Bank transaction intermediary SWIFT announced on June 24 that if its current proof-of-concept test is successful, it will incorporate R3’s Corda enterprise distributed ledger technology (DLT) into its new high-speed payment confirmation platform, Global Payments Innovation (gpi).
Ripple and MoneyGram announce deal
The partnership can cut the cost of remittances from as much as $30 to fractions of a cent
Ripple has announced a partnership that will bring blockchain technology to MoneyGram, a leading global money transfer firm that operates in more than 200 countries. As part of the deal, Ripple has committed $50 million to MoneyGram, which it can draw on in exchange for equity over the life of the two-year deal.
R3/SWIFT deal threatens to bring back an old conflict
Partnership still won’t bring DLT’s decentralization to the decades-old industry
Enterprise blockchain provider R3 will partner with SWIFT, the service banks have long used to process secure interbank payments, to bring distributed ledger technology to the most powerful middleman in the financial world..
The 2019 Modern Consensus 100 Most Influential People in Crypto
The individuals moving, shaking, and shaping cryptocurrencies and blockchain technology right now
Who are the most influential people in crypto today? It’s one we often contemplate at Modern Consensus and, with the start of the year, we thought we’d try to answer it as best we can—with a list, of course.
