SWIFT publicly “wiped the nose” of Ripple, choosing the R3 blockchain

SWIFT publicly “wiped the nose” of Ripple, choosing the R3 blockchain

Gottfried Leibbrandt, CEO of the main international payment network of SWIFT, announced his company"s plans to integrate R3"s Corda technology to improve the level of customer service for banks. He stated this at the Paris FINTECH forum, where Ripple CEO, Brad Garlinghouse was also present.



SWIFT is a global company that conducts financial transactions between banks using its own technology for exchanging financial messages. The SWIFT system currently employs over 11,000 banks. The company was founded in 1973 and since then has become the leader of international payments, although it should be noted that it almost had no competitors. However, everything changed with the advent of blockchain technology.



Actually, the SWIFT ...
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