Blockchain Will Absolutely Displace SWIFT

Blockchain Will Absolutely Displace SWIFT

Sometimes it is hard to understand just how little finance institutions actually understand blockchain technology. While blockchain is certainly not a panacea for financial institutions, it’s pretty close. And SWIFT is certainly no match. In a recent article featured on the website American Banker, the ability for blockchain tech to render an antiquated settlement and messaging technology called SWIFT was discussed. Apparently the mere mention of blockchain displacing SWIFT was shocking to bankers. That is just how ready for, forgive me for dropping this word, disruption these groups are.....


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