Ripple Not Impressed By SWIFT’s Global Payments Initiative

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ripple-is-not-impressed-by-swifts-global-payment-innovation-initiativeWhen it comes to exploring blockchain in the financial sector, Ripple seems to be on most institutions’ lists. The company is also represented at the annual Sibos conference, and they are not doing so in a shy manner either. By being very vocal on social media and posing some tough questions, Ripple is turning a lot of heads. But not everyone is too amused about their brash attitude during this event.

Sibos Attracts Financial Innovation From All Industries

Ripple is, as a blockchain service provider, a direct competitor for most the global banking systems presented at Sibos. The Global Payments Innovation initiative, which is run by SWIFT, is one of the top projects attendees are paying attention to. But the Ripple team is not entirely convinced this system has any viability in the long run.

To put

Read more ... source: TheBitcoinNews

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