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Topic: [2016-05-15]Second SWIFT Network Breach Shows Need For Distributed Ledgers (Read 275 times)

legendary
Activity: 1918
Merit: 1012
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Second SWIFT Network Breach Shows Need For Distributed Ledgers

While some financial experts feel it is still too early something as significant as distributed ledgers, the question becomes how much longer they can afford to hold off on this inevitable change...

read more

Swift is a legacy system.
Banks have some inertia towards adopting new systems. Once the security of blockchain systems is adequately demonstrated, they will shift en masse.

legendary
Activity: 1596
Merit: 1027
Second SWIFT Network Breach Shows Need For Distributed Ledgers

While some financial experts feel it is still too early something as significant as distributed ledgers, the question becomes how much longer they can afford to hold off on this inevitable change...

read more
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