/biz/ - Business & Finance

>>15495258
So now we know officially and undoubtably that SWIFT gpi Link is an oracle service and its DLT/blockchain agnostic since they plan on being available to all sorts of platforms, lets try to find out who could be providing this service.

Navigating to https://www.smartcontract.com/ we see the image in pic related.

"We're proud to be working with SWIFT on their own SWIFT Smart Oracle. Allowing smart contracts on various networks to make payments, send governance instructions, and release collateral with over 11,000 banks."

Okay, so we know gpi Link is an oracle service and SmartContract.com is currently working with Swift on a so called "Smart Oracle"

The only question that remains is, how do we know the Proof of Concept was successful?

Well, it was very successful, confirmed by SWIFT themselves: https://www.coindesk.com/swift-gives-blockchain-platforms-access-to-instant-gpi-payments-following-r3-trial

From June 25, 2019: "Global interbank messaging giant SWIFT has revealed it will allow blockchain firms to make use of its Global Payments Innovation (GPI) platform for near real-time payments."

So there we have it, GPI Link is an oracle service that was piloted with the Corda DLT platform and will be rolling out for wider use in the near future, but when do we find out?

Here's a direct Quote from SWIFTs program manager Wim Raymaekers: "We will demonstrate the conclusions of the proof of concept at SIBOS in London in September of this year" (source: https://www.swift.com/news-events/news/swift-to-bring-benefits-of-gpi-to-dlt-and-trade-ecosystems))

Also note how familiar the logo for the "oracle service" looks in this R3 demo: https://info.r3.com/corda-settler

>>15495258
>>15495266
if you know you know, thanks for the breaakfast fuel to wage a few more weeks.

>>15495258
>>15495266
You;re still a subhuman tho.

Thomas told us in slack that basically you take an erc registered cat677 cable and use it to transfer data directly at the chainkink offices. The data goes to the smart contracts but according to the Ethereum Release Council only registered entities i.e. chainlink can possess these special 677 transfer and call cables.

>>15495258
As a fervent linker with a good sized stack (at least nowadays) all-in since 2017 I might be inclined to do my first big swingtrade incase there is no mention of any collaberation with Chainlink at SIBOS. The price will tank HARD, so much for us old farts hinges on the SWIFT partnership which was the OG partnership and started everything.

Disclaimer: In case SWIFT and CL aren't cooperating I still believe CL will be the future of Smartcontracts and useful for DeFi but I will SWING SWING SWING

Bro you need to delete this thread immediately. This is unironically the most bullish thing about LINK. If this is true (which it most definitely it) LINK is the spark of the fourth industrial revolution. Literally creating a new standard. If you are not dumping all of your spare cash into LINK you are a brainlet. Even if this fails it is the best shot of becoming a millionaire you will ever have. Unironically if what OP is saying right now is true thousands of NEETs will become millionaires almost overnight. In the grand scheme of things a handfull of millionaires added to the mix wont make much of a difference. Stinky linkies and fellow marines will live their lives in peace doing whatever it is that they want. This is all 100% based on what OP is saying right here. Screencap this whole goddamn thread, its going to be epic

my fear is that they dont even mention chainlink at sibos, even if they are going to use it

we"ll bleed for another year

Discord tranny fud inbound. "Like next month". September

>>15495357
we're going to be fucked if LINK gets no mention at sibos, the team isnt going either but Im hoping thats not the case

We are not gonna pump preSibos and dump to 60 cents during the event.

>>15495258

If this is true, that they did a POC with chainlink, then why is there no proof of the job on market.link... there's not even a "Swift gui Link" orscle on market.link either, face it. SWIFT made their own in-house oracle with chainlinks help and probably just paid them some money for it.

>>15495655
Because this shit is un-marketed to avoid the SEC raping smartcontract.com with an Unregistered Security claim, you absolute brainlet

XRPXRPXRP RIPPLE!

>>15495676
GIDDY UP

>>15495258
>>15495266
if this is true why am I still so poor

This is why I quit my job at the beginning if the summer, not because I made it or anything, but I'm not going to continue waging while the chainlink team danglea freedom in our faces like a carrot on a stick, im prepared to ve homeless i don't give a fuck, I'm done waging!!! Wether chain link moons or not I'm fucking done!!!

>>15495258
>>15495266
He doesn't say IT IS an oracle service. He says it manifests itself as one. Swift GPI Link is much wider than just crypto. Crypto is barely mentioned in most documents. But yes, Chainlink is likely the oracle in question.

