SWIFT is one step closer to accepting and using Bitcoin. After months of work, a group of developers of the online banking platform managed to complete the concept of Proof of Concept, which was built with Hyperligament Fabric. The project, which is designed to determine whether or not it can help Swift to provide instant services (in real time) by transferring users' bank accounts to a distributed office, is step by step.
According to Damien Vanderveken, responsible for technology at Swift Distributed General Office, several banks, including New Zealand Banking Group, BNP Paribas, BNY Mellon, DBS Bank, Wells Fargo, and others have been granted access to this platform for further testing and testing. Is.
In the opinion of Swift, if this test is successful, it can release billions of dollars that are lying in the banks at banks (which is also available throughout the world and includes different currencies to be used to make transactions if needed). Slow With the transfer of funds to a general (and common) general office, this test seeks to ascertain whether deletion of this item is possible, if available, these funds can be used in other work.
Banks are expected to finish their work by the end of the month, when the results are validated by 22 other banks, including ABN Amro, Deutsche Bank, JPMorgan Chase and others.
The position of doubt remains
This short story and the advancement of this test have implications for Swift as well as the use of blockade in the banking industry.
Even with extensive experiments and efforts at various stages of development by Swift, the technology continues to look cautious. Vanderveken, for example, says in an ordinary fashion that such development does not create interest in the organization. "Bloccini is a very pervasive one, and if Blaccini has innovation or creativity, he says," I think it will be in the field of payments. " But can it do anything about instant payments? I do not think so. "
source : coindesk