/biz/ - Business & Finance

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Anonymous Wed Jan 30 15:03:58 2019 No.12603094 [Reply] [Original]

Ripple got BTFO by SWIFT today.
SWIFT's 'gpi Link' is a direct competitor for xCurrent. Read the description and compare with xCurrent:
>New “gpi Link” gateway will enable trade platforms to offer fast, secure and transparent settlement of payments by gpi banks
>gpi Link will seamlessly connect gpi members to multiple trade platforms thereby enabling gpi payment initiation, end-to-end payment tracking, payer authentication and credit confirmation.
>The gateway will enable the continuous monitoring and control of payment flows and the subsequent movement of goods by those trade platforms
https://www.swift.com/resource/pr-swift-open-gpi-e-commerce-and-dlt-platforms
now xCurrent:
>xCurrent is Ripple’s enterprise software solution that enables banks to instantly settle cross-border payments with end-to-end tracking.
>Using xCurrent, banks message each other in real-time to confirm payment details prior to initiating the transaction and to confirm delivery once it settles
https://ripple.com/ripplenet/process-payments/

Corda settler is a third network that functions as a layer 2 to 'settlement networks'. It now supports both SWIFT's link gpi and ripple. This doesn't in any way mean that swift is now going to use ripple network for anything, not to mention xrp. Other settlement networks are going to be added in the future.
Corda settler is very similar to what omisego was supposed to be.

In summary, what the recent Corda news means is that the banking system is moving to DLTs without using Ripple. It's incredibly bearish for XRP.

>>	Anonymous Wed Jan 30 15:05:13 2019 No.12603105 >>12603094 Control f “chainlink” >0 results

>>	Anonymous Wed Jan 30 15:05:44 2019 No.12603112 File: 86 KB, 680x748, AE4FFCEC-96C8-4ABE-AE2F-2FE8AD21AF7B.jpg [View same] [iqdb] [saucenao] [google] chainlink $1000 eoy

>>	Anonymous Wed Jan 30 15:05:47 2019 No.12603113 >>12603105 This thread is not about chainlink.

>>	Anonymous Wed Jan 30 15:15:18 2019 No.12603191 >>12603113 Are you sure?

>>	Anonymous Wed Jan 30 15:16:11 2019 No.12603198 >>12603113 By all means, this is a chainlink thread. Read >>12603152

>>	Anonymous Wed Jan 30 15:17:27 2019 No.12603211 >>12603113 Isn’t it though?

>>	Anonymous Wed Jan 30 15:17:58 2019 No.12603214 >>12603094 how do you have this much IQ to make this thread but you dont want to see they need an open source decentralized external data middleware?

>>	Anonymous Wed Jan 30 15:19:59 2019 No.12603225 >>12603113 >This thread is not about chainlink. Ummm.. A-Anon..

>>	Anonymous Wed Jan 30 15:21:23 2019 No.12603239 File: 1.53 MB, 4032x3024, 00ED1AA8-29B5-457A-BE4E-C935B85C6B1D.jpg [View same] [iqdb] [saucenao] [google] 100k link, I’m so hungry.

Anonymous Wed Jan 30 15:21:47 2019 No.12603246

What the fuck is this?

In addition
to execution and settlement via our exchange platform, we are working to incorporate three
Institutional grade settlement options: 1) real-time securitised token settlement (entirely
eliminating settlement risk) directly between counterparties via the SWIFT17 network using the
ISO20022 standard, being developed in conjunction with ChainLink

>>	Anonymous Wed Jan 30 15:24:23 2019 No.12603264 Linkies gonna /makeit/

>>	Anonymous Wed Jan 30 15:31:55 2019 No.12603338 >>12603214 oracle about what? payments are signed by the banks that originate them. There's no need for any oracle, just check the signature.

>>	Anonymous Wed Jan 30 15:44:47 2019 No.12603464 >>12603094 All Chainlink

>>	Anonymous Wed Jan 30 16:05:41 2019 No.12603665 >>12603246 Where did you get this quote?

>>	Anonymous Wed Jan 30 16:11:36 2019 No.12603719 Bump for link info

>>	Anonymous Wed Jan 30 16:13:50 2019 No.12603748 >>12603719 Bumpin' I have 250k+ Link and I'm not in a single fucking discord, just want more real genuine discussion on /biz/ sick of these raging poorfag discord douches ruining it for everyone else

>>	Anonymous Wed Jan 30 16:17:43 2019 No.12603792 So SWIFT asically integrated a platform that currently exclusively uses XRP for transactions that use crypto and yet ripple was BTFO? This place is so stupid it's actually sad.