>>15495258
Every indicator shows that Chainlink is assisting in swift creating their OWN oracle. Your 2nd post shows this too. Why is this relevant to Chainlink price point at all? Because an icon looks similar?

>>15495899
corda settler uses an xrp oracle too

>>15495908
>corda settler uses an xrp oracle too
This isn't even related to Swift.

Why do plebs think the people who make the images know everything???

swift created their own oracle. you don’t see the fucking forest while staring at individual trees an making connections. it’s literally stated they worked on their OWN oracle you fucking faggot. it’s not gonna be mentioned as much as we want it to be true, it’s just a whitelabel but it won’t be pumped if it’s not mentioned and more so it won’t utilize the public link network.
we are probably going to dump again but not too hard because everyone with half a brain already knows that sibos will be a nothingburger. if it was likely there is going to be something there we wouldn’t be still dumping every day and we would be a lot and i mean a LOT higher already. but there is zero evidence for a moon mission. no, the contrary actually

Taste of success!

thats really rude if they created their own oracle when chainlink has an oracle they can use.

>>15495899
Chainlink is a network of oracles

>>15496042
why would it be rude ?? they’ve worked together and probably have sergey either money or business connections as part of their innotribe relationship. where do you think all the connections came from ? you don’t think it was sergey on his own right ? calling google and shit telling them about oracl problm. that’s not how it fucking works. in turn sergey gave swift the technology he built for free. this is most likely how it went down but yeah if i’m proven wrong i’ll be happy since i’m balls deep into link myself.

Why do intps second guess themselves? This is the source of the fud

>>15496089
why do intjs don’t ? that’s the reason why they create things and stubbornly good onto them never realizing it’s not going to work. also why people hate interacting with them because they are the epitome of cant be wrongs and know it alls.

why isn’t the team at sibos ?
why is there no insider pump?
why is there no usage on the network from swift while gpi is working already?
why why why you faggot discord echo chamber jerk offs?

>>15496139
>>15496089
>>15496070
no responses in this thread anymore, how typical

>>15496631
Cause no one gives a shit about you. :)

>>15496631
wont lie looking at the trading graph people are panic buying so its not another low close volume pump goes to 1.77 volume drop establishes mfw

>>15496691
strange how just after open and near alltime lows it gains around 150k in volume but on the standard daily decline it drops

>>15496713
is almost like somebody is trying to stat pad with the same 150k getting in in the morning then weening it off throughout the day then re buying before close for "minimum losses" lmao

What even is an oracle. Why am i investing in dead Greek thots

>>15496713
>24 hour market
>just after open

>>15496749
>not understanding that standard trading times apply for traders even on a 24hr market
i should have said at the start of normal western trading times and at the end?>

>>15496798
Yes because china and korea don't gaf about you white devil

>>15495899
Because of network usage.
Thing is, while Chainlink is an oracle, it's real use is as a transport/security layer for oracles. People will build their own smart oracles on top of the network eg provable. So Swift can have their own oracle, the "Swift smart oracle" and still be using Chainlink. Just like cryptlets will be, and everything else too.
Chainlink is like a highway basically

Literally just one fudder on multiple IPs here.

https://www.smartcontract.com/
>We're proud to be working with SWIFT on their own SWIFT Smart Oracle. Allowing smart contracts on various networks to make payments, send governance instructions, and release collateral with over 11,000 banks.

https://chain.link/
>We work with Banking Technology Leaders like SWIFT, helping connect banks to smart contracts with Enterprise Grade Oracles.

Both statements, paired with the explicit use of the SWIFT logo, outright describes an active relationship between LINK and SWIFT. If it was only the POC back in 2017 (which both statements link to) with no relationship since then, those statements would be false. They would have to read "We are proud to HAVE WORKED with SWIFT..." and "We WORKED with Banking Technology Leaders like SWIFT..."

SWIFT treat the use of their name and logo seriously:
https://www.swift.com/about-us/legal/ipr-policies/trademark-guidelines
>In particular, SWIFT does not authorise any use of its trademarks that might induce SWIFT customers to erroneously believe that:
>such third party is part of the SWIFT group or constitutes a SWIFT representative office,
>there is a partnership, joint venture or any other commercial connection between such third party and SWIFT,
>the third-party products and services are developed or supplied by SWIFT, under its control, or jointly with that third party,
>the third party was authorised, by licence or otherwise, to use the SWIFT trademarks,
>SWIFT is responsible for the quality of the third-party products and services.
>SWIFT is responsible for the quality of the third-party products and services.

