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Hi and welcome you're listening to the X22 Report.
My name is Dave and this is episode 1369 and today's date is September 1st, 2017 and the
title of the episode is Putin warns the world of a major event that might unfold.
Let's get right into the economic collapse news.
Now yesterday we talked about how UBS was pushing towards the blockchain.
They have this blockchain project and they're getting many different banks involved and
what we're seeing right now it's going even further than that and there are the world's
six largest banks they've decided to join the blockchain project called Utility Coin
and that will allow the banks to settle trades in securities denominated in different currencies
without a money transfer.
What's worse the banks expect to begin live testing the project late next year so they
have already been working on this project.
Now the banks that are involved in this are Barclays, Credit Suisse, Canadian Imperial
Bank of Commerce, HSBC, MUFG and State Street.
They've teamed up and they're working with UBS and what's very interesting about all
of this is that the project managers say they've already involved representatives from various
central banks so the central banks are already involved in this project which is already
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