Quote from: JeromeTash on Today at 07:13:56 PM

Quote from: thegoatiest on Today at 12:05:23 PM

What do you guys think, is this an important FA to consider with crypto projects?

It's not important, especially to true decentralized cryptocurrencies like Bitcoin.

What's the point of decentralization then if ISO20022 compliance is all people look for in a good cryptocurrency.

Possibly people are still looking for some ground for security, since scam is rampant in a decentralized environment, they are into seeking a more secure environment to invest their money. It looks like only a few are ISO20022 compliant. With that, I also wanted to list the benefits of being an ISO20022 benefit .
Anyone who doesn't know ISO20022 (including me Grin

) can refer to this explanation

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WHAT IS ISO 20022
ISO 20022 is a multi part International Standard prepared by ISO Technical Committee TC68 Financial Services. It describes a common platform for the development of messages

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Some of the most impactful benefits of ISO 20022 adoption include:
Increased interoperability by supporting non-Latin alphabets
Messages can be grouped based on data components from different payment methods
Messaging can be used for a wide array of purposes, including domestic payments, cross-border payments, high-value payments, ACH, and real-time payments.
Increased data quality and automation will lead to easier fraud detection methods
Less human actions and more automation could lead to increased accuracy

You can also refer to this site^[1] for more information about ISO20022

[1] https://supraoracles.com/academy/what-is-iso-20022-and-how-will-it-impact-the-crypto-industry/