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Sunday, July 9, 2017

SWIFT Hyperledger-Backed Blockchain Project Nets 22 More Banks

SWIFT Hyperledger-Backed Blockchain Project Nets 22 More Banks

The international payments settlement network SWIFT has added a further 22 banks to its international Blockchain project.


The Proof-of-Concept scheme, part of the cross-border transfer scheme SWIFT gpi, is currently in development and testing, the new partner banks set to contribute to the latter.


The latest signups include Commerzbank, Societe Generale and JPMorgan Chase Bank, International Business Times reports.


“The potential business benefits ensuing from the PoC are clear,” Damien Vanderveken, head of R&D, SWIFTLab and UX at SWIFT, told the publication Thursday.


Full story at http://bit.ly/2u6fRED


Source: CoinTelegraph


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