/biz/ - Business & Finance

[Anonymous No.3855703]

https://www.coindesk.com/unanimous-swift-blockchain-success-sets-stage-sibos/

Buy them while they're on sale. You guys can't say you haven't had ample warning when this leaves without you. There has been less fudding for Link than when ANS turned into NEO.

The signs are there. Not everyone here is trying to take your money. Let's work together and make some money.

[Anonymous No.3855747]

>>3855703
this has nothing to do with link

[Anonymous No.3855765]

>>3855703
>https://www.coindesk.com/unanimous-swift-blockchain-success-sets-stage-sibos/

Reminder that this is Hyperledger+LINK not just LINK alone

[Anonymous No.3855851]

>>3855747
Sure buddy.

[Anonymous No.3855893]

>>3855851
wow!!!!!!! it mentions swift on their page! and any blockchain related news involving swift must be related to chainlink!!!!!!!!!!!!!!!! good work detective

[Anonymous No.3855905]

>>3855893
To be fair, chainlink is the only coin allowed into sibos.
And the project is funded by swift.

[Anonymous No.3855915]

>>3855905
the project is NOT funded by swift, its funded by Chainlink ICO

[Anonymous No.3855923]

>>3855915
Chainlink is a lot older than the ico.

[Anonymous No.3855942]

>>3855915
thats true, however that doesnt mean it was previous to ICO funded by SWIFT. If you'd like to refute that point, provide proof that SWIFT was funding them

[Anonymous No.3855952]

>>3855923
>>3855942
didnt mean to quote myself there

[Anonymous No.3855955]

>>3855905
Pffft hahahah then tell my why ripple has a booth since years at sibos?

Fucking amateurs spreading their 'knowledge'

And why did ripple put on a whole conference to challenge swift?

[Anonymous No.3855976]

Wouldnt buy something on such "legit" exchanges, for the newbies just google "bter hack, cryptsy hack and bitfinex hack "

And an institution like swift is backing something that is traded in scam exchanges hahahaha get your life straight

[Anonymous No.3855985]

>>3855942
>A representative of Swift confirmed to CoinDesk that it is a SmartContract customer.
>Since being awarded the contract, SmartContract has also partnered with Ari Juels from blockchain think tank IC3 to provide authenticated data on the daily ether-to-US dollar conversion price for the TownCrier oracle.
https://www.coindesk.com/swift-completes-blockchain-smart-contracts-trial/

[Anonymous No.3856011]

>>3855985
In 2016 swift held a competition to see who offered the best technology for them. And since chainlink won that they have gotten a partnership to run by trials on how to implement it.

[Anonymous No.3856058]

the smartcontract domain name is probably worth billions on its own, Sergey is a fucking genius

[Anonymous No.3856061]

>>3855747
It's certainly related.

SWIFT outlines two pillars when it comes to the future transformation of the financial industry:
1) Distributed Ledger Tech (DLT)
2) Smart contracts

Source: https://www.swift.com/node/39911
>"Distributed Ledger Technology (DLT) and Smart Contracts (SC) promise to transform automation in the financial industry, and are generating huge interest amongst financial institutions and technology providers."

The proof of concept (PoC) they're talking about in that article fits within the context of the broader GPI (global payments innovation) project of SWIFT, and relates entirely to DLT (= pillar 1).

Outside of Chainlink, SWIFT has nothing lined up (that we know of) for smart contracts (= pillar 2).

Now look at pic; showing the roadmap for this GPI project.
Notice how Phase 3 mentions the "industry challenge" meant to "create GPI overlay services".
Chainlink can very easily be described as an "overlay service", since it is a plug&play add-on that connects to SWIFT's DLT (Hyperledger Fabric).

[Anonymous No.3856070]

chainlink and swift is the new digibyte and minecraft

[Anonymous No.3856085]

>>3856070
This guy here. Thanks for clarifying

[Anonymous No.3856124]

From OP's article:
>the thought [of hacking] has pushed Swift to create a "hybrid architecture," where some transaction components were distributed on a blockchain, while others were "operated by a neutral third-party."

Chainlink is a decentralized node network; it is as "neutral" and as "third-party" as you can get.

