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The blockchain is transforming the way businesses are conducted across the world. What will be its effect on SWIFT, a legacy network for communication between banks that has lasted for 43 years?
Today, Ripple announced that they have struck a first-of-its-kind accord, with several major banking interests to created the GPSG, or the Global Payments Steering Group.
Could Bitcoin run the world in the future? SWIFT studied the idea in-depth.
SWIFT revealed that banks with weak security systems have been compromised by hackers after the US$81 million Bangladesh Bank heist in February.
Swift, the international settlement network which connects 11,000 global banks has likely been hacked according to a report by BAE Systems.
African blockchain-related startups will pitch new products at SWIFT African Regional Conference in Mauritius on May 18.
World experts commented to CoinTelegraph regarding the announcement of Wim Raymaekers, Head of Banking and Treasury Markets at SWIFT.
Belizean cryptocurrency exchange platform 247exchange.com adds Sofort Banking as one of its payment methods, allowing its customers to make instant purchases of bitcoins from more than 400 banks in 10 different European countries.
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