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/biz/ - Business & Finance


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15533049 No.15533049 [Reply] [Original]

>https://twitter.com/chainlinkmarket/status/1144672393941569536

"At the end of the day we've had these conversations for years, and some of them we're getting set up, like SWIFT, others we're also getting set up that we're going to announce soon"


>https://www.sibos.com/conference/sessions/2019/swift-gpi-your-guide-to-the-new-era-of-global-payments-2177 (HAPPENING ON SEPTEMBER 23)

"With over 56% of all SWIFT international transfers sent via gpi, we are truly entering a new era in global payments. And there’s more to come. Building on this success, we’re moving rapidly to complement the core gpi service with a raft of additional services that will further speed up, reduce friction and bring innovation in international payments"

The speaker is: Wim Raymaekers, guess where else he shows up?

>here: https://www.swift.com/news-events/news/swift-to-bring-benefits-of-gpi-to-dlt-and-trade-ecosystems

Title: "SWIFT to bring benefits of gpi to DLT and trade ecosystems"

Literally the same title they gave SmartContract.com for their SIBOS 2017 presentation: https://www.sibos.com/conference/sessions/2017

"Bridging DLT and SWIFT messaging with SmartContract.com – Innotribe Industry Challenge 2016 winner"


TL;DR: Swift will announce their GPI LINK oracle service on September 23, with explicit mention of chainlink as the backbone.

Mark your calendars.

>> No.15533065

DR;NS

>> No.15533066

Too early, network is not developed sufficiently, they don't have to cough up details at this stage. LINK is white-label middleware.

>> No.15533074

Unrelated to gpi

>> No.15533077

>dopamine running low

>> No.15533088
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15533088

>>15533049
> Control f "swift"
> Zero results
Wtf even swift are not invited to sibos 2019.

>> No.15533091
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15533091

>>15533049

>> No.15533094

>>15533077
Ch-checked

>> No.15533117

>LINKshits overhyping shit again
Our own XRP bots, but even uglier.

>> No.15533147

https://srv-file2.gofile.io/download/FT7pzu/gpi.mp4

>> No.15533217

>>15533074
??? Gpi link is unrelated to gpi?

>> No.15533227

I gambled 3000 links, kill me pls

>> No.15533286

>>15533049
This also makes a lot of sense with the recent threshold signatures merge - chainlink would need a massive increase in throughput for gpi link.

>> No.15533460

>>15533066
This, Price Will stay same as this is fudded for normies so macafee style pumps will not happen as the link investor group is high IQ and only movements up IS network activity that is based on How The smart contracts economy Will grow. So we Look sotming like 3 years more as we are on PoC phase still with real world connection.

>> No.15533476

>>15533460Morton. PoC phase was 2017. 2019-2020 is implementation

>> No.15533484

>>15533476
Moron*

>> No.15533493

>>15533460
why do you type like a fucking moron?

>> No.15533640

>>15533493
triggered pajeet go fuck you self nigger

>> No.15533649

>hyping up something else that will be nothing
haven't you learned your lesson?

>> No.15533915

>>15533649
SIBOS has always been the plan, everything else was hopium

>> No.15534118

>>15533049
buying link = cuck

you must love niggers fucking your wife

they literally think the COBOL banking protocol would for some reason adopt an internet token even though that magic internet token has no way to interface code from the 60s

they literally have zero understanding of business and finance

>> No.15534155

>>15534118
>even though that magic internet token has no way to interface code from the 60s

except it literally a jason parsor

>> No.15534299

My prediction is that gpi Link uses oracles built by smartcontract.com but they're not currently using the Chainlink main net, and Chainlink won't be mentioned.
I see it as a "permissioned side chain" separate oracle network that will eventually migrate onto the Chainlink main net when it's mature.

>> No.15534316

>>15534299
This and checked

>> No.15534361

>>15534299
why massage of queen feets?
why KM mentioning SC.com in his book?
why is searchengine mega company on board?
Why do you still fud?

>> No.15534435

>>15534361
i'm all in LINK and i think it's going to $1k i just don't think the main net is mature enough to power gpi link at the moment. I don't expect any Chainlink mention at SIBOS this year but I expect Chainlink to be the guests of honour at SIBOS in a couple of years time once it's all actually up and running.