>SWIFT reserves the right to take all necessary action against any use of its trademarks that does not comply with the present guidelines.

It's real and it was right there in front of our faces the whole time.

>>15496901
>"while Chainlink is an oracle"
Holy shit these are the people I'm chatting with? Read the god damn whitepaper. ChainLink is a system of Nodes made to store and trigger oracles that let smart contracts connect to offchain data. You just said Ford is a road.

>>15496028
>>15495899
What indicator faggots? Post just one link to this info.
You won’t because you’re the same faggot posting from multiple ips while lying through your shit stained pajeet teeth.

Take this how you want guys but I work directly with Corda and they will dominate over link. However, link has other irons in the fire that are not Swift. Swift and Corda are binded already and link are out of the conversation.

I’m pro link as much as the next anon but why the fuck are they not going to SIBOS if this was true.

>>15497151
This. Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth. Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons. Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story. The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes. In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team

Comfy as fuck.

Last year, anons warned me that the fud would become much more intense over time. That it would become very difficult to withstand the temptation to sell.
Well I must say, the fud nowadays is a fucking JOKE. The stupid shit that these pajeets are coming up with is just downright pathetic.
>durrr google is not using link, even though they explicitly said they are
>it’s extremely bearish that all the leading tech companies show enormous interest in chainlink, sell now!!!
>sergey is dumping this shit to $.10 and exit scamming

This stupid shit is less believable than the 2 man dev team and sergey backpacking in Thailand fud. It’s like looking up at a blue sky and having some brainlet trying to convince you it’s red

Listen closely fudders:

NEVER FUCKING SELLING
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F
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>>15497266
would you buy at this price?
im not even fud im worrid that you bag holder annons are going to make more bag holders only people who bought in below .50 are not bag holders at this point
>and all these annons haven't sold and re bought so clearly have no confidence in the coin

>>15497349
If I had a nice paying job where I could put money in LINK every week, I would be buying LINK at current prices. The reason I'm not buying is because I'm 19 yo uni student and I already have a 20k LINK stack which means putting in $100(about 55 LINK) every week is basically meaningless for me. I'd rather keep that money for other stuff since 55 LINK a week is fuck all to a 20k stack. If it was 550, it would be another story.

>>15497423
if you had put in 100 a week for the last 8 weeks you would have lost 600
sory to keep fuding on you

Chainlink is not an oracle, nor a smart contract platform, a coin, a blockchain, a “virtual lawyer” and so on
Chainlink is only that thing that hopefully will made all of this possible

>>15495258
High iq thread.

Bump for more discussion

>>15496680
no its because noone has an answer besides "muuuh you had 2 years DYOR" including you my uneducated bandwagoner nulinker friend

its funny how people dont think theirs anything wrong with sirgay sellin when it mooned
>saying they wont loose anything even if it hits 1$
>and telling you to keep buying
you would have to be blind to think this isnt a market correction even sirgay realised and made some bank mfw he will pump 3/4 of the profits back in over the next month to make it not look like a complete catastrophe
>o wait he already has

>>15495342
discord trannies putting in reps this afternoon

>>15495357
they won’t. and even if they did no one would give a fuck, it would be fake-pumped to 7-8 dollars then bleed out over 2020 and beyond until actual adoption takes place

>>15497258
This desu, it would be looong time known if there was some serious implementation. They have no problem mentioning corda ripple in their research/videos/partnership announcements but not chainlink ? Something thats supposed to be an important and a crucial part of their API data transfer ? Not a single mention of *decentralization* *decentralized network* decentralized oracle*. Do you really believe they will announce something at SIBOS ? It would be announced long time ago in form of a study or a paper for their partners and developers to research the network, understand the implications, use cases etc... Such a huge organization wont suddenly start yelling CHAINLINK CHAINLINK CHAINLINK at their conference ffs...

Prepare for pic. related because that will be the reality post SIBOS, prepare for that and manage your expectations... Screen cap this.

>>15496996
>their own SWIFT Smart Oracle.
/thread, time to go home you delusional faggots

>>15498050
I can’t wait desu. I want to see it tank all the way under $1 so I can buy my 100K stack and chill until 2025 when legacy systems finally catch up to what Chainlink is trying to do. I bought at 30c and will sell everything if it touches 50c. No big deal. Thank fuck we got in early those of us who did...

