/biz/ - Business & Finance

[Anonymous No.15712961]

gpi is for instant settlements
the poc was for smart contracts focused on bonds
completely different use cases, the whole point of gpi is that it takes one second to do cross border payments whereas the purpose of link is to add connectivity and security to complex smart contracts on decentralized networks
do you understand speed isn't the focus of chainlink at all? how decentralization adds more security but slows things down?
corda is centralized.

Furthermore, the whole swift connection is that chainlink will eventually connect the swift API to one oracle or adapter
when sergey talks about inputs and outputs for smart contracts, that's what the outputs are, means of payments, it means transfering your eth or btc or whatever to an exchange and then transfering it on an exchange after x happened and then sending the fiat payment to your bank account or whatever
it's for defi and gambling and insurance and other crypto scams etc, not for banks doing cross border payments, jesus fucking christ
that's what the paypal adapter is already for
it's a connection to the swift api to create a payment output for smart contracts
the swift api is public, any other oracle competitor will also be able to implement it, it's not exclusive to chainlink, do you understand this? the swift api is not exclusive to chainlink
similarily all the retards getting excited about psd2 don't understand open data means any competitor will also have the same access to the data.

[Anonymous No.15713016]

>>15712961
I don’t think you really understand what’s happening here.

[Anonymous No.15713035]

>>15713016
No one can refute this.