fbpx

SWIFT

Home » SWIFT

How Blockchain Disrupts Global Business | Sibos 2019

Blockchain technology is reshaping the face of our global financial system, and it goes far beyond cryptocurrencies alone. Since Bitcoin’s arrival, the conventional finance world has been intrigued by blockchain, Bitcoin’s underlying disruptive technology. Now we are seeing that intrigue being transformed into a full-fledged and active public interest, and the potential onset of popular mass adoption. But why is the white-collar financial world interested in adopting the very technology that holds profound implications for …

How Blockchain Disrupts Global Business | Sibos 2019 Read More »

Wells Fargo’s Stablecoin ‘Faster, Cheaper’ Than SWIFT, Says Exec

Banking giant Wells Fargo says its blockchain for internal cross-border money transfers is faster and more efficient than SWIFT, the global messaging system used by over 11,000 financial institutions. Unveiled this week, Wells Fargo Digital Cash uses R3’s Corda Enterprise software to handle internal book transfers, when funds move from a payer’s account to a payee’s account at the same bank. “When we move money across the world and we need to exchange currencies, we …

Wells Fargo’s Stablecoin ‘Faster, Cheaper’ Than SWIFT, Says Exec Read More »

Scroll to Top