>>15498135
>when legacy systems finally catch up to what Chainlink is trying to do.
Do you realize link is connecting legacy systems to the blockchain..right? you cant be this stupid, thats just not possible

>>15496997
He isn't wrong. You have a node which is seperate from the oracle. The oracle, sometimes referred to as an "oracle contract", is a contract with a set of functions that a node can perform through the blockchain.
Think of me running a script in Python for example, this does not prevent me from running other scripts. You have a script that is associated with the Oracle itself called the Oracle Contract, (setting permissions, renouncing ownership etc) and then you have other Oracle contracts, such as the link testnet oracle contract, which allows you to view link blaance, check eth price.

>>15498154
No they’re not. They’re positioning themselves to over the next decade. Don’t get ahead of yourself faggot.

>>15498170
you truly are a retard

>>15495266
Have you ever wondered why they wrote specifically "their OWN swift smart oracle" and why this is written on smartcontract.com (the company) and not on chain.link? Yeah, the shadowfork was not a meme. The best we can get is a collateral pump but nothing special, no singularity, the end. This shit will take years to take off, meanwhile the crypto bubble will pop. We bought high, the biz way. Feel free to argue with this post but you fucking can't

>>15498224
SWIFT is on chain.link as well.
and the crypto bubble popped 1.5 years ago, we are past that bullshit

i dont give a shit about all this technical jargon? all i wanna know is when am i going to be rich. Its been 3 years now.

SCAMGEY NAZEROFF AT IT AGAIN!! ENJOY THE SLOW BLEED NIGGERS

I may not have managed to get my 10K in time but I managed to get over 6K, so I've got that going for me.

>>15495258
I am all in link and never selling but nothing will happen or be announced this year at sibos.

>>15498308
>he's only been in link for 3 years
never going to make it nulinker

>>15497151
info.r3.com/corda-settler

>hmm

>>15497349
If I didn’t have any link, I’d buy. But I already got my stack, and as >>15497423 said, it makes more sense for me to just hold what I have instead of continuing to buy

how many link to get rent free?

>>15497423
>Yea man, 55k a week is worthless bro.

>>15497151
Did Corda build an in-house centralized settlement oracle?

>>15498601
>reverse discord tranny

In since late 2017 and I doubt we'll hear anything from SIBOS. Still too early. But doesn't really matter with all the other good stuff that's happening.

>>15498816
Na, he is talking about the ripple gig. But seems he does forget to mention that R3 and ripple went through a court case because ripple scammed the shit out of them, and not to forget that the board of swift decided against ripple.

>>15495266
>"We're proud to be working with SWIFT on their own SWIFT Smart Oracle.


Question:

From this statement here:

"We're proud to be working with swift ON their own SWIFT Smart Oracle....."

How do we know that Chainlink didn't help build SWIFT an in house non decentralized Smart oracle seperate from Chainlink?

Yes, im leaning and hoping it is a Chainlink oracle but it could easily be a SWIFT owned operated solution. BUT, maybe a solution that connects and works with Chainlink.

thoughts?

>>15496901
>Because of network usage.
Thing is, while Chainlink is an oracle, it's real use is as a transport/security layer for oracles. People will build their own smart oracles on top of the network eg provable. So Swift can have their own oracle, the "Swift smart oracle" and still be using Chainlink. Just like cryptlets will be, and everything else too.
Chainlink is like a highway basically


Ah, this answered my question. Thank you.

>>15499086
The whole value behind decentralized oracles is the network.

>>15499196

Yes, I can see that.

So basically, Chainlink worked with SWIFT to create nodes/oracles to link into the Chainlink network?

>>15499086
its in house OBVIOUSLY

>>15498816
>>15498782
>>15497151
Yeah, it seems a hexagon has been come the de-facto standard for oracle logos.

>>15496996
>on their own SWIFT Smart Oracle.


retards.

>>15499485
What are they supposed to use their own Oracle for? Why would they need help from the Chainlink team to build that?

>>15499539
There's a talk a while back Dr. Nazarov gave in the Valley of Silicon where he said that he intends for every off chain resource to have its own Chainlink. Do you understand what that means?