>>	Anonymous Wed Jan 30 16:19:24 2019 No.12603810 >>12603665 From his head when he made it up just now

>>	Anonymous Wed Jan 30 16:24:22 2019 No.12603853 >>12603665 Secret. All I can say is we're going to make it fren.

>>	Anonymous Wed Jan 30 16:36:38 2019 No.12603994 >>12603246 https://cdrx.io/docs/wp/whitepaper-en.pdf you just copied-and-pasted that shit from here. THIS IS NOT SWIFT

>>	Anonymous Wed Jan 30 16:39:48 2019 No.12604027 >>12603994 It says pretty clearly swift is working with link, you think they lie?

>>	Anonymous Wed Jan 30 16:43:59 2019 No.12604074 File: 183 KB, 476x463, 1548623767277.png [View same] [iqdb] [saucenao] [google] LMAO The effort here. I bet they will make this BS here news tomorrow at coinsdesks LOL >NO RIPPLE1!!!1! >NO XRP!!11!

>>	Anonymous Wed Jan 30 16:44:41 2019 No.12604078 >>12604027 it's obvious that cdrx just took that from chainlink's website and nobody from LINK is going to confirm any ongoing involvement with SWIFT. This does SEEM like link but nobody can say for sure until we see tx's on the mainnet.

>>	Anonymous Wed Jan 30 16:45:09 2019 No.12604082 >>12603792 Imbeciles in here anon

>>	Anonymous Wed Jan 30 16:53:12 2019 No.12604163 >>12603719 bump

>>	Anonymous Wed Jan 30 16:56:29 2019 No.12604201 >>12604078 Big players like SWIFT won't be the first traffic generators, they most likely will slide into a running system to avoid any possible vulnerability. The whole ecosystem of smartcontracts needs to run flawlessly.

Anonymous Wed Jan 30 17:03:59 2019 No.12604279

>>12603792
>So SWIFT asically integrated a platform that currently exclusively uses XRP for transactions
how dumb to you have to write that and not realize what that means?
Xrp was the only platform for corda to interact with it, now it's second choice and can be completely ignored by all corda users, not to mention swift.

Anonymous Wed Jan 30 17:07:30 2019 No.12604314
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>>12603792
I was thinking exactly the same thing. Linkies are so fucking deluded they will make anything with the word "link" in it somehow correlate to chainlink because in their minds it's one in the same lmfao

Anonymous Wed Jan 30 17:09:34 2019 No.12604332
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>>12604279
Nice wordplay you guys lay out here.

Its like mental sports.

IT CANT BE XRP THAT WOULD KILL EVERYBODY IN CRYPTO!1!!1

KILL EVERYTHING CRYPTO STANDS FOR!1!!!!1

>>	Anonymous Wed Jan 30 17:11:25 2019 No.12604351 >>12604332 ok brainlet a simple analogy that even ripplefag like you should understand: Saudi Arabia starts to accept euros for its oil, in addition to dollars. Is that good for the US dollar or bad?

>>	Anonymous Wed Jan 30 17:12:27 2019 No.12604368 >>12604314 chainlink + accord + corda + swift hundreds of teams take a second to see for yourself

Anonymous Wed Jan 30 17:14:09 2019 No.12604382
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>>12604351
Here is a pro tip for you to wrap your brain around: R3 has a singed exclusivity agreement with XRP to use them for all settlements. Now tell me again how in the fuck this is good for anyone other than XRP????

>>	Anonymous Wed Jan 30 17:15:15 2019 No.12604393 >>12604382 >signed exclusivity agreement >google >0 results haha

Anonymous Wed Jan 30 17:17:06 2019 No.12604408

>>12604382
>R3 has a singed exclusivity agreement with XRP to use them for all settlements
Any source? That's impossible because that would destroy the whole point of corda, which is a layer 2 network for many different settlement networks. It would make it exclusively a sidechain to ripple, but we know that's not the case because they are integrating swift link.

>>	Anonymous Wed Jan 30 17:17:38 2019 No.12604415 File: 45 KB, 800x450, 1513939493170.jpg [View same] [iqdb] [saucenao] [google] >>12604393 >Google swift/chainlink 0

>>	Anonymous Wed Jan 30 17:19:35 2019 No.12604430 File: 33 KB, 600x600, fuckmyshitup.jpg [View same] [iqdb] [saucenao] [google] >>12604408 Look into the out of court settlement between R3 and XRP/Ripple. That was the agreement that ended the court proceedings.

