/biz/ - Business & Finance

>https://www.youtube.com/watch?v=o6frxYOk4fA

9:20
>I'm on the SWIFT board
>18 months ago we started digging [2015]
>Hints at talks with Sergey
>Workshops we had in London in April together with 20 clients of SWIFT
>SWIFT coming into the modern world
>The standard side of SWIFT
>SWIFT is taking a lead in creating standards in this space [blockchain]
>SWIFT as an organization will play a role
>My friend [Sergey] ... we just said before this session over coffee ...

11:05
>Sergey speaks

13:30
>Sergey speaks
>The appetite which senior folks had for actually implementing the technology in the near term
>This was a priority on a senior level agenda that was going to go to production in the near term

16:02
>Sergey speaks

21:17
>Sergey speaks

Facts:
- SWIFT is a cooperative based in Belgium (EU) and is mostly EU-based. For example, Sibos is in London and gpi is lead by banks in five European countries
- PSD2 is a European law that was ratified in 2015, which says that all EU banks must open up their APIs to everyone
- PSD2 is a threat to banks because it means banks must compete with fintechs for financial services
- Sibos 2016 was the first time they ran an industry challenge
- Participants in the challenge were invited. They did not apply
- This was the first time they ran an industry challenge
- Sergey was not working on Chainlink before this
- Sergey was invited and won

Everything else about the obscureness of the project, the insane ICO, the breadcrumb partnerships, you all know

But what I'm surprised by is that people here don't think that gpi Link is Chainlink
>https://www.swift.com/sites/default/files/resources/swift_gpi_link_pr_sdc.mp4