Published on October 13th, 2017 | by bitcoin0
swift blockchain success sets stage
Once considered perhaps the largest middleman at risk of being disrupted by blockchain, Swift took a notable step today toward becoming a disruptor.
We will need to make sure for the final solution that we take care of the different levels of investment.”
As a result, instead of a one-size-fits-all solution, Vanderveken said each Swift member will eventually have to analyze the value offered by blockchain and weigh it against the costs of implementation.
While the nostro-vostro blockchain PoC was deemed a success, Swift also noted several limitations.
In particular, Vanderveken said Swift is concerned about the possibility that cryptographic security could be hacked with quantum computers.