Drew

pymnts.com: SWIFT To Create New Cross-Border Real-Time Rails. https://www.pymnts.com/news/cross-border-commerce/cross-border-payments/2020/swift-to-create-new-cross-border-real-time-rails/ It's a fairly bland article, but leaves many doors open.

Wow, I sat this article Thursday or Friday. Did check to look see if it made it to xrpchat. Such controversy. My two thoughts, How spot liquidity, how do the funds move around. In a suitcase on an airplane? Still seems to imply counter party risk.

It be cool to talk about the content of the post too, not only the poster 😊

Love it, of course.

I found this an interesting comment in a Forbes article on the Fed now system The RTGS renewal project at the Bank of England announced the main technical partner this week. In subsequent press releases BoE admitted that that dismissal of a DLT based system done two years ago needs a rethink. Hooks into DLT based systems are planned. BoE is also using ISO 20022 as its electronic data interchange standard. Forbes: FedNow Aimed At Transforming The US Payment System Approved By The Board Of Governors Of The Federal Reserve. https://www.forbes.com/sites/vipinbharathan/2020/08/07/f

Tic tic tic tic tic tic tic

I for one fall on the, this is an optimistic outlook for the roll enterprises DLT will play in future cross boarder payment systems, side of this discussion. Additionally, I'm intrigued withe the emphasis stabelcoins are playing.my view is stabelcoins are more of a stepping stone. Specifically because stabelcoins introduce another layer of counter party risk. The absence of counter party risk is, in my view, one of the most profound possitives to a truly well designed DLT. Time will tell.

A pig is a pig, with makeup or not. It's this I think that separates the speculative market and the promise of future technology. Hopefully we all learn to see past the lipstick.

I'm not a fan of Forbes objectivity, but I'll read this article 🤣

Very interesting to ponder. Institutional structure is important.

If you want all of your transactions to be micro loans, nothing.

nice information

Just kidding is all

SWIFT must be back in the game some how. We will work with you but keep your hands off my pie kinda thing 🤣😂

Anyone have a clue as to who the target audience is for this information - seems a bit odd.