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4268012

Read this nolinkers, and BTFO Anonymus Thu Nov 9 11:54:00 2017 No.4268012 [Reply] [Original]

https://www.swift.com/news-events/press-releases/swift-tests-show-blockchain-has-potential-for-global-liquidity-optimisation?utm_campaign=SWIFT%20gpi%20DLT%20PoC&utm_medium=social%20&utm_source=social

>"About the SWIFT PoC interim report
SWIFT developed, as part of SWIFT’s gpi strategic roadmap, together with 33 leading banks around the world, a proof of concept where a distributed ledger is used to provide real-time visibility on Nostro accounts. This initiative started in January 2017 and is due to end towards the end of the year.
This interim report shares information on the proof of concept, its business and technical objectives, the DLT solution developed by SWIFT through a collaborative approach and the testing strategy. It also provides a summary of conclusions both at business and technology levels from the testing conducted so far by the 6 banks forming the founding group.

The validation group with 27 participating banks have just started their work to further test the application and the data model. This report will be updated following completion of their testing with the consolidated feedback from the two groups and to draw the final conclusions."

>>	Anonymus Thu Nov 9 11:55:35 2017 No.4268042 >SWIFT’s DLT PoC started in April 2017 and will conclude in November 2017, with the final results available in December.

>>	Anonymous Thu Nov 9 11:56:04 2017 No.4268051 >ctrl + f "chainlink" >ctrl + f "smartcontract" NO RESULTS FOUND

>>	Anonymous Thu Nov 9 11:57:51 2017 No.4268082 File: 697 KB, 722x594, Screen Shot 2017-11-09 at 11.51.43 AM.png [View same] [iqdb] [saucenao] [google] >>4268042 This is going to be a very merry Christmas.

>>	Anonymus Thu Nov 9 11:58:04 2017 No.4268089 >>4268051 apart from https://create.smartcontract.com/sibos17 swift written all over >muh no chainlink mentioned when Sergey presented their idea at SIBOS

>>	Anonymus Thu Nov 9 11:59:25 2017 No.4268107 File: 181 KB, 750x498, popesergey.jpg [View same] [iqdb] [saucenao] [google] >>4268082 i believe

>>	Anonymous Thu Nov 9 12:09:34 2017 No.4268286 >>4268089 This retard market won't care. Nobody wants to connect the dots. Even if it pumps binance bots will push the price right back down.

>>

Anonymous Thu Nov 9 12:13:40 2017 No.4268374

>>4268012
This has to do with Swift's GPI project, it doesn't have anything to do with Chainlink.

GPI is about cross-border payments, and it may or may not involve blockchain tech (the blockchain here being Hyperledger, which Chainlink can interact with).

It sure looks like Swift will be using some kind of blockchain tech (maybe not necessarily Hyperledger) for cross-border payments; especially since IBM is not temporarily going to use Lumens for the same purpose.
Swift's GPI so far (without blockchain tech) takes a full day to process cross-border payments, while blockchain tech (e.g. Lumens) does it instantly.
So you can see the pressure they're under, even though they're acting like it's not a sure thing yet.

Either way, it does not affect Chainlink much. Chainlink's PoC was a very different thing.

>>	Anonymus Thu Nov 9 12:14:47 2017 No.4268395 File: 440 KB, 1125x675, breakfreechainlink.jpg [View same] [iqdb] [saucenao] [google] >>4268286 yeah market is fucked. rather ivnest in a skateboard and a google scam also see picutre related

>>	Anonymous Thu Nov 9 12:16:21 2017 No.4268420 >>4268374 This, still kinda shocked people haven't realized this

>>	Anonymous Thu Nov 9 12:19:57 2017 No.4268498 >>4268374 >IBM is not temporarily going to use Lumens God damn it, meant to say "IBM is NOWWW temporarily going to use Lumens"

>>	Anonymus Thu Nov 9 12:21:25 2017 No.4268523 File: 1.86 MB, 1920x1080, dothemathlink.jpg [View same] [iqdb] [saucenao] [google] we are the linkmarines who have connected all the dots already rest will catch up later

>>	Anonymous Thu Nov 9 12:21:48 2017 No.4268532 >>4268374 connect the dots, bro

>>	Anonymous Thu Nov 9 12:22:02 2017 No.4268535 >>4268523 fucking hell this again.

>>

Anonymous Thu Nov 9 12:24:24 2017 No.4268572

>>4268532
Don't.

Swift may very well come out next month and say "we're not going to use Hyperledger for our GPI project", and if you (incorrectly) associate this GPI thing with Chainlink too much, it's going to cause a Link dump.

The reality is that so far there is NOTHING that ties this GPI/Nostro thing to Chainlink.
Let's keep it that way.

>>

Anonymus Thu Nov 9 12:27:28 2017 No.4268621

>>4268572

SWIFT not changed systems in 40+ years, and their competitors already far ahead of them. pressure is on. chainlink is a legit project being developed for ages. SWIFT is paying them since 2016 to help them come up with a solution

>PoC so far has been positive

we'll know for sure when SWIFT announcees anyway

>>

Anonymous Thu Nov 9 12:31:48 2017 No.4268695

>>4268621
>pressure is on
I definitely agree.

>chainlink is a legit project being developed for ages. SWIFT is paying them since 2016 to help them come up with a solution
Absolutely.
This year's SIBOS was the most blockchain-heavy yet, by far.
And Chainlink was the ONLY (external) crypto dev to be invited by Swift to do a PoC and showcase it at Swift's premier conference: SIBOS.

This is HUUUUUUUUUUUGE, and the repercussions have not even begun yet to manifest.

BUT BUT BUT BUT BUT BUT BUT BUT BUT BUT BUT BUT BUT BUT BUT

Please don't associate this GPI/Hyperledger thing with Chainlink. GPI is a very distinct project, and Swift may very well decide not to use any blockchain tech in it (although that wouldn't be smart), and this news would dump Link if is associated with GPI (incorrectly).
Chainlink's PoC has absolutely nothing directly to do with GPI.

>>	Anonymus Thu Nov 9 12:43:49 2017 No.4268859 >>4268695 great viewpoint >let's see how it unfold :)

>>	Anonymous Thu Nov 9 12:55:04 2017 No.4269041 >>4268374 Let's assume it's hyperledger they using. Without using ChainLink it's absolutely useless, you know this to be true faggot.

>>	Anonymous Thu Nov 9 12:59:40 2017 No.4269113 This shit can't moon, I fucking sold with -40% loss My only joy is that you people will lose even more money and the best part is YOU WILL

>>	Anonymous Thu Nov 9 13:01:01 2017 No.4269133 >>4269113 No wonder you're salty. You were probably asleep when the fork cancellation news was released.

>>	Anonymous Thu Nov 9 13:01:12 2017 No.4269138 >>4269113 You didn't believe anon. SAD!

>>

Anonymous Thu Nov 9 13:08:50 2017 No.4269248

>>4269041
>Let's assume it's hyperledger they using.
The PoC for the GPI project was about hyperledger, yes.
But it's not certain at all that they will actually end up using it.

And Chainlink is not directly tied to GPI at all.

So why connect Chainlink with this GPI/Hyperledger thing? If Swift announces it will not use Hyperledger for GPI, it'll negatively impact the price of Link, even though the Link PoC had nothing to do with GPI.