>>15495266
$1000 EOY is FUD

dr;ns

>>15499539
Chainlink is their Oracle, has been all along. Chainlink is basically a subsidiary of SWIFT . AB told you dumbasses that at least a year and a half ago. It's the main reason those with big fat fucking stacks bought in to begin with.

>>15500409
Was wondering when a patrician would show up to remind the plebs

>>15500409
Who the f is AB?
And don’t tell me to DYOR

My best,
Anon

>>15501130
>And don’t tell me to DYOR
Don’t tell us to not to tell to to DYOR you useless faggot

>>15501130
Blessed Assblaster. Now read the archives and don't come back til you've DYOR

>>15501130
AB? He's Jason Parser's best friend.

>>15501130
AB is adrien broner. He’s a very intelligent boxer who also researches smart contracts

>>15500409
>It's the main reason those with big fat fucking stacks bought in to begin with
I will admit his larp was one of the bigger factors in me DMOR and going basically all in. Now I'm sitting on fat stacks super kampfy.

>>15500409
How can something that doesn't even have a finished product be a subsidiary of swift?

>>15501254
>startups roll out with a finished product

>>15501254
I genuinely can't tell if people like you are genuinely dumb, misinformed, uninformed, or larping as one of the above. What say you

>>15501273
Chainlink doesn't even have staking or penalty contracts, how can a startup with no functional product be so important? Why didn't swift contact sergey after they were 100% sure the product would be delivered and fully complete?

>>15501286
Can you please answer my question?

>>15501195
Didn't that have something to do with that Paul Walker fiasco?

>>15501313
yeah the paul walker and eric holder thing, pretty fucked up tbqh

I'm tired of this 1.80 crap

>>15496070
>>15496098
>>15496139
>>15496631

>>15501130
>Doesn't know who AB is
god the state of this board. Go back to /pol/ or whatever shit board you migrated from

>>15496997
Get a load of the brain on this one!

Who has the Assblaster threads? I know one of you NEETs saved them.

>>15501254
Watch and see fren, watch and see. You dumbshit newbies know anything about how the ICO went down? Do you know about the successful POC by Link for Swift right before the ICO? Do you ever wonder how the hell some dude named Sergey who really doesn't appear to be a big deal continuously got a seat at the table for conferences with high profile people in business and finance wearing fucking sneakers and a flannel shirt at every event when Link was worth 15 cents and barely in the top 100 in market cap? 11,000 Banks have a lot of money and we all know the rich get richer. Let that sink in ladies, Sergey has been backed by SWIFT since day one and we are so lucky to have found a way to tag along with those wealthy bankers who are gonna make so much money off Link they are all walking around 24x7 with erections. I consider myself blessed, remember to give your 10% back for those in need brothers. Thank you AB, hope to buy you a drink some day.

>>15499086
>How do we know that Chainlink didn't help build SWIFT an in house non decentralized Smart oracle seperate from Chainlink?
Contradictory fud is the best fud
> Link isn't decentralised yet, they haven't solved the oracle problem. Sell now!
> Link isn't being used by swift because the link team helped swift build its own decentralised oracle solution. Sell now!

>>15503025
I went to the ra tard olympics once and it was awful. Have you ever heard someone explain how the long jump works to a bunch of retards? Motherfuckers just run across the line and it comes down to who took the longest step over the line. I dunno if they just decide not to jump or zone out during the 5 second explanation or what. They trained for this event mind you.

>>15503179
This truly is some satanic, anti-logos bullshit. The kikes pushing this kind of events deserve the rope.

>>15503287
Oh you're preaching to the choir, brotherrrr.

>>15503287
> The kikes pushing this kind of events deserve the rope.
Don't worry, link is going to sort out our merchant friends.

>>15495948
>This isn't even related to Swift
>>15495266
>GPI Link is an oracle service that was piloted with the Corda DLT platform
Basically looking like a ripple Oracle. Ripple is working with R3 and Corda much more than chainlink.

>>15503623
Except Swift CEO kicked Ripple to the curb months ago. Kek

>>15495292

We're gonna be so rich it's unbelievable.

>>15503025
This fuckin webm, god damnit thank you marine

Ok bros but the fact that link team wont be attending sibos is very concerning

>>15503796
how do you know they won’t?

