Tag: SWIFT

Several top banks around the world are already collaborating with Chainlink to explore applications for the Cross-Chain Interoperability Protocol. The development firm behind the Chainlink protocol and its native token has gone live with its cross-chain protocol, aimed at providing interoperability between traditional financial firms and both public and private blockchains. In a July 17 post on…

The demise of the crypto-friendly bank has prompted discussion about who tipped the first domino, and where crypto firms can turn for their banking needs. The voluntary liquidation of crypto-friendly bank Silvergate has sparked many to share their thoughts about the source of its troubles and the broader impact of the bank’s collapse on crypto….

Interbank messaging service SWIFT has partnered with Chainlink Labs (LINK) for a cross-chain interoperability proof-of-concept project. The project would connect SWIFT’s network to every blockchain to allow traditional finance players access to digital and traditional assets within the single network. The link-up was announced at an event in New York on Sept. 28. At the…

An advisory group of the Arab Monetary Fund has listed RippleNet as a direct alternative to SWIFT in its guide for Arab central banks. The Arab Regional Fintech Working Group has recently released a “Practical Guide” for Arab central banks looking to understand the nuances of the burgeoning digital assets market. The working group advised…

A statistician and investor, Zhiyuan Sun, explains the pros and cons of this innovative digital coin. Ripple (XRP) has returned a respectable 12,758.41% to investors since its inception in 2012, turning a $10,000 principal into $1,265,841 within nine years. That’s pretty much, noted Zhiyuan Sun, but only decent relative to the crypto world. For example,…