/biz/ - Business & Finance

Ask anything. I have a few minutes.

Palo IT France leaked Chainlink demoing SWIFT integration a few days ago: https://www.twitch.tv/videos/482730049

Biggest SWIFT Gathering (Sibos) coming Monday....this is no time to pajeet

>>15663580
Ever notice how they're such small amounts? What's coming derivatives? So 40 LINK may be enough for a multimillion dollar contract? Or some anons are saying $1000 is FUD.

over

https://www.finder.com.au/swift-announces-its-going-all-in-on-blockchain-and-open-finance

>SWIFT also announced that it's going to be pursuing an open blockchain ecosystem in which banks and fintechs can create and release their own finance-related apps for the benefit of consumers.
>"Our open approach enables a vibrant ecosystem in which banks can differentiate themselves by layering services and products to distinguish their offerings; in which FinTechs and other players can create and offer value-added services; and in which innovation is fuelled," SWIFT says.
>It sounds a lot like decentralised finance on the bank side.
>Part of this movement will be driven by the collective move towards ISO 20022, to serve as a standardised foundation on which the future can be built.
>"The significance of the move to ISO 20022 cannot be overestimated. It will enable banks to channel instant payments across borders and right through domestic systems, direct to end beneficiaries' accounts. It will allow smaller markets to internationalise faster and reach wider. And it will allow larger markets to enable fluid movements across the full currency "stack" within their markets – between banks and other payment providers, card schemes, RTGS and local clearing houses," SWIFT says.

Chainlink is ISO 20022 check the fucking pic related ! SWIFT just opened the fucking FLOOD GATES!!!!! EXIT ALL SHORT POSITIONS! THIS ISIT! THE GOLDEN BULLRUN INCOMING!

GUYS WE JUST MADE IT!! FFS!! PSD2 IS NOT A MEME!! THIS SEPTEMBER WE ARE GONNA BE RICH!!!

side note :
>Spare a thought for remittance companies, Ripple, Paypal and other payment companies. Simply moving money by itself was never going to be a sustainable product. As SWIFT said, it's do or die.

RIPPLE OFFICIALLY BTFO hahahhahahahh