Blockchain – Cue for a SWIFT-er world

Blockchain – Cue for a SWIFT-er world

Even Erno Rubik
would feel like Edward Scissorhands here. In the global-payments space



Putting everything
on its right axis – speed, precision, real-time nuances, user-friendliness,
global ease, reliability, availability and unrelenting security on top of all
this – yes, easier said than done.



In the matrix of
cross-border payments, some cube always gets left out. It never adds up –
everything together.



That’s the gap that
is putting names like IBM,
Stellar and even Russia government in the same breath as SWIFT.



SWIFT or the Society for Worldwide Interbank Financial Telecommunication - The banking cooperative’s services tracing as far back as 40 years ago that spread to around 200 countries by ironing out kinks in payments. Y ...
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