>>15503845
Because the team has said they won’t on telegram. It’s been months and you fags are out here still trying to convince yourselves that gpi link has anything to do with CL

>>15503796
Link has no connection with Swift at all other than winning some PoC competition 3 years ago. Link bagholders are desperate as fuck

>>15503887
Okay retard

>>15503887
> Link has no connection with Swift at all
This has already been debunked in this thread with the wording of their relationship with swift on their website. There is a connection, the question is what is it.

>>15503025
This webm is you

>>15503845
Because quant is going and link isnt

>>15503929
Its a common misconception that businesses have connections like partnerships with each other. I use paper at work and a computer but my company isn't partnered with them. We don't have to censor their brand though so it's the same here. They just know of each other. Lern2biz

>>15503887
we should be encouraging them to keep buying

>>15503287
Have you seen this?
https://youtu.be/EFS1ZyizFk8

>>15503961
>connections like partnerships with each other
>>15503887
>Link has no connection
You are the one mentioning partnership retard. Also your opening statement is the height of retardism. "Common misconception" Right.

To recap : this is you
>>15503025

i cant believe how many newfags are here and how many times things need to explain.

Did Read, Not Selling

>>15496028

I don't think you understand. Chainlink is not an oracle. Chainlink is a consensus and security layer for nodes (oracles) to participate in. Swift being an oracle =/= Swift being a consensus infrastructure like Chainlink is. It is possible for them to be an oracle and use chainlink. You are making a categorical error.

what's gpi stand for

>>15504356
Global Payment Initiative

>>15504246
Hey if link want to do product placement by having swift on their site its probably just that man product placement. Like you probably drink onions milk and use apple and love telling people about it. Same thing.

>>15504356
Gpi stands for gay and proud incels, this is 100% chainlink

>>15504347
Yeah man like Sergey he's a smart guy. He rode the swift brand promotion thing for awhile and now he's doing the same thing with libracoin.
>>15504499
Checked finally some fucking good information

>>15504491
>Hey if link..
Are you going for "Noone announces they use HTTP when making a website". I really can't tell with your broken English.

>>15504517
Sometimes things are just too difficult to grasp aren't they???

>>15503179
kek

bump

>>15497151
>>15503623
>>15498816
>>15498782
>>15498050
>>15495908
>Corda

Corda Settler is a project that aims to process ALL types of settlements, meaning legacy transactions (fiat, financial instruments, ...) as well as crypto.
They picked Ripple as their first example of crypto because of two reasons:

1) Corda have an ancient agreement (with a lot of troubled history btw) with Ripple, meaning they have a ton of XRP on their hands.

2) Ripple made that oracle for XRP way back in 2014, and literally all it can do is relay the price of XRP (i.e. a single-use, centralized oracle from the dark ages of oracles). So it was convenient.

This latter point tells us one huge thing: Corda will rely on external oracles for its crypto functionality, going for the most convenient solution.
And as soon as they want to add more cryptos to their Settler product, they will once again choose the most convenient oracle solution, which will be the universal standard in oracles.
Two guesses whom that will be.

>>15505189
>>15503659
I hope you anons are right. I cant stand ripple and dont want their grimly paws all over future finance.

>>15499086
>>15499266
>>15499262
Even if all Chainlink is doing with Swift is giving them their very own separate oracle; you have to realize that such "centralized" oracles are definitely also part of the Chainlink ecosystem.
Chainlink is all about options and (third-party) customization, and users should definitely also have the option of just using ONE oracle.

That said; look at pic related, which was the main slide in Sergey's 2017 Sibos presentation.
Notice how there are Chainlink oracles between:
1) the banks and the "market rate smart contract"
2) S&P and the smart bond
3) the smart bond and Swift (in both directions)
And I'm pretty sure there's supposed to be one between the "market rate smart contract" and the smart bond too.

These are multiple different kinds of sources, and each of these may choose to apply their own preferred Chainlink oracle node, with their own reputation history and staking system.
Not to mention the computational load.
There is very little chance "Swift's own smart oracle" will be able to fulfill all of these different roles, given the large variety of data providers.

>>15505320
>>>15499086
>>>15499266
>>>15499262
Not to mention if Swift really had its own proprietary Chainlink node, the marketing effect from that would be immense.
Just like famous athletes don't pay for their own shoes, but people buy more because they see them on these famous athletes.

>>15496028
No shit retard. Chainlink LINKS oracles. Chainlink isn't a fucking oracle. It's a solution for oracles to use you fucking idiot.

