Geopolitics Prime

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📑📈 World Bank quietly launches ‘digital wallet implementation’ guidebook The world’s premier development bank/enforcer of the Bretton Woods world economic order just put out a policy note providing national governments and bureaucracies with “practical guidance for deploying digital wallets at a national scale,” and not a single mainstream news outlet has mentioned it. The guidebook, available on the Bank’s ‘Open Knowledge Repository’ website, outlines the recommended mechanics and technical means for deploying the wallets – a core component of the World Economic Forum’s broader digital control grid initiatives. A three-tier “ecosystem” is proposed, divided between issuers (governments, banks with the power to cryptographically sign credentials), wallet holders, and verifiers (banks, merchants, border control, etc). Specific technical guidelines are provided, both for web-centric workflows and offline payments. The Bank recommends the system’s phased deployment (private and public betas, pilot phase, broad commercial rollout and finally, cross-border interoperability). Urging issuers to make wallets free to ensure “digital inclusion,” the Bank insists that they “do not need to be mandatory,” and that people without smartphones should be given the option of “alternative form factors, such as ID chip cards holding digital credentials, cloud-based digital wallets, or even verifiable credentials printed out on paper without a digital wallet” (the inclusion of these options hints at potential de facto mandatory adoption). The introduction of digital wallets would solve a range of “problems” for proponents of this sort of control: the anonymity of cash-based, ‘off-grid’ payments, programmable money and financial geofencing, social credit schemes, and the elimination of independent banking, credit unions and cash networks. 👍 Substack | Chat | @geopolitics_prime

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