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"The launch of FED Now and its technology"

There is talk of the launch of FED Now in the United States, a system that allows you to send money quickly and without delay. It is mentioned that FED Now uses a digital technology similar to blockchain, but it is not a CBDC. Reference is also made to the relationship between FED Now and Ripple.

FED Now launches in the US market, allowing you to send money quickly and without delays.

It uses a digital technology similar to the blockchain, but it is not a CBDC.
It is mentioned to be similar to Ripple, which recently got into trouble with the SEC.
It does not use blockchain technology nor is it a CBDC, but instead uses the Quantum System controlled by the United States Federal Reserve.

The global impact of the application.

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The global reach of the FED Now app is discussed and how it might affect international transactions.

The app is expected to be used initially by US citizens, but will eventually reach other countries like Mexico and Argentina.

The possibility of sending money instantly from Spain to Panama in a matter of seconds opens up new opportunities and challenges.
The idea is raised that eventually all businesses in the world accept FED Now as a form of payment from the telephone.
This could turn the United States into a digital superpower and break boundaries in terms of dollar supremacy.

The price of connectivity and control.

Ponder the implications of using FED Now, including the increased control that comes with it.

SUMMARY

It questions whether we're willing to pay the price to use FED Now, despite its convenience to send money almost anywhere in the world for free.
Questioning what will happen to companies that handle money on paper and whether they will disappear or adopt this technology. It should be noted that although the digital portfolio offers technological advances and connectivity, it also implies greater control by financial institutions.

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