[Anonymous No.3856136]

>>3855955
Ripple tries to compete with swift. Which is why they will fail. Unlike Chainlink that tries to work with swift.

[Anonymous No.3856143]

>>3855955
Because Ripple paid (a lot) to have a booth among many booths at SIBOS.

Meanwhile Chainlink was paid by SWIFT to come do a demo at SIBOS (the only crypto to receive this honor btw).

>And why did ripple put on a whole conference to challenge swift?
To challenge SWIFT.

LINK is entirely outside of the feud between SWIFT and Ripple btw. It can perfectly coexist with either, both, or neither.

[Anonymous No.3856152]

>>3856143
And why would ripple be so heavily on the offensive and paying speakers like bernake if they weren't worried

[Anonymous No.3856155]

>>3856070
>>3856085
Digibyte was always "bitcoin but fasterer".
Chainlink brings smart contracts to the mainstream.

No comparison.

[Anonymous No.3856164]

I cpuld bet that swift and ripple definitely have partnered and they will announce it at sibos and swell. Until then its rumors.
You ask why , i tell ypu.
Culliax the new ripple partner is a leading partner of swift ;) check their website. And before i forget dlocal (also a new ripple partner) is doing payments for uber airbnb and alibaba

Ahhh and miguel went to credite suissse maybe those news also coming in ;)

[Anonymous No.3856167]

>>3856152
Because they're afraid.

[Anonymous No.3856173]

>>3856155
i actually believe in chainlink as a technology but the shiling is out of control

[Anonymous No.3856174]

>>3856164
See >>3856143

Wouldn't matter one bit to LINK if they did work together.

[Anonymous No.3856175]

Damn this is big.

Why would SWIFT ask Sergey to present at Sibos if they won't work with them in the future? It's like almost guaranteeing long term partnership

>Since Sept. 27 financial institutions — including ABN Amro, Deutsche Bank and JPMorgan Chase — have been validating the PoC results, with a final decision expected by the end of year.

[Anonymous No.3856189]

>>3856175
its just a courtasy before they buy out Chainlink and get rid of LINK token, there is literally 0 need for LINK token. It was made up in ICO process to get funding. You can easily replace it with Ethereum or Bitcoin, what have u

[Anonymous No.3856207]

[Anonymous No.3856209]

>>3856189
>You can easily replace it with Ethereum or Bitcoin, what have u
No you can't. Bitcoin, Ethereum and Link don't have the same functionalities.

[Anonymous No.3856219]

>>3856189
lol you know how I know you have 0 idea about what you're talking about?

[Anonymous No.3856245]

>>3856219
I know that the etherium cereal crunch alliance isnt using the etherium token. They use a private fork of etherium

[Anonymous No.3856259]

>>3856189
>You can easily replace it with Ethereum or Bitcoin, what have u

[Anonymous No.3856262]

>>3856189
Fudders are getting dumber every day.

[Anonymous No.3856269]

>Supercomputes on EVERY city
>Chainlink OBSOLETE and USELESS
>LINKies eternally BTFO
LMAO

[Anonymous No.3856295]

>>3855703
Just transferred 1BTC to LINK. Do I need to get my wojaks ready or will this gamble pay off?

[Anonymous No.3856300]

how could link work without ripple

smart contracts that take 3 days to operate????????????

they are merging tech, ripple founda company who is working on items they had planned for next year's roadmap is my pov.

[Anonymous No.3856327]

>>3856295
Link is very underrated. It hasn't reached other exchanges yet. And the technology is a lot more promising than most coins above them. So it seems logical that the market cap will rise.

But the real question is when. Link has been stable because people are holding. Everyone has their eyes on post-sibos anouncements but they might be nothing.

[Anonymous No.3856354]

>>3856189
>>3856219
>>3856209
>>3856259
>>3856262
Literally 0 rebuttals. SWIFT buys out Chainlink, replaces LINK token so that people will just stake ethereum/bitcoin, whatever instead. Boom, present your pink wojaks

[Anonymous No.3856433]

>>3856175
He is a good public speaker. (Sergey)

And if swift doesn't snap him up, I am very confident someone else will.

