ISO STANDARDS

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Some of the cryptocurrencies are listed as compliant with this standard. They are going to be standards within the cryptocurrency realm and it's likely for example in the case of the United States that they are going to be set by United States entities or entities that typically set United States standards. This entity which is the ISO standard typically does set a lot of Standards globally for many different things. They have a cryptocurrency standard called ISO 20022.

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An international protocol called ISO 20022 offers organizations in the payments sector a stable and safe mechanism to exchange financial messages. Banks and other financial organizations currently use the Swift Financial messaging system, which has been around for 50 years, to enable global payments.

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ISO standards are used in many different Industries. I think ISO is set in Geneva, that's the sort of headquarters of it. It is a global standard that is kind of come up with by experts in individual fields and it does give a degree of credibility or a higher likelihood of a cryptocurrency that is compliant with the standard and you already have financial institutions such as MasterCard and Visa that use ISO standards. If you have cryptocurrencies that are compliant with these standards, you will indeed or there is a higher likelihood of them being adopted and embedded in the centralized Financial systems. We know that the cryptocurrency market blockchain is revolutionizing finance whether it be payments to decentralized Finance whatever it may be. Ultimately, this is a standard that most people are unfamiliar with that is increasing the likelihood of these cryptocurrencies being used in a kind of mainstream Globally regulated payment manner.

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As a cryptocurrency investor, one thing that I certainly look for is real-world use cases. There are lots of cryptos out there that are just nothing short of tokenomics. Whereas some of the ISO standards and the cryptocurrencies have gone out of their way to be compliant, I think they have a good chance of being adopted by some of these big payment rails Banks and large institutions and they may do well in regards to price as a result of this.