SWIFT gpi: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Standardised display of Other links to only show website name and not hyperlink.)
imported>Doug Williamson
(Add quotes from The Treasurer.)
Line 1: Line 1:
''SWIFT''
''SWIFT''


Global Payments Innovation.
Global Payments Innovation, a closed private blockchain for cross-border payments.




"SWIFT gpi dramatically improves the customer experience in cross-border payments by increasing the speed, transparency and end-to-end tracking of cross-border payments."
<span style="color:#4B0082">'''''SWIFT v Ripple - cross-border payments'''''</span>


(''SWIFT webpage''.)
:"One possible practical application of blockchain technology has been identified as payments - specifically, cross-border payments.
 
:Currently, there are two principal approaches being taken: SWIFT gpi with a hyperledger protocol (a closed private blockchain), and Ripple with an interledger protocol (peer-to-peer with no central hub).
 
:There are pros and cons to both approaches..."
 
 
:''The Treasurer magazine, September/October 2017, p11 - Technical Briefing.''






== See also ==
== See also ==
* [[Blockchain]]
* [[CGI]]
* [[CGI]]
* [[Distributed ledger]]
* [[Fintech]]
* [[Payments and payment systems]]
* [[Payments and payment systems]]
* [[Ripple payment protocol]]
* [[Society for Worldwide Interbank Financial Telecommunications]]
* [[Society for Worldwide Interbank Financial Telecommunications]]
* [[SWIFT]]




===Other links===
===Other links===
* [http://www.swift.com/index.page?lang=en Society for Worldwide Interbank Financial Telecommunications]
* [http://www.swift.com/index.page?lang=en Society for Worldwide Interbank Financial Telecommunications]

Revision as of 08:56, 1 October 2017

SWIFT

Global Payments Innovation, a closed private blockchain for cross-border payments.


SWIFT v Ripple - cross-border payments

"One possible practical application of blockchain technology has been identified as payments - specifically, cross-border payments.
Currently, there are two principal approaches being taken: SWIFT gpi with a hyperledger protocol (a closed private blockchain), and Ripple with an interledger protocol (peer-to-peer with no central hub).
There are pros and cons to both approaches..."


The Treasurer magazine, September/October 2017, p11 - Technical Briefing.


See also


Other links