[Anonymous No.3856434]

>>3856354
Chainlink has the unique feature of being able to process off-chain data without that data being able to get manipulated.
Ethereum works with on-chain data. And bitcoin is just a fucking coin without any practical purpose.

Chainlink literally is a third generation coin.

[Anonymous No.3856475]

>>3856434

>3rd generation coin
You just described NEM. A 1st gen coin.

[Anonymous No.3856490]

>>3856434
wow, u were able to describe what chainlink network does, literally has nothing to do what i said. as in PAYMENTS FOR NODE OPERATORS

[Anonymous No.3856511]

>>3856061
The article's topic has nothing to do with link. This is an article about SWIFT's hyperledger technology PoC which is about nostro/vostro reconcilliation, a possible substitute to their current MT950 swift MT based message exchange process. Link is about feeding DLTs to external vendor API and vice versa. You guys might want to bear in mind that SWIFT is partnering/working with many technology providers on blockchain solutions for various requirements.

[Anonymous No.3856515]

>>3856511
It's certainly related.

SWIFT outlines two pillars when it comes to the future transformation of the financial industry:
1) Distributed Ledger Tech (DLT)
2) Smart contracts

Source: https://www.swift.com/node/39911
>"Distributed Ledger Technology (DLT) and Smart Contracts (SC) promise to transform automation in the financial industry, and are generating huge interest amongst financial institutions and technology providers."

The proof of concept (PoC) they're talking about in that article fits within the context of the broader GPI (global payments innovation) project of SWIFT, and relates entirely to DLT (= pillar 1).

Outside of Chainlink, SWIFT has nothing lined up (that we know of) for smart contracts (= pillar 2).

Now look at pic; showing the roadmap for this GPI project.
Notice how Phase 3 mentions the "industry challenge" meant to "create GPI overlay services".
Chainlink can very easily be described as an "overlay service", since it is a plug&play add-on that connects to SWIFT's DLT (Hyperledger Fabric).

[Anonymous No.3856520]

>>3856259

kekd

[Anonymous No.3856531]

And if someone is smart he understands that hyperledger corda and ripplejet are working together trouh interledgerprotocol .

Bois even chainlink can be integrated at interledgerprotocol.

[Anonymous No.3856534]

>>3856490
Making the tech more convoluted would just slow everything down.

[Anonymous No.3856543]

>>3856354
>Literally 0 rebuttals
Because I don't know where to start. Your replies are so fucking retarded and out of touch that I literally don't know what to respond with so it's easier to just tell you to kys.

>SWIFT buys out Chainlink
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAAHAHAHHAHAHAHAHAHAHA WHERE DO I EVEN START WITH THIS

COMPANIES WILL BUY TOKENS FOR USE SAME WHAT HAPPENED WITH RIPPLE

JUST

KILL

YOURSELF

PLEASE

[Anonymous No.3856557]

>>3856490
Can't have a decentralized network without incentives.

>>3856475
No crypto has ever brought external data to the blockchain with a decentralized oracle network of its own.
NEM is another instance of "bitcoin but betterer". That's what makes it 1st gen.

[Anonymous No.3856560]

>>3856354
>pay fees
or
>buy a company so you can pay the same fees in another currency

[Anonymous No.3856566]

>>3856543
im visualizing your pink wojaks already when LINK token is made redundant kek

[Anonymous No.3856580]

>>3856557
incentive= pay node operator in ethereum/btc/whatever instead without making another currency

[Anonymous No.3856588]

>>3856580
Except LINK works with multiple blockchains.

[Anonymous No.3856644]

>>3856557

>NEM is another instance of "bitcoin but betterer"
It's really nothing of the sort.
"I could accept ETH but betterer" but you sound clueless as to what NEM / XEM actually is and how it is used alongside the Mijin Network.

You might be interested in NEM as an investment if you're excited by LINK, worth checking out all you can maybe?

[Anonymous No.3856717]

>>3856644
>I could accept "ETH but betterer" but you sound clueless as to what NEM / XEM actually is
Well no because NEM is literally "NXT but betterer", and NXT is much older than ETH.
But you're right that NEM is basically a multi-purpose blockchain like ETH is.