The CEO of Microsoft believes blockchain can have “massive implications,” a comment that helped close Swift’s annual Sibos conference this year.
During Sibos, DAHs Blythe Masters, said while blockchain solutions can be expensive, they’re worth the cost for mitigating security holes.
No one won the game of trolls, but competition between Swift, Ripple and Stellar is still fierce, even though it might be too early for fists.
An upstart financial conference yesterday saw discussion of digital assets – though so-called “unregulated” cryptocurrencies were the butt of barbs.
Day one of Swift’s annual Sibos conference found the interbank messaging platform under pressure from the rising tide of cryptocurrencies.
Blockchain startup SmartContract has today unveiled a new a proof-of-concept built with assistance from five major financial institutions.
Without further cooperation, DLT risks ultimately recreating the many silos and disjointed systems that already exist, warns an executive at the DTCC.
Swift declares its blockchain proof-of-concept a success, but in the build up to its biggest annual event, implementation is far from certain.
Crypto-finance company Epiphyte has won the SWIFT Innotribe Startup Competition at the Sibos 2014 technology and innovation trade show in Boston.
Sibos 2014 included a day of seminars on bitcoin and the future of block chain applications.
Circle’s digital money platform is now publicly available across the world with support for seven languages.