being are handing over tech that will allow for this kind of system to move forward and will keep it from the fuckery of places like the central banks. In return People like Putin and Xi have to take significant steps towards systems that work for the whole (benevolent). They also get to keep playing their parts and have their toys. Putin and Xi have the experience in these levels of finance. No matter what its going to be messy and no one is going to like going through the mess..
This might be one of the reasons on the national level it looks like they are moving against something like the Cryptos one week then all of a sudden they do a 180,, Thats not like them,, they make very clear decisions, and stay to them. Esp China which always has the long term plan.
One thing for sure,, there is something going on behind the scenes..
But as Clif High pointed out,, is it a group like the Nemmo or the Anunaki..
If the journey I have had is any indicator,, its someone like the Nemmo....