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/biz/ - Business & Finance

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File: 81 KB, 627x582, 03f6e9213e5fd2c96f5ab5abf614aa3b84e032ba017d3195186bbe6f1f0be506_1.jpg [View same] [iqdb] [saucenao] [google]
8197107 No.8197107 [Reply] [Original]

So I saw this image: https://cdn-images-1.medium.com/max/2000/0*dJKXurwpswdrf40T..

I noticed that link has already announced a partnership with SWIFT and seem to be working with Salesforce

I decided to look at the other ones and I typed in HSBC first and this popped up: https://www.coindesk.com/uk-bank-hsbc-might-soon-pilot-live-blockchain-payments/

"Many of HSBC's clients have begun the process of digitizing their operations, but letters of credit is one area where most have difficulty, he said."

let·ter of cred·it (noun): a letter issued by a bank to another bank (typically in a different country) to serve as a guarantee for payments made to a specified person under specified conditions.

> a guarantee for payments made to a specified person under specified conditions.
THAT'S A SMART CONTRACT
>THAT'S LITERALLY THE DEFINITION OF A SMART CONTRACT

2.374 trillion USD in assets: https://www.statista.com/statistics/224808/total-assets-of-the-hsbc/

Pure speculation, but...
"Price Singularity" wouldn't be an apt description.

>> No.8197124
File: 244 KB, 1224x1121, 0_dJKXurwpswdrf40T_.png [View same] [iqdb] [saucenao] [google]
8197124

>>8197107
First link is broken, here it is.

>> No.8197481

>>8197107
Is anyone here?

>> No.8197508

>>8197481
Link is dead, buy mobius sir,

>> No.8197511

Bingo, kid. Shit like this is the reason I've got 100k linkies.

>> No.8197517

>>8197107
very speculative IMO. obviously link is a great option for what they want, but maybe they use some other shit like stellar, or maybe if link works with swift directly, any other bank would indirectly be using link anyway

>> No.8197522

HELLO?

HELLO

hello

hlo...

>> No.8197537

$1000 EOY

>> No.8197543

Yes, it's a reasonable use-case, but your evidence is a random ChainLINK jpg? By that logic, Chase, Wells Fargo, Bloomberg etc. would all use it as well.
It makes sense though. A Deutsche Bank manager made a cryptic statement awhile back in reference to a successful DLT project. It's highly plausible that many top banks are all already testing ChainLINK.

>> No.8197562

>>8197107
Top level autism research. Thanks anon this is big if true.

>> No.8197617

>>8197107
Cool possibility at least

>> No.8197654
File: 174 KB, 580x405, feelsgood.jpg [View same] [iqdb] [saucenao] [google]
8197654

>>8197543
>LINK turns out to be the most undervalued crypto asset in existence
>I've got 17 LINK

>> No.8198061
File: 69 KB, 820x380, 1000eoy.jpg [View same] [iqdb] [saucenao] [google]
8198061

>> No.8198188

>>8197543
I thought this was obvious?

>> No.8198259
File: 959 KB, 1597x891, Interledger.png [View same] [iqdb] [saucenao] [google]
8198259

>>8197124
Interledger is more logical.

>> No.8198272

>>8198259
Interledger is cross-chain payments
Link is smart contracts
Bye fudder

>> No.8198281

dubs confirms link 100 eoy