SWIFT, the 11,000-member global payments network, has announced a partnership with enterprise blockchain consortium R3, and the news is already being felt in the cryptocurrency market where the rusty gears of the ripple (XRP) rumor mill have begun to turn at a rapid pace. SWIFT Goes Blockchain with R3 Trial According to the announcement, SWIFT and R3 have developed a proof of concept that links SWIFT’s GIP payments network with R3’s Corda platform to monitor payment flows, settle gpi payments through their bank, and receive credit confirmations. The groups will publish the results of the trial in September. XRP bulls The post Why the R3-SWIFT Partnership is Cranking the Gears of the Ripple (XRP) Rumor Mill appeared first on CCN
