WFX (The Worldwide Futures Exchange Project) wants to bring the future to the present. WFX, composed of FXE and TheSmithMatrix, will allow every financial exchange in the world to specifically place their exchange identified finan...
See More cial and commodity products on the same global WFX blockchain platform and trading pattern.

The Worldwide Futures Exchange Project (WFX), in resetting the mathematical paradigm for global commercial pricing in a way that will lead to a revolutionary global barter system, intends to accomplish the following:

WFX will build an innovative decentralized global blockchain distributed ledger technology (DLT) ecosystem called the Financial Exchange Ecosystem (FXE) that will entice conventional exchanges and certain crypto exchanges, which are presently required to operate on digital software, to transfer their exchanges onto a more flexible and more secure, immutable, and less expensive decentralized self-clearing FXE blockchain ecosystem. The proprietary SmithMatrix trading pattern will allow all financial and commodity exchange products around the globe to trade under a common denominator on the same blockchain platform.

WFX will:

1. For the first time create the ability to transfer trillions of Dollars of daily global currency trading from over the counter to a regulated exchange via TheSmithMatrix.

2. For the first time give underdeveloped countries a seat at the global financial table via FXE and TheSmithMatrix.

3. Create direct conversion between currencies instead of having to use the expensive USD as an intermediary - all via FXE and TheSmithMatrix.

4. Dissolve the challenges of cross-border trading by eliminating most of the clearing houses around the globe in favor of a self-clearing DLT FXE.

5. Create a new and workable global barter system by monetizing everything through FXE and TheSmithMatrix thus geometrically increasing the GNP of the world by geometrically increasing a new combination of money supply.

The above is a huge challenge and something nobody to our knowledge is presently attempting and which is not presently possible under existing technology. But WFX intends to develop the technology to make it all possible.

Copyright 09-02-2022 by Richard Griffiths Smith Jr., 1467 Atkins Ave, Apt D, Lancaster, PA 17603, USA. Phone 609-954-5040. [email protected]