It’s Unanimous: Swift Blockchain Success Sets Stage for Sibos

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Once considered perhaps the largest middleman at risk of being disrupted by blockchain, Swift took a notable step today toward becoming a disruptor.

Revealed on the eve of its largest annual event, Sibos, the inter-bank platform, along with six banks including BNP Paribas, BNY Mellon and Wells Fargo, has deemed its flagship blockchain trial a success from both a technical and business perspective. First announced in January, the proof-of-concept tested whether moving funds stored in nostro-vostro accounts for…

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