>>	Anonymous Wed Jan 30 17:20:42 2019 No.12604444 >>12604430 how about you link it faggot because there's no exclusivity agreement and I'm not going to waste time searching for something that doesn't exist

>>	Anonymous Wed Jan 30 17:20:59 2019 No.12604448 >>12603748 you'll never get real discussion on here. I don't get on discord either. I want real discussion on here too but this isn't the place for it, unfortunately. It's just people with ulterior motives shilling stuff

>>	Anonymous Wed Jan 30 17:25:22 2019 No.12604500 File: 57 KB, 400x388, 1546991550407.jpg [View same] [iqdb] [saucenao] [google] >>12604444 If you want info then fucking work for it. In the meantime stay blind and go all in your precious link and be fucking poor.

>>	Anonymous Wed Jan 30 17:26:37 2019 No.12604524 >>12604500 this is not a thread about chainlink you brainlet. SWIFT's gpi Link is something completely unrelated.

>>	Anonymous Wed Jan 30 17:27:18 2019 No.12604528 File: 59 KB, 636x321, 756AF7E7-0DC9-4BE8-B581-475065E593A6.jpg [View same] [iqdb] [saucenao] [google] >>12604444 Nice quads.

>>	Anonymous Wed Jan 30 17:29:08 2019 No.12604539 File: 221 KB, 1024x1024, 1548323707174.jpg [View same] [iqdb] [saucenao] [google] >>12603094 >gpi Link

>>	Anonymous Wed Jan 30 17:34:26 2019 No.12604584 >>12604524 GPI LINK is Chainlink connectivity, brainlet

>>	Anonymous Wed Jan 30 17:36:01 2019 No.12604605 >>12604584 It does seem probable but you can't exactly verify that.

>>	Anonymous Wed Jan 30 17:38:50 2019 No.12604633 Ya’ll hearda dis thing called chain link?

>>	Anonymous Wed Jan 30 17:40:38 2019 No.12604650 >>12604605 It's like they are slapping us with a big floppy dick and we can't say anything because there's a chance that it might just be a sausage.

>>	Anonymous Wed Jan 30 17:42:32 2019 No.12604668 >>12603094 Are you actually that retarded anon

>>	Anonymous Wed Jan 30 17:42:35 2019 No.12604669 >>12604584 The description of gpi Link in the OP doesn't seem like what a decentralized oracle would do though...just because it has link in the game doesn't mean it is referring to chainlink.

>>	Anonymous Wed Jan 30 17:49:23 2019 No.12604727 >>12604584 I thought swift gpi has nothing to do witg chainlink They did the bond payment poc for them that seems to be all

>>	Anonymous Wed Jan 30 17:52:06 2019 No.12604757 >>12603113 Isn’t it?

>>	Anonymous Wed Jan 30 17:52:33 2019 No.12604761 File: 15 KB, 607x648, 1535243569095.png [View same] [iqdb] [saucenao] [google] >>12604314

>>	Anonymous Wed Jan 30 18:46:45 2019 No.12605179 >>12603094 >not understanding corda runs xrp

>>	Anonymous Wed Jan 30 19:14:47 2019 No.12605411 >>12604351 Where can I buy this OIL shitcoin? It's not even on coinmarketcap

>>	Anonymous Wed Jan 30 19:17:47 2019 No.12605430 File: 108 KB, 399x760, CF92E575-079E-4B1D-888A-E4160F0F339B.jpg [View same] [iqdb] [saucenao] [google] >>12603094 >bearish

>>	Anonymous Wed Jan 30 19:21:48 2019 No.12605460 >>12605430 bagholders that pumped it don't have much money left. It means ripple lost competition with swift. https://twitter.com/Christophe___M/status/1090705449601634305

Anonymous Wed Jan 30 19:32:55 2019 No.12605556
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>>12603105
>>12603113
>>12603338
>>12603719
>>12603994
>>12604027
>>12604078
>>12604314
>>12604415
>>12604524
>>12604650
>>12604669
>>12604727
Fucking newfags kys! All you need to know is in your fucking face from months, officially. Can we let this thread die already?

Sage

>>	Anonymous Wed Jan 30 19:37:57 2019 No.12605607 >>12605556 Also, xrp bagholders belongs to twitter, under every coinbase tweet begging for listing like the pajeet niggers they are. Leave my fucking board REEEEEEEE

>>	Anonymous Wed Jan 30 19:38:47 2019 No.12605617 >>12603853 Secrets don’t make friends.

