GPI LINK (Oracle) - SWIFT - R3

[Anonymous No.15708548]

The more you read about it in this thread, the more it starts to make sense. What if SWIFT and the Smart Contract team created a Swift oracle (GPI LINK) to use a chainlink oracle in a permissioned ledger (R3). This wont require the use of the actual chainlink token, unless Swift decides to use a permissionless dlt (ethereum).

Will Swift using their Chainlink oracle in a permissioned chain be a win for LINK holders?

Will this scenario be a win for Link token holders?


>>15708114

[Anonymous No.15708569]

What does this thread offer that the other thread, which is still alive, doesn't?

[Anonymous No.15708664]

>>15708569
2 yummy pawgs

[Anonymous No.15708667]

>>15708664
damn i just want to fly kick their butts

[Anonymous No.15708698]

>>15708548
If they're not using LINK tokens for collateral, then we're holding a bunch of Chuck E Cheese tokens.

[Anonymous No.15708713]

>>15708548
dilate

[Anonymous No.15708721]

why would they not use the token?
what company offers anything for free?

[Anonymous No.15708733]

>>15708721
There's nothing stopping them from just paying the team directly for the tech.

[Anonymous No.15708789]

>>15708721
and the team pays the node operators using the token? or what other method do you propose?
node operators wont run nodes for free

[Anonymous No.15708802]

>>15708721

Collateral or oracle payment isn't necessary when you're running your own chainlink oracle/s in a permissioned DLT

[Anonymous No.15708869]

>>15708802
third parties will need the token to pay for api connections

[Anonymous No.15708876]

>>15708698
the link token is used to pay penalties, not collateral.

[Anonymous No.15708937]

>>15708869

SWIFT wont have to pay for api connections since the work with banks who will give them access to their api's. payment isn't required and if it is, you wont need to pay with link tokens.

[Anonymous No.15708942]

>>15708876
WAT

it's the same thing

[Anonymous No.15708988]

>>15708548
kek you guys must be kidding. oracles like LINK are extremely simple to make (hence why no one is using them). Swift doesn't need Chainlink.

Why don't you retards learn programming if you insist on investing in software projects?

[Anonymous No.15708992]

>>15708988
no u dont understand man, bread crumbs
follow the crumbs
saturn
numbers
... please

[Anonymous No.15709168]

>>15708988
>not betting the house on ChainLink
The whole market got AIDS today and ChainLink was one of the few stable coins, how can you doubt $2000 EYO?

[Anonymous No.15709175]

>>15708548
Why would LINK list SWIFT on their website if it's not based on the premise it would benefit the company?

[Anonymous No.15709196]

>>15708733
Was worried about this as well actually. Tech people are notorious for not knowing business. Sergey seems clever, but swift isnt gunna fuck around for even a second. If they have there version, and just pay chainlink a quiet royalty, there isn't going to be much to see tomorrow, unless you a re a hodler, and know by implication

[Anonymous No.15709574]

>>15708548
If one of you fags bothered to look in the Corda Settler github, he will found that Corda is using XRP settlement and Swift Settlement:

// 4. Handle different settlement methods.
val verifyResult = when (settlementMethod) {
is XrpSettlement -> verifyXrpSettlement(obligation, lastPayment as XrpPayment<TokenType>)
is SwiftSettlement -> verifySwiftSettlement(lastPayment as SwiftPayment)
else -> throw IllegalStateException("Invalid settlement method $settlementMethod.")
}

check here:


https://github.com/corda/corda-settler/blob/bf6cc34672de7375bfefffa1922e62523901a021/oracle/src/main/kotlin/com/r3/corda/finance/obligation/oracle/flows/VerifySettlement.kt


Swift Settlement is what we all want it to be :-) ... Search that git for Swift and Oracle ...

[Anonymous No.15709594]

Let's make this ultra clear. SIBOS and swift have had and will never have anything to do with link. They are transactional data payment layers running on ancient code known as Cobolt. This transaction data layer consists of balances and balances payable, debt to senders and is a simple decentralized blockchain if you will, in that it acts as a database between large intermediary big banks. you don't own the balance sheet, the big bank does. the purpose of blockchain is to decentralize this control to create separate nodes to prevent corruption and bail-ins with the option to hard-fork and much more importantly, prevent quantitive easing through printing by restricting monetary control and particularly inflation (tl;dr: printing of money).

