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The Global Push For Blockchain Continues - Trillion Dollar Test Run By Big Banks

1,425 views · Published 13 April 2016 · 8:14 · Indexed 8 November 2026

Channel: World Alternative Media · 2016 · People & Blogs

Author and economy systems expert John Sneisen talks to Josh Sigurdson about how blockchain is increasingly being looked at by big banks in the push for a global currency among several other reasons. We at WAM brought you a step by step breakdown with the highly intelligent derivatives and economic trends expert Stephen P Kendal earlier on in 2016. The breakdown was the first of its kind. No where else could you find a more in-depth analysis on this subject matter. Since the mini documentary was published, the topic of blockchain derivatives have only grown in size and scope as big banks study the subject matter intently.
Banks such as JP Morgan Chase and Citi Group have just successfully tested a trillion dollar blockchain experiment on credit default swaps. This could continue to mold into something much larger as we spoke about in the previous video on the subject matter.
While it can be used for good, many are worried about the potential that it could be used by shadow banks to create a world currency. This is likely the future of economics in this increasingly mutating global financial market.
Stephen Kendal has spoken with major medias who refuse to talk about this subject until it's being implemented absolutely, however they're willing to throw harebrained theories around that have no chance of gaining ground. Isn't it interesting that the mainstream media will not touch this topic?
We at WAM feel it's important to get this topic out there to the public BEFORE it is completely implemented so people are aware of what it means and possibly so the people can have a say in the matter.

We once again thank Stephen Kendal for bringing this issue to us. His work is potentially historic in the grand scheme of things as the world changes around us. You can find Stephen on Twitter @StephenPKendal.

We will continue to update you on this subject as it becomes more and more relevant.

Video edited by Josh Sigurdson

Featuring:
John Thore Stub Sneisen
Josh Sigurdson

Graphics by Bryan Foerster and Josh Sigurdson

Produced by Rahim The Photographer

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World Alternative Media
2016

"Find the truth, be the change."