/biz/ - Business & Finance

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!!

THIS SHIT IS GOING TO REACH $1,000 EASILY! HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

>>8202378
How do you know that they are using Link apart from the partnership

this is more like it.
$1,000,000 eoy!!!

i think this has nothing to do with the link POC to be honest
lik was about bond payments right?

Link pulled down their ‘create a hyperledger oracle’ recently as well; maybe due to the trial finishing?

>>8202566
Regardless, SWIFT's blockchain tech aspirations has gone from "uncertain" to pretty much confirmed at this point.

No mention of link or sergey. Mah hart. Ma sol.

>>8202535
> go to smartcontract website
> open the link of swift own oracle

you'll see this slide

>>8202603
certainly good news
but i wasnt sure anymore

>>8202378
>muh swift won't use hyperledger fud
>muh blockchain is still 10 years away fud

get fucked fudders, Link Marines will be treated as kings here in few months

>>8202672
I'm deep in link, not for the swift rumors, but has swift actually confirmed any of this?

>STRG+F "Chain" "Link"
>0 results

>>8202378
GPI has nothing to do with Chainlink, as far as we know.
Although this is good news for Chainlink in the sense that Swift is still developing and working with blockchain/DLT (specifically Hyperledger/Fabric).

>>8202798
Chainlink used to have a hyperledger oracle on their website...so theres some fire to the smoke

>>8202825
Well of course, Chainlink was designed to work with Hyperledger, that's the basis on which they developed the demo/PoC for Swift.

Why though? Banks transfer just fine the "old" fashioned way

>>8202825
that's no secret, but as far as I know creaing an adapter to any blockchain is a pretty easy task to do anyway

>>8202825
they still have it

>>8202748
https://www2.swift.com/sitesearch/#/?q=smartcontract

>>8202378

>SWIFT getting desperate
>Ripple already years again

This feels so good.

>no announcments about partnerships are ever made
>node operators begin to rake in incredible profits due to every bank on the planet using ChainLink
>Normies and retarded fudders FOMO in causing a tremendous bull run the likes of which have never been witnessed in our lifetimes
>the singularity and foretold prophecies have been fulfilled

>>8202898
Yeah, "partnerships" are such a meme in crypto. That and "announcements".

Smart contracts can potentially remove the need for banks, insurance companies, lawyers, commercial courts, ... They need (something like) Chainlink, not the other way around.
A """partnership""" with something like Swift would be nice for instant profits, but that's peanuts compared to the true long-term potential of smart contracts.

>>8202872
Nice, thanks! Very interesting and sort of promising!

>>8202796
Swift isn't going to talk about the underlying economic incentive for a third-party solution they use. If they do mention Sergey's project specifically, they're going to talk about "smartcontract.com", which is the name of the company.

More likely they're just going to talk about "smart contracts" in general, without mentioning Sergey's company.

Btw, the underlying Swift report behind OP's article mentions "smart contracts" 10 times, see https://www.swift.com/resource/gpi-real-time-nostro-proof-concept

(just fill in fake information, it doesn't matter)

Shieeieieieit

>>8202994
Brainlet here. i just download the report you mentioned and it mentions the name "nostro application" what is that?

>>8203077
Just google "nostro vostro".
Very basically it has to do with money held in international accounts, and how it's made liquid as quickly and painfully as possible.
This is also pretty much what IBM is trying out with Lumens.

>>8203103
>>8203077

>Being this deluded
>Not realising Ripple is already solving this problem - and changing the world as we speak while your Token is only used on Exchanges to scam people.

/biz never learn.

>>8203103
thanks, the rapport looks very promising for link

>>8203122
how is ripple solving this problem you retard?
no serious bank will ever use a shitcoin to transfer value.
Data on the other hand...

>>8203130
In general, Swift holds smart contracts in very high regard, as does pretty much the entire financial industry.
Swift many other top financial players (WEF, Capgemini, Gartner, ...) even explicitly mention and/or work with Chainlink (smartcontract.com) in this context.

Basically crypto as we know it today is getting saturated (just look at all the shitcoins out there), but smart contracts are only at the very beginning.

>>8203122
im holding roughly equal allocations of xrp and link as a part of my portfolio

anyone else or am i the only one?

>>8202994
when was this report published?