>> No.15534449

>>15534435
This

>> No.15534752
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15534752

>>15533049

>> No.15534832
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15534832

>>15534118

>> No.15534893

>>15533476
Get a brain! Mortans
Go Chainlink

>> No.15534904

>>15533049
Good work marine. We've been running low on hopium here on the front lines. Your contribution will help to strengthen the weak hands

>> No.15534911

Still years away if ever. You’re delusional

>> No.15534962

>>15533065
basted

>> No.15535191

>>15533049
>https://www.sibos.com/conference/sessions/2019/swift-gpi-your-guide-to-the-new-era-of-global-payments-2177
swift gpi is not LINK

>> No.15535204

>>15534904
>Good work marine. We've been running low on hopium here on the front lines. Your contribution will help to strengthen the weak hands

fucking dork

>> No.15535274

>>15535191
GPI link is LINK

>> No.15535288
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15535288

>>15533049

>> No.15535302 [DELETED] 
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15535302

I think the only real reason that Nolinkers hate us is that we like frogs. Simple as that, really; we post frogs, and that signals us as the "bad guys".

>> No.15535344

I urge all of you to get away from /biz/ for a few hours and get some fresh air. This place is doing horrible things to your mind.

>> No.15535392

>>15535191
swift gpi link is literally link

>> No.15535518

>>15535392
Its really not

>> No.15535548

>>15533049
>28 June 2019

>> No.15535569
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15535569

Another date is in this btw, and it isn't far away

>> No.15535577

>>15533460
>Look sotming like 3 years more
Why not 1 year? Why not 5 years? This is based on nothing.

>> No.15535597

>>15533074
>>15535518
fuck off https://gofile.io/?c=FT7pzu

>> No.15535610

>>15533066
propably you're right

>> No.15535627

>>15533049
Maybe they will, maybe they won’t and the price will dump to $1.

Who gives a fuck anymore at this point? You make the same gay ass threads every day. Just fucking wait 2 weeks.

>> No.15535676

>>15535577

Exactly. How do people come up with these timelines? I guarantee if you ask them they’ll say “well it’s just a feeling I have”

>> No.15535751

>>15533049
So Sergey lied then, huh? That quote was from years ago and even SWIFT isn't even confirmed yet, let alone the 'others'

>> No.15535758

>>15533493
It’s a pajeet anon or a chink

>> No.15535766

>>15534752
That’s a funny one haha..

>> No.15535774

>>15535569
Take your meds

>> No.15535811

>>15534299
>Separate oracle decentralized network with mechanisms like chainlink has does not simply exist

>> No.15535832

>>15533077
My dopamine is so depleted that I feel nothing when I masturbate

>> No.15535841
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15535841

>>15533091
EricHolderKilledMe.jpg
My sides

>> No.15536146

>>15533147
I forgot about this
Lmao 1:10 he freaks out so much and tries to get away from the question, but lets slip it is related to R3

>> No.15536183
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15536183

>>15535392
Swift gpi link is corda used as the settlement layer with link used for currnet asset prices and relevant rates
Link isn't a smart contract layer, it's the thing that allows smart contract layers to do useful things.

>> No.15536218

>>15533066
This is the only fud that is correct.

>> No.15536224

>>15536183
actually link is KYC/centralized oracles. It doesn't allow smart contracts to do anything useful. It's vaporware scam until they make it decentralized. And at the speed they are going now, that will be never.

>> No.15536232

When I was 14 my friend and I used to jerk and suck each other's dicks.

>> No.15536251

So many newfags apparently.

A literal swift DLT employee said “chainlink” by name accidentaly while talking about Swift gpi on a podcast. That was a year ago I guess. I wont bother with the sauce now.

Do whatever the fuck you do with this info now.

>> No.15536294

>>15536251
At least name the podcast.

>> No.15536324
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15536324

>This is the gpi Link I’m going to talk about btw, which is the settlement layer for smart contracts. Just to qualify you do have to be on gpi and live, but what we did is we announced with r3 a partnership for this PoC, and they’ve been great partners. And we’ve been looking at I think two of their platforms for Trade Finance called Voltron and Marco Polo. Working about how to provide a settlement layer around Smart Contracts on a distributed ledger platform.

