SWIFT gpi: Difference between revisions
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imported>Doug Williamson (Note blockchain context.) |
imported>Doug Williamson m (Simplify quote reference.) |
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Revision as of 15:22, 4 August 2018
Blockchain.
SWIFT’s 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, September 2017, p11.
See also
- Blockchain
- CGI
- Distributed ledger
- Fintech
- Payments and payment systems
- Ripple payment protocol
- Society for Worldwide Interbank Financial Telecommunications (SWIFT)
