/biz/ - Business & Finance

Could this mean a official partnership announcement after the positive results? Who knows. ; )

Link to article:
https://www.gtreview.com/news/global/swift-finds-blockchain-has-potential-but-will-not-commit-yet/

Part of the article where the tidbit was pulled from:

Returning to the results: bank feedback on the PoC has been that Swift needs to develop unique value propositions in response to the different levels of sophistication, automation and previous investments of banks. “Differences in the incremental value for each financial institution will depend on its existing liquidity management capabilities,” explained Vanderveken.

Swift has concluded that it’s “crucial” that integration with legacy back-office applications and co-existence with existing processes are taken into account.

Finally, in terms of costs, although Swift has not quantified the investment required, there is no doubt that the cost will be significant. “Banks have said Swift has a role to play to make sure that the adoption is there by putting together a solution which minimises the integration efforts,” said Vanderveken. “Swift needs to bring a solution which minimises investment costs and allows co-existence with existing infrastructure and solutions.”

The findings will drive Swift’s next steps in the project, and will be compared and aggregated with the feedback that they receive from the remaining 27 banks in the group, which are currently undergoing testing. The PoC will conclude in November 2017, with the final results available in December.

>>4783320
>>4783326
Lmao. Swift won't commit to anything until the MainNet is up and running. Even then, its a huge IF

>>4783320

[Post]Bro u had me on board until I saw all your follow up posts.[/post]

Monolithic if indeed genuine.

Do you guys think the EOY announcement will come in late december?....

Im betting on 6/12

>>4783467
I'm guessing the announcement comes sometime next week/weekend. A week before the holidays.

>>4783369
Quite interesting. They've been testing their PoC with 27 banks since April and yes according to this article the testing will have finished in November, with an announcement this month. Pretty good find. Keep your Linkies crossed the testing was a success!

>>4783483
> 6/12
Found the pajeet

>>4783583
>They've been testing their PoC with 27 banks since

Source? Sounds like you are getting confused - the GPI trial was with 27 banks. There were not 27 banks working directly with LINK.

>>4783320
thanks for setting the expectation OP
now anything other than a partnership ann will dump the price

>>4783694
Sorry, the PoC testing since April has been with 6 banks. I got myself confused with the figure in the GPI trial.

https://www.gtreview.com/news/global/swift-kicks-off-blockchain-poc-with-six-banks/

0x2C9130e08Cd34Ed86e9300d37F99f826E5B76C85 pls anons just few link will help

>>4783804
sent you 1million links

>>4783804
>In the meantime, it will be testing the technology with six banks: ANZ, BNP Paribas, BNY Mellon, DBS Bank, RBC Royal Bank and Wells Fargo.

From the recent 'Sibos Issues 'Wrap Up' release...Tom Casteleyn, head of product
management for custody, cash and FX at BNY
Mellon:
>"Post-blockchain, I see the role of the global
custodian as linking blockchains together
and making sure there is interoperability between them"

https://www.sibos.com/sites/default/files/sibos_toronto_2017_sibos_issues_wrapup_edition.pdf

>>4783766
>In the meantime, it will be testing the technology with six banks: ANZ, BNP Paribas, BNY Mellon, DBS Bank, RBC Royal Bank and Wells Fargo.

From the recent 'Sibos Issues 'Wrap Up' release...Tom Casteleyn, head of product
management for custody, cash and FX at BNY
Mellon:

"Post-blockchain, I see the role of the global custodian as linking blockchains together and making sure there is interoperability between them"

https://www.sibos.com/sites/default/files/sibos_toronto_2017_sibos_issues_wrapup_edition.pdf

>>4783766
From that article in April:
>In the meantime, it will be testing the technology with six banks: ANZ, BNP Paribas, BNY Mellon, DBS Bank, RBC Royal Bank and Wells Fargo.
>BNY Mellon