>>	Anonymous Wed Jan 30 22:42:23 2019 No.12607006 Bump

>>	Anonymous Wed Jan 30 23:04:27 2019 No.12607139 >>12604368 https://medium.com/@accordhq/smart-legal-contracts-and-oracles-36d4eb538a92

Anonymous Wed Jan 30 23:11:58 2019 No.12607191

>>12607139
From what I read today, SWIFT said no thanks to Ripple, and it is a matter of time, and probably short-lived, that Ripple will be used with R3 in SWIFTS process. Why any Ripple supporter would be excited about today's news is beyond me, they basically got kicked to the curb.

>>	Anonymous Wed Jan 30 23:18:43 2019 No.12607223 >>12603665 >Where did you get this quote? here: page 12, section 5.7 https://cdrx.io/docs/wp/whitepaper-en.pdf

>>	Anonymous Wed Jan 30 23:26:13 2019 No.12607271 >>12605460 Twitter is so fucking cancerous. So Im supposed to sit there looking at a 20 minute video and cant fucking tab away without it being muted.

>>	Anonymous Wed Jan 30 23:43:46 2019 No.12607385 >>12603094 >people actually thought RIpple wasn't a vaporware scam >people actually thought banks would use RIpple >people actually bought Ripple

>>	Anonymous Wed Jan 30 23:47:39 2019 No.12607408 >>12607385 this get kiked, cripplefags

>>	Anonymous Wed Jan 30 23:59:15 2019 No.12607472 File: 129 KB, 1608x905, 2ABBDE51-D95D-4127-BF94-614AE718E423.jpg [View same] [iqdb] [saucenao] [google] >>12607223

>>	Anonymous Thu Jan 31 00:01:27 2019 No.12607482 >>12603239 Same. That looks just like my fridge.

>>	Anonymous Thu Jan 31 00:44:48 2019 No.12607726 >>12607223 This is whitepaper for cdrx...not chainlink.

>>	Anonymous Thu Jan 31 00:48:30 2019 No.12607745 >>12605556 This could mean anything, also the webpage itself can be outdated...you know how the team is when it comes to that stuff as well as spelling errors.

>>	Anonymous Thu Jan 31 01:30:39 2019 No.12607990 >>12603112 based and checked

>>	Anonymous Thu Jan 31 03:39:36 2019 No.12608641 >>12607745 Too vague to you? Quit crypto and invest in a new tv.

>>	Anonymous Thu Jan 31 05:06:01 2019 No.12609065 >>12603112 >>12603113 Ahem

Anonymous Thu Jan 31 05:15:46 2019 No.12609128

>>12604382
>R3 has a singed exclusivity agreement with XRP to use them for all settlements.
You are so clueless it's fascinating.

This news is about Corda Settler using Swift GPI.
In other words: Corda is using Swift, not the other way around.

Plus, it is made VERY explicit that "Corda Settler" is meant to be an all-encompassing payment solution, spanning all cryptos, fiat, ….
XRP was simply the first payment rail that was incorporated, likely because Corda had a bunch of XRP from previous contracts.

So now "Corda Settler" has two payment gateways: XRP and GPI. And there will be many more to follow.

>>	Anonymous Thu Jan 31 08:18:42 2019 No.12610026 File: 236 KB, 771x606, 1519751409452.png [View same] [iqdb] [saucenao] [google] Stinky motherfucking LINK We're going to make it.

Anonymous Thu Jan 31 08:21:46 2019 No.12610040

>>12609128
>>12610026
How stupid you people are? This has been discussed last year

These news do not relate to Chainlink at all
https://www.reddit.com/r/LINKTrader/comments/7i5pca/clarifying_misconceptions_about_chainlink_swift/
>ChainLink PoC for Swift = Bond coupon Payments
>ChainLink PoC is NOT SWIFT gpi
>ChainLink PoC IS NOT Nostro reconciliation
>Mentions of ISO20022 do not necessarily relate to ChainLink

All you retarded kids can do is shout "FUD FUD FUD!"

SWIFT GPI Link has absolutely nothing to with Chainlink. This is not bullish news, this is not even bearish nows for Chainlink: THIS IS TOTALLY UNRELATED NEWS YOU FUCKING RETARD STUPID FUCKS

>>	Anonymous Thu Jan 31 08:26:56 2019 No.12610059 >>12610040 technically it is bearish, because it shows once again institutions like and including swift have been showing direct interest in blockchain platforms and projects, while there's been utter silence across the board in relation to chainlink

>>	Anonymous Thu Jan 31 08:27:36 2019 No.12610063 File: 220 KB, 1080x1248, 1548941065533.jpg [View same] [iqdb] [saucenao] [google] >>12610026 I'm sorry kid, I really wanted you to "make it", but read pic related and do your own conclusions.

