Payments News » Distributed Ledger Technology (DLT)

Blockchain Proof Of Concept Completed By SWIFT

March 9 2018

“The PoC sought to answer a number of questions surrounding DLT: whether the technology, combined with SWIFT assets, would meet industry-level governance, security and data privacy requirements; whether DLT could bring concrete benefits over other architectures; and to check the technology’s current level of maturity to serve as a production-grade application within a mission-critical global […]

Tech

Why Blockchain Will Survive, Even If Bitcoin Doesn’t

March 12 2018

“Take logistics. Already, 1.1 million items sold or on sale at Walmart are on a blockchain—including chicken and almond milk—helping the company trace their journey from manufacturer to store shelf. Global shipping giant Maersk uses the same technology from IBM to track shipping containers, making it faster and easier to transfer them and get them through customs.”

Companies

Ripple Is Going After Startups To Build An Ecosystem Around The XRP Cryptocurrency

May 14 2018

“Former head of Facebook’s developer network leads ‘Xpring’ initiative to expand the $28B cryptocurrency. Ripple is making a push to expand the use of the XRP cryptocurrency it created into new verticals and segments beyond the payment and banking space where the company is focused.”