Ripple Beware! SWIFT is testing its own blockchain and the results are going “extremely well”

9 Mar

Ripple Beware! SWIFT is testing its own blockchain and the results are going “extremely well”

Source: Crypto News
Ripple Beware! SWIFT is testing its own blockchain and the results are going “extremely well”

SWIFT

SWIFT is the world’s most important interbank messaging platform, and it has just published a report in which it announces the preliminary results of a technological project that seeks to implement the use of Distributed Ledger Technologies in payment processing and provision of liquidity solutions to its customers. 

With more than 11,000 institutions connected via its technology in more than 200 countries, SWIFT is the most trusted international interbank payments intermediary. Virtually all international banking transactions go through SWIFT: it centralizes information, processes the transaction and ensures safe execution of the operation. But its technological design …

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