>>	Anonymous Thu Jan 31 08:28:44 2019 No.12610067 >>12610040 That's where you're wrong kiddo.

>>	Anonymous Thu Jan 31 08:29:12 2019 No.12610072 >>12610040 You replied to me >>12609128 but your post has nothing to do with what I said.

Anonymous Thu Jan 31 08:38:53 2019 No.12610123
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*tink tink tink*
*ahem*
Now now gentlemen, a brief moment of your time please!
I pose a question to you all: just exactly HOW does the Corda Settler connect to off-chain information?
That is to say, what oracle service does it utilize?
If you know, you know!

... and FUCK RIPPLE!

>>	Anonymous Thu Jan 31 08:43:38 2019 No.12610154 >>12610063 Duh, he didn't say they weren't, he said what was publically known. I seriously doubt he would of shared something that wasn't already common knowledge in reply to that question. That exchange proves jackshit.

>>	Anonymous Thu Jan 31 08:47:36 2019 No.12610175 >>12610154 Rory clearly states in the message that the only PoC Chainlink has worked with Swift was Bond Coupon Payments and thus Chainlink has absolutely nothing to do with Swift GPI I'm sorry kid, that is just the way it is

>>	Anonymous Thu Jan 31 08:52:37 2019 No.12610219 >>12610175 I think you might want to read that exchange a little closer bro, he did not say they were not involved with Swift GPI, he said the POC was for bond payments. His response was directed specifically to the poc portion.

>>	Anonymous Thu Jan 31 08:52:41 2019 No.12610223 >>12610175 How do you think Rory would have responded if they had an nda on everything except the POC bond payments?

>>	Anonymous Thu Jan 31 08:53:41 2019 No.12610238 >>12610223 Exactly the way he did.

Anonymous Thu Jan 31 08:57:32 2019 No.12610273

>>12610219
>>12610238
That is delusional.
This is like if the question would be:
"Hey I heard you have been married to your wife Samantha for 20 years, but some people have been talking that you have secret relationship with Megan Swift, are these rumors true?

To which Rory would reply:
"The only relationship I ever had has been with Samantha"

In this scenario, Rory would not be denying ever having wild sex with Megan Swift, but it would be obvious to any non-autist reading comprehension that it is probably a very unlikely scenario.

Anonymous Thu Jan 31 09:01:12 2019 No.12610302

>>12610273
The word "only" would imply exclusivity and therefore a denial.

It's more like this
"Hey I heard you have been married to your wife Samantha for 20 years, but some people have been talking that you have secret relationship with Megan Swift, are these rumors true?

"I have a relationship with my wife"

>>	Anonymous Thu Jan 31 09:29:55 2019 No.12610495 >>12610040 >Mentions of ISO20022 do not necessarily relate to ChainLink >>12603246 >being developed in conjunction with ChainLink

>>	Anonymous Thu Jan 31 09:57:51 2019 No.12610691 >>12610495 The founder of iso is actually the CEO of Quant. Fact. Do you need any more hints who has whitelisted there platform? Im sure its a coincidence Quant is connecting Corda.

>>	Anonymous Thu Jan 31 09:59:01 2019 No.12610699 >>12603094 even if they worked with Ripple, why the fuck does anyone thing this XRP token garbage would be involved in that?

>>	Anonymous Thu Jan 31 10:34:34 2019 No.12610966 >>12604351 Depends on if oil stays the standard fuel type

>>	Anonymous Thu Jan 31 12:26:26 2019 No.12611841 File: 247 KB, 2852x1378, 1547713484689.jpg [View same] [iqdb] [saucenao] [google] >>12603094 >>12603113 >>12604368

Anonymous Thu Jan 31 12:48:20 2019 No.12612046
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>>12603113
>>12604314
>>12604332
>>12604382
>>12604415
>>12604500
>>12604727
>>12605179
>>12609128
>>12610040
>>12610063
>>12610175

All these fudders are ABSOLUTELY IRREVOCABLY ASSBLASTED

holy fuck I've never seen this amount of salt from swing traders

>>	Anonymous Thu Jan 31 12:52:51 2019 No.12612100 >>12603113 Kek sure it isnt

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