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Swift or Swell?
"Many people find the universe confusing – it's not." – Stephen Hawking | | THE FEATURE Sibos Highlights Swift's Complicated Relationship With Blockchain Competing conferences found a similar scapegoat yesterday. With all eyes in the fintech world centered on two events – Sibos, held by Swift, and Swell, held by rival Ripple (and both in Toronto) – what was perhaps most notable was the common ground that seems to have ultimately prevailed. As put forth in CoinDesk's wrap-up coverage of the events (our Swell summary can be found here) there was a strong commonality in that both heavily touted the benefits of blockchain, while seeking to downplay (or in some cases marginalize) the achievements and utility of cryptocurrencies. That bitcoin should be the butt of jokes is nothing new. What is new, however, are the complex gymnastics that now appear to be an increasing part of the enterprise conversation. While Swift could take aim at all public cryptocurrencies, for example, Ripple had to cast doubt more specifically on "unregulated" versions of the technology (given it aims to encourage the use of its cryptocurrency XRP by banks and financial institutions). Sounds like shades of gray? It's also evidence of blockchain's advancement, too. Another example of a global conversation shifting from why – to how. | | ⭐️ COINDESK SPONSOR ⭐️ How to Start Trading Cryptocurrencies for Profit. This FREE master class shows what EVERYONE needs to know about trading digital currencies like bitcoin right now... For more information, click here. | | | | | |
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