m-C
m-CBDC Bridge
crypto
N/A
Accuracy
Recent Predictions
Incorrect: 0
Pending: 13
Unrated: 0
Prediction
Author
Predicted at
Status
Video
The BRICS payment system is named m-CBDC Bridge (m-CBDC Bridge).
"now the name of the payment system the bricks recently released is embridge"
Jul 21, 2024
Pending
m-CBDC Bridge is a CBDC system developed by the central banks of Thailand, Hong Kong, China, and UAE with BIS assistance, first discussed in February.
"if you watched our first video about mbridge back in February you'll know that it's a cbdc system th..."
Jul 21, 2024
Pending
m-CBDC Bridge is a wholesale CBDC system intended solely for institutional use.
"embridge is a wholesale cbdc system and it's meant to be used only by institutions"
Jul 21, 2024
Pending
m-CBDC Bridge is built on an Ethereum-like blockchain called MBL, coded in Solidity and using the EVM.
"embridge is based on etherium in fact it's essentially an ethereum copy it uses a blockchain called ..."
Jul 21, 2024
Pending
Unlike Ethereum, the MBL blockchain used by m-CBDC Bridge is private and permissioned.
"the difference between ethereum and the MBL is that the MBL is private and permissioned"
Jul 21, 2024
Pending
m-CBDC Bridge is significantly faster due to its novel 'Dashing' consensus mechanism.
"embridge seems to be much faster this is because of its novel consensus mechanism called dashing"
Jul 21, 2024
Pending
m-CBDC Bridge aims to bypass the US-centric financial system, including SWIFT, intermediary banks, and the US dollar in foreign exchange.
"the primary purpose of embridge is to make it possible for its users to bypass the existing us Centr..."
Jul 21, 2024
Pending
Saudi Arabia has recently joined the m-CBDC Bridge system.
"this ties in to Saudi Arabia's recent decision to join embridge"
Jul 21, 2024
Pending
The number of central and commercial banks considering joining m-CBDC Bridge has reached 26.
"the number of observing members I.E the number of central banks and Commercial Banks considering joi..."
Jul 21, 2024
Pending
There is circumstantial evidence suggesting the NDB might integrate with m-CBDC Bridge, though no direct confirmation exists.
"although we couldn't find any concrete evidence that the NDB is going to use embridge the circumstan..."
Jul 21, 2024
Pending
The NDB's base in China, and the participation of China, Hong Kong, and UAE in both NDB and m-CBDC Bridge, suggests potential integration.
"the NDB is based in China recall that Hong Kong and China are two of the five participants in embrid..."
Jul 21, 2024
Pending
m-CBDC Bridge is currently in its early stages, with the recent launch being a Minimum Viable Product (MVP).
"mbridge is still in its early stages the recent launch was a minimum viable product or MVP"
Jul 21, 2024
Pending
m-CBDC Bridge enables countries to acquire commodities without relying on US-controlled infrastructure, offering independence from US influence.
"what Enbridge ultimately does is allow countries without Commodities to purchase these Commodities d..."
Jul 21, 2024
Pending