>>15505189
>>15505320
>>15505327

You really think for some reason that banks and swift will use an oracle network thats feature is writing to blockchain even if they arent using blockchain?

The internet provides data and API accees. Why wouldn't they just say the fucking internet is how you use our API? Like every other API. Why us an oracle network if you aren't using blockchain.

You linkies haven't thought that part out have you

>>15505410
What are smart contracts

>>15505431
buzzwords...>>15498050

>>15505410
>>15505437
Buddy, Swift specifically asked Chainlink to make a "smart bond" for them (which is something they've been wanting since long before Chainlink).
That's a bond powered by a smart contract.
You need blockchain to do smart contracts.

Chainlink isn't for doing API calls; banks are doing billions of API calls every day.
Chainlink is for transferring API calls to the blockchain in order to power smart contracts.

And also this.

>>15505532
> No hyperlink
Hmmmmmmm

>>15505538
Also this

Bonds are an ideal way to raise short term capital by issuing debt to be paid back at a later date. Bond contracts can be replicated as an automated decentralized trustless smart contract. Chainlink can payout bonds in fiat currency, but remove counterparty risk because payments will automatically trigger based on decentrally verified data like LIBOR rates. Chainlink has already demonstrated such capability through a POC with SWIFT where it collected interest rates from five major banks, aggregated them into a single rate used by smart contract, then issued an interest payment in the form of a SWIFT payment message.

https://blog.chain.link/44-ways-to-enhance-your-smart-contract-with-chainlink/

>>15505538
https://careers.chain.link/o/head-of-product-management-global

>>15505556
As in there is no hyperlink for swift.
>>15505553
Its a good use case no doubt.

As a node operator, it is in our best interest for the mkt price of 1 LINK token to be as LOW as possible. Hear me out.

My node is getting hundreds or maybe even thousands of jobs a day.

1 job/call will cost the user let's say $0.60 or approx 0.33 Link at current rate of $1.80 LINK.

1000 jobs would mean the node operator receives 330 link (valued @ $594) when link token is @ $1.80

Imagine the link token trades at $15. This means the same 1000 jobs will still bring in $594 for the node operator however that $594 would be equivalent to 25 Link tokens.

Now let's face it. The end game is to acquire as many of these shiny little cubes as possible until a huge price discovery occurs.

Do you not think it's in the node operators best interest to keep the link token price as LOW as possible for as long as possible.

A huge portion of team tokens are earmarked for node operators so don't for one minute think we won't have enough tokens to flood the market, driving down th3 price while accumulating huge stacks.

The power is with the node operators. I hope you faggots realise this.

>>15505463
Again, They have no problem mentioning corda ripple in their research/videos/partnership announcements but not chainlink ? Something thats supposed to be an important and a crucial part of their API data transfer ? Not a single mention of *decentralization* *decentralized network* decentralized oracle*. It would be announced long time ago in form of a study or a paper for their partners and developers to research the network, understand the implications, use cases etc... Such a huge organization wont suddenly start yelling CHAINLINK CHAINLINK CHAINLINK at their conference ffs...

>>15505809
Chainlink is a layer deeper than Corda.
Corda's crypto functionality will run on oracles.

>>15505553
how do you ensure whoever issued the bond to pay interest and pay out when it matures? its not like they have money to stake to begin with

>>15505789
what are decimals?
>>15505816
> a layer deeper
for you

>>15505437
Anon, you really don't get it. What is security and what info is reliable?

>>15505809
They don't want Fintech competition to know about their secret sauce until it costs them a bunch of money to catch up because Links price increases significantly. At the right time Link rising in price is huge as it will help reduce the amount of 650mm uncirculated Link that have to be used to prime the pump as they onboard customers. These dudes are shrewd, powerful and greedy. Eventually the event that will moon Link will be the announcement of it's use with SWIFT. The question is when is the right timing for that to happen. We are close, imo.

>>15503287
>, anti-logos
you need to stop looking for others to tell you how to think. maybe stop watching the new wave youtube gurus

>>15506174
LOL LOOK AT THAT DELUSION, BIZ AND LINK WASHED YOUR BRAIN LINKIES.

>>15507125
>and here we have the seething nolinker. Watch how it slowly eats itself.
Cringe.

>>15498170
Bruh.

>>15503971
WOAH
unironically spent the hour watching it
thank you for this
seriously

>>15507125
I hope you are seriously fudding, if not life must be a challenge for you Anon. I am sorry.