The Kingdom of Saudi Arabia did not renew its 50yearold agreement with the United States on asking its customers to pay for Crude only in Dollars. KSA has also joined mBridge, a Blockchainbased Digital Currency System that is an alternative to SWIFT. What is coming next?
#PetroDollar #Dedollarization #SaudiArabia #UnitedStates #Dollar
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00:00 – Intro
01:30 – The dominating ‘Dollar’
04:11 – The 50year agreement
06:49 – KSA signs for mBridge
13:46 – China’s role
17:40 – Blockchain
21:42 Move towards DeDollarization?
25:28 – International importance of US started reducing
28:26 – Indian IT sector will get affected?
30:36 How do you see the gig economy reshaping in the near future?
33:19 Some say that there is no written agreement between Saudi and US
34:50 Is mBridge China's UPI?
36:49 Why couldn't India launch a system like mBridge?
39:38 – Where does Indian rupee fit in mBridge?
41:52 – Modi said property records will be noted on Block Chain
43:28 – Dr. Ankit Shah’s prediction on financial reset occur before time?