Every Hedera Hashgraph HBAR Skeptic Should Watch This Video.....

[00:00:00]Thanks Ronnie. Um yeah, just to reiterate um this was an immense piece of work that was conducted by all of the European and UK working group members.

[00:00:08]When when we started out on this journey, it was really I think it was about 18 months ago and it was actually Haid Jaffrey at EBS that kind of told us to get our act together and do something collaborative. Um so yeah, we said okay let's take take this challenge up and so we did. Um, and initially we started with the UK and Europe because it seemed easier, but actually in hindsight it was quite complicated. Um, and now we're in an environment where the US is ready for us. So I'm super excited about the work to come.

[00:00:35]>> Welcome back ladies and gentlemen. That was from the GDF, the Global Digital Finance Association effectively. And that was them reporting on some of the work that they've been doing in Europe and the UK with literally and we're going to look at this in just a second some of the largest financial institutions in the world. Black Rockck, JP Morgan, Morgan Stanley, they're all there.

[00:01:01]Now, the reason that we're playing and starting with this is because in this video I want to show you complete concrete proof that Hideera was used in this project. In fact, they even go as far as showing us the simulation that they did within this uh kind of sandbox in regards to tokenized money market funds and that Hadira was the chain that was used. So this is absolute concrete evidence. I think if you understand the ramifications of this sandbox and who was involved in it, the fact that Hadira was used becomes extremely significant. And there is no doubt despite the sentiment and and and price action that we're seeing in the cryptocurrency space. There is no doubt in my mind that Hideera Hashra is going to be one of those projects that power the future world that we're moving towards, the onchain world that we're moving towards. And to me, this is further evidence of that. So, we have played that clip and looked at it in more detail um previously on a previous video. I think this week gets a mention just within that clip, but we don't want to show you that one today. We want to show you the simulation that was done within this sandbox that shows that Hadira without a shadow of a doubt was used. Okay, we looked at the Bank of England's um work that they've done kind of independently. Again, Hideira used also. So, I think there's too many signs at this point to really just ignore them. This is what the individual there from the GDF was um reporting on. Uh GDF announces report an industry sandbox results for collateral mobility and tokenized money market funds in Europe and the UK. America is next and America up until recently hasn't been able to conduct a lot of this. Now they're kind of leading it. Um but this work has been carried out by some of the largest American institutions in the world in Europe and the UK ready for America.

[00:03:00]They've already piloted it here. The fact Hadira got used is a big step in the right direction as far as Hadira is concerned. Just just to highlight this in a little bit more detail. Um these are the sort of firms that were involved. There were 70 participating firms in the working group that included the S&P federated Hermes R3. We've interviewed Richard uh Brown from R3 great guy by the way. He coined the term, pardon the pun, CBDC's JP Morgan, Owen, Finastra, Lloyd's Banking Group, Hogan Levels, LEG, Racks, we've interviewed Graeme a number of times, BlackRock, State Street, ISDA, Ernest and Young, Commerce Bank, Fireblocks, Northern Trust, Apex Group, Franklin Templeton, and Goldman Sachs.

[00:03:48]So literally the largest banks and financial institutions in the world all took part in this and we're going to show you I mean we've shown you the clips and the kind of correlation between Oanera and Hideera Arch and Hideera um we know they've tokenized money market funds etc etc all these large financial institutions have worked on this sandbox and we're going to show you absolutely that Hideera was used in this just before we do talking about the GDF We released a report on this. Obviously, the background that you had there was Oanera. This is from Ammy Ben David, who is the co-founder of Owen, commenting on one of our posts. He said, "Good catch reel in crypto. But while the EU and UK sandbox completed, the US sandbox is even larger and still ongoing. Owen era routers are orchestrating the interconnection, the interconnect and in interconnecting, sorry, everything. So stay tuned for much more and more importantly the move from pre-production sandbox to production. So this is coming. Let's get into this clip that was presented by the GDF themselves that actually showcases how Hideira was used >> that are involved in today's transaction. So we have our fake hedge fund um ICCP we have zero beta who is doing the margin calculations. We have UBS doing um as as the swap counterparty to ICCP and therefore receiving and pledging collateral both initial and variation. Fireblocks is the technology the wallet technology underpinning um the infrastructure for the digital asset. The assets we're using in this simulation of State Street and Black Rockck which have been tokenized by Archax and they were tokenized on Hideera public chain.

[00:05:37]Um we're going to go through these steps which is the flow which is an initial margin, a variation margin which doesn't happen. Um and then we're going to have a termination and returning of assets um following that termination close out.

[00:05:53]Uh yeah, we'll go through it. Uh I I don't need to go through the actual steps. I think it's going to be important to actually see it live. We've sent this through to everyone so you can see all the individual steps as they occur. and then I think we get started.

[00:06:09]So just to confirm Rajat you're in your system. Okay, you're able to share your screen. Um so we are going to start the flows with a very simple initial margin.

[00:06:21]It sounds simple now because we've done it so many times already, but um the initial margin will be autoexecuted and this is going to get generated by zero beta um for the transaction to occur and kick off. So a trade has been entered into initial margin has been posted um and the wheels are running presumably in the background. You val a thumbs up that everything's coming through um we will start the process. So I will show the ICCP um admin and share that and hopefully then we'll see that initial margin has come in um in ICCP. So an initial margin amount has come in for you can see it's autopop populated for these two amounts of 500,000 of Black Rockck fund 500,000 of the State Street Fund. Um that's all there. If I look on the UBS dashboard as well, um there is also a similar initial margin that is pending from ironclad capital partners which is 100 uh sorry 1 million of uh the black rockck fund. So these are all executing in the background. I'm just going to refresh on ICCP's admin and you will see now that first 1 million is complete. So that one is where UBS is sent to ironclad um black rock funds of a million and this was all generated by zero beta's margin system and sorry this one is now completing as well. So let me just refresh on the screen. What's happened with this 1 million is ironclad has sent to UBS um black rockck fund and the state street fund in equal um weights. I play all of that because I may be losing some of you. But ladies and gentlemen, that is conducted on Hideera.

[00:08:24]I mean, this couldn't be more obvious the role that Hideera is going to play in this new world. Um, if I had Manson Leman literally coming out themselves and saying that they're part of uh the secret societies and, you know, they were destined to do this from inception.

[00:08:43]I mean, this is huge. really really is huge. I I understand that the crypto market is in a bit of a depression. Um but look, like everything in life, there's peaks and troughs. For me, I'm looking at where Hideera is today from a from a price point of view. And this is not financial advice, just my own personal opinion, as a huge opportunity um to be able to invest at such low levels when they come down. And I still think there's a bit more downside to come guys in something that I play think is going to play a fundamental role not just in our financial future but our digital future you know certainly when we talk about AI and all this I think that could be one of the bigger drivers actually for Hideira even perhaps more so than financial although they're very much intertwined. Ladies and gentlemen, that's it from me. Very excited to share this. Um, we've covered this in various capacity, but this is literally the GDF who are working with the largest financial institutions in the world. Um, actually piloting or showing you the simulations and pilots that they did.

[00:09:43]Hadira is a facilitator um in that. Um, and this is now, as we can reference with what um, the co-founder of Owen said, this is now going from pilot to production. Get ready, ladies and gentlemen. We're right at the start of a race, which is a great time to get on board with something. That's it for me.

[00:10:01]I'm going to love and leave you. Thanks for watching, everybody. See you in tomorrow's