• If SWIFT had a storefront in Ukraine, this would be their shingle (via Shutterstock).
    Ripple,  Technology

    Money transmitter SWIFT adds cryptocurrency capability with R3’s Corda

    The current bank transaction intermediary is playing catch-up with the speed, but not cost, of blockchain

    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).