OFF GRID WEALTH MANAGEMENT: THE DIGITAL FRONTIER

1. DIGITAL CURRENCY INTRODUCTION FedNow marks the introduction of a central bank digital currency (CBDC). This digital form of currency, often built on blockchain technology, is designed to enhance efficiency and streamline financial transactions. 2. CONVERSION PROCESS The program outlines a methodical transition for existing physical currency (like the US dollar) into digital currency. This conversion process ensures a smooth shift for both individuals and businesses, minimizing disruptions to everyday transactions. 3. EFFICIENCY AND SPEED FedNow aims to improve the speed and efficiency of financial transactions. Digital currencies can facilitate near-instantaneous transfers, reducing the processing time associated with traditional banking methods.

5