>>8203173
Thats true. If you "ctrl+f" the word "smart contract" on the rapport it mentions it 10 times. Shows just how important this is. We are all going to make it brahs

>>8203122
Ripple is no competition to swift brainlet

>>8203193
8th of march my friend

>>8202389

YOU MUST BE CERTAIN THAT YOU WILL RECEIVE WHAT YOU DESIRE
CERTAINTY CREATES INTENTION
INTENTION CREATES BELIEF
BELIEF CREATES UNDOUBTEDNESS
WHEN THERE IS NO DOUBT THERE WILL BE NO CHOICE BUT FOR IT TO MANIFEST INTO REALITY
NOW WE ARE CERTAIN, IT IS IMPOSSIBLE TO FAIL
DON'T JUST THINK ABOUT IT WITH YOUR CONSCIOUS MIND
FEEL IT - FEEL WHAT IT'S LIKE TO MAKE IT
FEEL THE EMOTIONS YOU WILL FEEL WHEN LINK HITS $1,000
FEEL THE EMOTIONS OF YOU BUYING YOU DREAM HOUSE AND CAR
FEEL THEM ALL AS THOUGH IT IS HAPPENING RIGHT NOW IN THE PRESENT MOMENT
IF YOU CAN FEEL IT BEFORE YOU CAN SPEAK IT, THEN THE MANIFESTATION IS WELL ON IT'S WAY!

>Whilst the use of smart contracts for
this purpose could be envisaged,
it would come at a potentially high
cost dependent upon the level of
customisation required on the top of the
DLT based solution.
In addition, feedback from participating
banks indicate that independently
from the underlying technology layer,
any potential industry solution should
leverage existing SWIFT gpi assets and
services, such as the central tracker, to
limit the banks’ required investment

I don't like that so much

>>8203173
this
just wait till smart contract become the biggest buzzword amonsgst normies
This will be the day we retire for life

>>8203355
you are a MANIAC

>>8203215

>cope 2/10

>>8203355

I DO EXACTLY THIS - EXCEPT I IMAGINE LINK AT 0.50.

>>8203503
you are retarded if you believe any serious bank/institution will ever use a volatile shitcoin to transfer value between eachother. Only deluded retards believe that.

>>8203503
>>8203523
you really gotta try harder man

>>8202389
you are a MANIAC

>>8203503
You might want to research a bit more anon

>>8203544

Sure, keep telling yourself that. And have fun holding that LINK.

Best of luck.

>>8203584
:')

>>8203584
It will be fun retiring this year indeed.
hold onto your trashbags tight faggot

>>8203703
>dat pic
pure gold

>>8203703
i-is that real?

>>8203176
You do know Ripple's banking software and their coin they are selling have little to nothing do with each other, Ripple coin is just a means to make people unaware of this fund their project. As far as use goes the coin is useless, cant be staked, cant be mined, more can be created by it's creators at the push of a button.

>>8203703
that's how you get in a history book right there.

>>8202378

>>8203755
You seriously haven't seen the original?

>>8203931
of couse but this is pretty good

>>8203778
it isn't a long term hold for obvious reasons whereas CL is

ive done my research into ripple and know that XRP is just ripple labs and is not related directly to their banking software and is completely a centralized asset

at the same time, that doesn't mean there is no use or utility from xrp as adoption in entrenched industries is a big factor for me when valuing crypto assets and ripple is clearly ahead of others in that arena

Hello Linkies,

Can anyone post that blonde girl in the amtrak with a branded coffee and a linkie over her nipple
Thabks

>>8202847
It saves an insane amount of money in overhead and transaction costs.

>>8202378
Didn't read nothing

>>8202378
>“Although the PoC demonstrated DLT could improve Nostro liquidity management and reconciliation processes, it also revealed that the pre-requisites will have to be met before banks can enjoy the full benefits of switching to a DLT process”, added Vanderveken.

>The PoC also showed that further progress is needed on the DLT technology itself before it will be ready to support production-grade applications in large-scale, mission-critical global infrastructures. For example, while 528 channels were required in the PoC to ensure Nostro accounts would only be stored on the nodes of their account servicers and owners, to productise the solution, more than 100,000 channels would need to be established and maintained, covering all existing Nostro relationships, presenting significant operational challenges.

LINKlets BTFO.

>>8204278
>He thinks that's bad news

>>8204074
this

>>8202847
If that were true, the entire banking industry wouldn't be clamoring for better solutions to things like nostro accounts.

Keep an eye on github. In the next 4 days you will see the "incentive" portion of the code start to be implemented.

chain link is the future, i can see it

>>8204278
anon. this essentially says: it works but we'll need lots of nodes full of link.
which will make the price go parabolic

>>8204498
I like incentives as much as the next goy.

>>8204578
i can't tell i he means people who don't hold chainlink are brainlets and they've been blow the fuck over, or if he's calling us brainlets for holding chainlink because he doesn't understand the article.

>>8204278
are u cereal? this means we will need 20x's the nodes initially thought. which means 20x's the token sequestration. which means 20x's easier for the price to moon, and 20x's the demand.

>>8204515
we're going to make it anon. we're going to make it...

>>8204802
yeah i was confused about that. maybe it was a backhanded around the corner thing. but noone here is smart enough to do that

>>8204498
fuck off larper

>>8204498
Feed this baby bird