Pension Protection Fund Ombudsman and Ripple payment protocol: Difference between pages
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( | ''Blockchain - cross-border payments'' | ||
Ripple is a peer-to-peer protocol for cross-border payments, with no central hub. | |||
<span style="color:#4B0082">'''''SWIFT v Ripple - cross-border payments'''''</span> | |||
:"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 == | ||
[[Category: | * [[Blockchain]] | ||
* [[Distributed ledger]] | |||
* [[Fintech]] | |||
* [[Protocol]] | |||
* [[Society for Worldwide Interbank Financial Telecommunications]] (SWIFT) | |||
* [[SWIFT gpi]] | |||
==Other resource== | |||
[http://www.treasurers.org/node/10047 Peer Pressure, The Treasurer, April 2014] | |||
[[Category:Cash_management]] | |||
Revision as of 17:30, 31 October 2022
Blockchain - cross-border payments
Ripple is a peer-to-peer protocol for cross-border payments, with no central hub.
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
- Blockchain
- Distributed ledger
- Fintech
- Protocol
- Society for Worldwide Interbank Financial Telecommunications (SWIFT)
- SWIFT gpi
