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557 Swift To Build a Global Financial Blockchain

Slashdot
BeauHD @ Slashdot · today 09:00 EDT

Swift To Build a Global Financial Blockchain

Camembert writes: In a move that is sure to make Ripple nervous, traditional financial network Swift announced yesterday that it is partnering with Consensys and more than 30 global banks to build a blockchain based network that will run in parallel with its traditional network. Interestingly, unlike XRP, there is no native coin, rather it aims for interoperability (probably using Chainlink with whom the company did case studies for a few years already). There is also a strong focus on regulatory compliance

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