This article discusses four cryptocurrencies compliant with ISO 20022. These projects may significantly influence the future of financial technologies and integration with traditional financial systems.
Cardano (ADA)
Cardano (ADA) holds a strong position among cryptocurrencies compliant with ISO 20022. Its advantages include: - Seamless integration with traditional finance (TradFi); - Enhanced compatibility with existing payment systems; - Support for smart contracts, opening opportunities for financial innovations; - Increased institutional and regulatory trust. The ISO 20022 technology also allows for faster international transactions and reduces fraud risks.
Stellar (XLM)
Stellar (XLM) focuses on transactions between different currencies and has several key aspects: - Field-for-field data mapping that facilitates interaction among network participants; - Support for stablecoins like $USDC and $EURC; - Positioning for central bank digital currencies (CBDCs); - Proven practical implementation in African projects such as Yellow Card.
Quant (QNT)
Quant (QNT) offers innovative solutions for cross-blockchain communication. Key advantages include: - Support for multi-network applications (MApps) through Overledger; - Capabilities for tokenizing various assets; - Positioning as a universal connector for next-generation banking, including CBDC support. Quant is at the forefront of financial systems integration.
IOTA (IOTA)
IOTA (IOTA) is designed for the Internet of Things (IoT) and features several distinct traits: - Optimization for communication between devices using a DAG structure; - Integration of quantum-resistant cryptography; - Seamless integration with traditional financial systems for IoT payments. IOTA represents a unique solution for automated microtransactions and data exchange.
In the first part of this two-part overview, we examined four promising cryptocurrencies compliant with ISO 20022. These projects hold an essential place in the future of integrating blockchain technologies with traditional financial systems, potentially significantly impacting the financial ecosystem.