>We are looking at other platforms too. We know Hyperledger and Consensus have a lot of Ethereum based products/projects. Digital Asset is also out there. We realized in the verticals it’s beyond trade finance into maybe commodity trade finance, insurance, and the securities and derivatives world.

>> No.15536343
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15536343

>>15536324
>But the basic idea is basically I’d like to tell a story about mangos. I can imagine a world where I am a buyer of mangos. I enter into a smart contract with a seller and there’s certain conditions with that contract. Right? The crate of mangos has to weigh a certain amount. Maybe it’s on a boat from the Caribbean and I don’t want those mangos going above 95 degrees during the entire voyage. I want it to arrive at a certain time, I want the pallet to be certain dimensions when it arrives. And guess what with the IoTs and Sensors you can guarantee all these things right? So it would be great if all these things were guaranteed via these “oracles” or third party sensors. When the mangos hit the port knowing that all these conditions were met, it would be cool if you could pay for the mangos and the mangos could be delivered in an automated way according to the conditions of the smart contract.

>The problem today is that most smart contracts use native tokens. You want like this atomic swap for mangos for cash. The problem with using tokens though is that number one there’s not a lot of regulatory certainty around them. Number two, there are some stable coins but the vast majority of them have a lot of FX swings. So I want to know if I’m paying $100 or $5000 of ether for these mangos right? And then additionally just the network effect. You want to know if you’re going to have enough participants to play with. And that could be just at an operational level like how do I pay you or at a KYC compliance level.

>So what we were considering, what we’re doing right now in fact, is that if you can meet all these conditions, the mangos could make it to the port, there could be an API call to initiate the payment directly to the bank triggered by the smart contract. The payment for the mangos could be released and because all gpi payments are confirmed, at the exact moment of confirmed I could have the mangos.

>> No.15536395
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15536395

>>15536343
>You can have these smart contracts and make them truly smart. If there’s not delivery, if there’s not an atomic swap or delivery vs payment of the goods based in the conditions of the smart contract, it’s not a smart contract. It’s the same contracts we’ve had for 4000 years.

>> No.15536424
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15536424

>>15533049

>> No.15536659
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15536659

>>15534299
Checked but you're delusional.

>> No.15536746

>>15534299
That defeats the purpose, just use mainnet. The more oracles the merrier.

>> No.15536844

>>15533088
swift is sibos hahahahahahahahah

>> No.15537041

>>15536294
If you missed it that sucks, but a lot of us were there for it. It was real.

>> No.15537079

>>15533088
Checked and don't point that out because you'll get called a fudster fucking delusional link bag holders. Back on that other platform we have some real coins to invest with not this scam token shit

>> No.15537152

>>15536294
>https://gofile.io/?c=FT7pzu

>> No.15537164

>>15537079
Are you this fing stupid, sibos is organized by swift.

This is why your pajeet spaceship didn’t make it.

>> No.15537225

>>15537164
Look at the list of attendees retard
>Ctrl f zero results
Nice try though. r/cc knows what's up for anyone looking for real investment projects

>> No.15537322

>>15533066
>network is not developed sufficiently
*network is not used sufficiently
please explain what more development it needs. swift has been working with link for 3 years and you believe they wont be mentioning it less than 10 days after PSD2 goes into effect?

get this fisher price my first fud outa here

>> No.15537513

How the fuck does SWIFT profit from a centralized bridge between their data and their DLs? I thought the whole point was eliminating trust, therefore eliminating high friction middle men like notaries, lawyers, consulting boomers, etc and instead get automated contracts and direct transactions underway. Centralized ledgers and oracles would create the same trust dynamics and require the same fucking paper work humping middle men, it just digitizes the process a little more. The Chainlink network does not have any relevant data for SWIFT's use case yet, we have some literal who nodes spamming crypto prices. The red pill is that Sergey was probably talking about the literal who DeFi space, we even had some literal who crypto partners offering decentralized derivatives, that's probably it. I think we will have to wait some more before SWIFT actually switches to this and they will only if they see it working with literal who financial dapp scams.

>> No.15537570

>>15537513
Its about power and control.

>> No.15537609

>>15537322
Reputation, staking, TEE support, etc. More than a handful of nodes. Don't act as if in two weeks the network will be ready to support something as large as gpi. Main net is barely functional and has barely any users.

>> No.15537688

>>15536232
Based, but irrelevant anon