Distributed ledger startup Ripple is ramping up its competition with banking services provider Swift by launching a rival conference this fall.
Swift has completed development work on its first blockchain proof-of-concept, and six global banks are about to put it through its paces.
Swift's months-long cross border blockchain trial is expanding with the entrance of more than twenty additional financial firms.
Interbank messaging platform Swift has completed a blockchain proof-of-concept built using a data oracle from startup SmartContract.
Long a target of blockchain disruptors, the ultimate banking middleman, Swift, is looking to re-position itself as part of the fight against hackers.
Swift has revealed new details of its banking-focused blockchain proof-of-concept that already has a number of notable partners participating.
Financial messaging giant Swift may have introduced new payments tech, but bitcoin startups still feel confident about their role in the industry.
A consortium of 47 banks has completed a distributed ledger technology pilot spearheaded by SBI Ripple Asia.
Swift plans hopes banks will sign up for its developing blockchain program after it issues criteria guidelines.
While Swift is bullish on its explorations of blockchain, it has sidestepped the tech in its new cross-border payments service, unveiled today.