SWIFT CEO Announces Integration with R3 Blockchain Consortium
The Society for Worldwide Interbank Financial Communications SWIFT intends to integrate the technology of the R3 blockchain consortium, which is the developer of the Corda DLT platform, writes CoinDesk.During his speech at the Paris Fintech Forum, SWIFT CEO Gottfried Leibbrandt said: "Today during the day we are announcing the integration with R3.".
Ripple CEO Brad Garlinghouse, who had previously repeatedly criticized SWIFT for using outdated technologies, took part in the discussion with Leibbrandt..
Last December, R3 launched the Corda Settler payment app, which aims to make global cryptocurrency payments on enterprise blockchains. XRP became the first cryptocurrency supported by Corda Settler.
Last December, SWIFT announced the launch of "Global Payments Initiative" (GPI), aimed at maintaining the status of the organization in the context of the proliferation of alternative blockchain solutions for communication between financial institutions, offered by Ripple and J.P. Morgan.
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