ISO-20022 - Cosmos Ecosystem Financial Messaging Standardization
CHANGE LOG: 2023-10-06T05:00:00Z - Add Mastercard Patent 2023-12-14T19:18:00Z - Add the difference between objectives Mastercard - form central authority => blockchain Mine - from blockchain => central authority 20230196345 (uspto.gov) Was doing some preliminary research to get some inspiration to write a patent for this method and process I open sourced to the community here- specifically to write it more descriptively. I had already told someone else the rest of what was required - to have a server listening for the events on chain with conditionals that would send the transactions to the necessary regulatory body in the bounds of whatever parameters described. For example, transactions over $12,0000. Obviously if banks are acting as custodians onchain they would want to run their own server to capture the events for their clients transactions. I knew this same method could be used in a tradtional architecture to add the messaging standardization. Was going to write the patent and then opensource it, but I spoke with a lawyer that was in my city talking about crypto and I told her about this solution for crypto at this event . ISO-20022 is the…
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