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DISINTERMEDIATION removes the middleman that fails to add value.
"The financial industry makes all of it's money from basically standing in between two or more people and taking a fee, a gatekeeper fee..."
2014: How Blockchain Technology Reduces Wall Street Risk & The Fallacy of Too Big To Fail!
@ReggieMiddleton discusses the Investment Banking Cartel…pardon me, the Investment Banking Industry.
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No comment…
NYSE announces tokenized stock trading platform. Wallstreet is going onchain. #tokenization #token2049
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Replying to @JillCastilla
@JillCastilla getting some Irish community banking props
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SIX DEGREES OF VERI:
KYC / KNOW YOUR CUSTOMER
KYC doesn’t have to mean surrendering control of your identity.
Receipts:
Veritaseum's ’566 family is cited by Civic.
Civic is cited by tZERO.
tZERO is cited by JPMorgan.
That is a real citation trail.
What does that suggest?
Maybe the future of Know Your Customer should not be a world where banks, exchanges, or institutions own the keys to your personal data.
Maybe the better model is this:
- You hold your identity.
- You control access.
- You decide who can verify what.
- You revoke access when you want.
They verify what they need, without owning your life.
No more honeypots for hackers to attack.
That is the bigger idea here.
Not just compliance.
Not just KYC.
But a different architecture for trust, privacy, and control.
If the foundational tech points toward peer-to-peer value transfer and low-trust / zero-trust systems, then it also raises a serious question:
Why should JPMorgan control your KYC data?
Why should anyone else?
Maybe they shouldn’t.
Maybe there is a better way to store, attest, and share personal data, where the individual stays in control.
That’s what makes this SIX DEGREES OF VERI so interesting.
A citation trail is not proof of infringement.
But it can show where the ideas went.
The element of truth, verified.
SIX DEGREES OF VERI: AUTOMOTIVE
We wanted to see what a foundational patent looks like.
This road trip reached Ford and Toyota in two.
VERITASEUM ’566 FAMILY -> ALLSTATE -> FORD
VERITASEUM ’566 FAMILY -> ALLSTATE -> TOYOTA
Each arrow means “is cited by.”
First stop: Allstate.
Its granted patent US10341309B1 cites WO2015171580A1, an international publication of the ’566 patent family.
From there, the trail branches:
Ford - US10638281B1 Method and apparatus for shared telematics services
Toyota - US11961059B2 Information processing system, information processing method and non-transitory storage medium
Same middle node.
Two automotive giants.
Two documented citation paths.
No GPS required. Just follow the references.
Name an industry. Follow the patent trail.
The element of truth, verified.
---
A citation trail is not proof of infringement, licensing, or implementation. It documents a connection in the patent record.
Vetest News Network retweeted
Replying to @RWAFoundation_
Fixed it for you:
All roads lead to Veritaseum.
Stocks, funds, credit, treasuries, commodities, real estate, cash and deposits & more.
#PatentsMatter
🤖 Made with AI
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WTF is Samizdat?api.vetest.app/api/newslette…
VNN now all Telegram with all the updates from VeTest join the conversation t.me/VeTestNewsNetwork
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What's going on with the moon? api.vetest.app/api/newslette…
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SmartMetal Wallpaper #2
REMAIN
UNBREAKABLE.
New Mobile Wallpaper.
What can your SILVER do?
Visit @QuantumMetals for more on VERI SmartMetal.
More to come...
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You’ll never believe which IP is needed for this.
Block has joined the x402 Foundation, an open standard for agentic payments, to help build the rails that will let people, businesses, and agents pay and get paid.
We’ve also contributed Bitcoin Lightning payments, which is purpose-built for the instant, low-cost, high-volume payments that agentic commerce will depend on.
More here: block.xyz/inside/block-joins…
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Replying to @Zipgune
566 patent family may underpin both lightning network and x402
youtu.be/zFA0BisOWic
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"THE UNBREAKABLE"
youtu.be/uZainazNCH0
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Song and video available for download at
VeTest
vetest.app/
Ko-Fi
ko-fi.com/sovereignriz
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Jackson Press Powered by VeTest.app xitter.cf/i/broadcasts/1qKVmyLww…
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FUN FACT:
1/4 Canada’s banks are exploring tokenized deposits.
In July 2017, Veritaseum pitched TMX, a group encompassing Toronto and Montréal’s exchanges, a digital-asset exchange connecting investors to Canadian securities.
Coincidently, its lawyers date the SEC investigation to that same summer.
Reggie cooperated, supplied information voluntarily and demonstrated VeADIR to SEC staff over the two year investigation, at a cost of millions of dollars.
Needless to say this deal was disrupted, along with
- a signed MOU with the Jamaican Stock Exchange and,
- a signed Joint Venture agreement with the Nigerian Stock Exchange
Thread Below.
HUGE: 🇨🇦Canada's six biggest banks, managing C$6.24 TRILLION in deposits, are exploring tokenized Canadian dollar deposits.
The goal is to move deposits between banks more efficiently, paving the way for faster, programmable payments.
The six banks are:
1. Bank of Montreal (BMO)
2. Canadian Imperial Bank of Commerce (CIBC)
3. National Bank of Canada
4. Royal Bank of Canada (RBC)
5. Scotiabank
6. TD Bank Group
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"THE UNBREAKABLE"
Proof nothing is impossible.
A show of strength and unity from an unwavering community. Much respect to each and every one of you.
