From the recent 'Sibos Issues 'Wrap Up' release...Tom Casteleyn, head of product management for custody, cash and FX at BNY Mellon:
>"Post-blockchain, I see the role of the global
custodian as LINKing blockchains together
and making sure there is interoperability between them"

https://www.sibos.com/sites/default/files/sibos_toronto_2017_sibos_issues_wrapup_edition.pdf

>>4783766
From that article in April:
>In the meantime, it will be testing the technology with six banks: ANZ, BNP Paribas, BNY Mellon, DBS Bank, RBC Royal Bank and Wells Fargo.
>BNY Mellon

From the recent 'Sibos Issues 'Wrap Up' release...Tom Casteleyn, head of product management for custody, cash and FX at BNY Mellon:
"Post-blockchain, I see the role of the global
custodian as LINKing blockchains together
and making sure there is interoperability between them"

https://www.sibos.com/sites/default/files/sibos_toronto_2017_sibos_issues_wrapup_edition.pdf

This is not related to link, stop being delusional

>>4784003
Answer me this peasant... who had a live demo during SIBOS a couple months ago? I'll wait for your answer.

The intro from the article:
"After months of testing, Swift has published its first conclusions on its blockchain proof of concept (PoC), and presented a live demo of the technology to Sibos delegates."

>>4784003
https://www.swift.com/our-solutions/global-financial-messaging/payments-cash-management/swift-gpi/the-technological-transformation-of-cross-border-paymentshttps://www.swift.com/our-solutions/global-financial-messaging/payments-cash-management/swift-gpi/the-technological-transformation-of-cross-border-paymentshttps://www.swift.com/our-solutions/global-financial-messaging/payments-cash-management/swift-gpi/the-technological-transformation-of-cross-border-paymentshttps://www.swift.com/our-solutions/global-financial-messaging/payments-cash-management/swift-gpi/the-technological-transformation-of-cross-border-paymentshttps://www.swift.com/our-solutions/global-financial-messaging/payments-cash-management/swift-gpi/the-technological-transformation-of-cross-border-paymentshttps://www.swift.com/our-solutions/global-financial-messaging/payments-cash-management/swift-gpi/the-technological-transformation-of-cross-border-paymentshttps://www.swift.com/our-solutions/global-financial-messaging/payments-cash-management/swift-gpi/the-technological-transformation-of-cross-border-paymentshttps://www.swift.com/our-solutions/global-financial-messaging/payments-cash-management/swift-gpi/the-technological-transformation-of-cross-border-paymentshttps://www.swift.com/our-solutions/global-financial-messaging/payments-cash-management/swift-gpi/the-technological-transformation-of-cross-border-payments


fucking retard holy shit there's been at least 100 threads this month explaining that this is not the ChainLink PoC. THEY ARE DIFFERENT.

>>4783528
Its literally something
>Sorry for not being active on GitHub, I will now be answering there every week! Still working hard!
I don't wanna get your hopes up, I doubt it's anything great

FUCK I HOPE THIS SHIT NUGGET OF A COIN YOU PAJEETS SHILL SO FUCKING HARD PULLS A CONFIDO. FUCK RORY, FUCK SERGEY AND FUCK LINK.

>>4783320
>>4783326
>>4783369

***WARNING***
***WARNING***
***WARNING***

THIS HAS NOTHING TO DO WITH CHAINLINK

This is about the GPI PoC, which involved Hyperledger Fabric.

***WARNING***
***WARNING***
***WARNING***

>>4783642
Only retards american keep using the month day format

>>4784606
Pajeet detected

>>4784606
Nice English shitskin

>>4783973
Ausfag here, ANZ is a massive bank over here FYI. Probably the biggest.

>>4784606
ESL detected

>>4783326
>>4783320

Link will be the next huge thing like ETH. We are fucking fortunate faggots to find it out so early. I am accumulating like crazy these days.

>>4783483

I smell it too my dude

>>4783973

Fffuuuuuuuuufudufugugugug

>it's happening

>>4783528

I will announce it tomorrow.