NOWHERE! ABSOLUTELY NOWHERE DOES CHAINLINK HAVE ANYTHING TO DO WITH DISTRIBUTED BALANCE SHEETS AND TRANSACTIONAL PROTOCOLS.

It is only and only a supposed and if-that, data aggregation for real-time input into blockchains, supposedly ethereum shitcoins. It acts as a half ass API, it is not the google maps, but rather the input google maps would recieve from people having visited a restaurant and rated it. what you faggots are doing here is plain and simple deception. this is why the chainlink team is not invited again, because they managed to squeeze one little meeting next to some toliets and claimed partnership and the people at SWIFT were so god damn offended, they absolutely refused to even touch this two-bit pajeet filled russian national jew backed kiked up scam company. Chainlink will never, work as intermediary between banks, if anything ripple might and i say might. chainlink's best hope is for it's practical day to day dev use for inputting random inputs into a blockchain, weather, prices, news, etc, etc which also it has failed anything closely to achieve. suck my ass nigger

[Anonymous No.15709677]

>>15709594
have sex incel

[Anonymous No.15709697]

>>15709677
>>he spends so much time fudding
>>false dichotomy, you're either with us or with us when you fud
>>somehow you must have an angle and must genuinely care about chainlink
>>all these memes are entirely organic, gooo chainlink!
>>we all love and worship some fatass mongoloid russian scammer, y-you should too
>>there's no way anyone can hate chainlink despite the fact we've spammed it non-stop
>>there's no way it's all paid posting
>>you can't possibly hate us

schizophrenia the post

[Anonymous No.15709701]

>>15708992
Mememagic.. don't forget mememagic... Kek wills. KEK WILLS!

[Anonymous No.15709707]

>>15709697
you should probably think about having sex

[Anonymous No.15710438]

>>15709697
>facebook meme

[Anonymous No.15710483]

>>15708548
Let me make it clear once and for all for you faggots. gpi Link makes their SWIFT messaging platform into an API. THAT IS NOT WHAT CHAINLINK DOES. Chainlink is the next step. Now that it is an API, Chainlink can connect it with smart contracts. gpi Link is NOT Chainlink. HOWEVER, gpi Link enables the Chainlink off-chain payment capabilities. it will NOT be announced in the SWIFT talk. HOWEVER, expect announcement from Chainlink and/or SWIFT sometime relatively soon. I'm not an insider but this is basic logic

[Anonymous No.15710534]

>>15710483
ALSO, Corda is what they refer to as a DLT trade ecosystem. They might use Chainlink open source for their oracles but this doesn't matter much since a tokenless permissioned, private blockchain will not use the LINK token or our neet nodes. And it definitely has zero to do with Chainlink's direct connection to SWIFT

[Anonymous No.15711259]

>>15708876
Yes, you stake the tokens as collateral and you pay penalties if you provide bad data. You don't pay penalties unless you have staked collateral.

[Anonymous No.15711293]

>>15710534
as per Palo-it, chainlink having a connection to SWIFT means any other smart contract or dApp has access to bank payments via CL oracles
it opens many possibilities

[Anonymous No.15711304]

>>15709594
Get em

[Anonymous No.15711317]

>>15708698
kek of this happens then sergey is going to have many hit contracts on his head

[Anonymous No.15711329]

>>15709574
Only real comment you guys are so stupid. Stop shit talking xrp you brain dead monkeys, you better hope Link and swift are in cahoots otherwise link has no purpose in Corda.

[Anonymous No.15711355]

>>15708548
You have no idea what you're talking about.
Even if Swift uses a permissioned chain, you still need oracles.

[Anonymous No.15711381]

>>15711317
>hit contracts on his head
he'll just dump 700k so we can't afford a hit

[Anonymous No.15711466]

>>15708876
Same thing idiot

[Anonymous No.15711611]

>>15708876
Kek

[Anonymous No.15711809]

>>15711329
>Xrp
Nobody uses xrp. Ripple knows that after the pocs and is therefor trying to position itself as direct competitor to SWIFT. Yes, it is possible to use xrp with corda, but is through the bank hated.

[Anonymous No.15712013]

>>15711355
I love the fact that you don't know what gives Chainlink it's value. Do you know how easy it is to code an oracle or just use any of the existing platforms? Chainlink is about DECENTRALIZED oracles and if SWIFT uses a permissioned chain, there's no need for Chainlink's decentralized oracles.