https://www.swift.com/news-events/press-releases/swift-add-blockchain-based-ledger-its-infrastructure-stack-groundbreaking-move-accelerate-and-scale-benefits-digital-financeand yes, its a fucking prototype/isnt coming any time soon. oh well. Powered by everyone's favorite shitcoin. Here's to another 7 years of bagholding. Nice to see the jab at xarpees - "..with initial focus on real-time 24/7 cross-border payments" I wonder how they'll cope.
>>61009105link isn't mentioned tho, another nothingburger
>>61009108> Separately, building on earlier pilots, Swift also will add capability to support interoperability across existing and emerging systems for various use casesRepeat after meC C I PCIP
A conceptual prototype of a beta version of a test platform. We are gonna make it already in 2040 marines. I'm so excited
>>61009119as long as they don't mention Chainlink specifically we'll dump
>>61009119>CCIPCommonly Cucked Incel Piss?
so basically swiftchain will be the source of all global liquidity with swift as the issuer?
>>61009105>shadow fork fud confirmed>another prototypecan someone shop the pink table in the pic into a screaming wojak?
>>61009105its unironically over for this bullrun unless we can get press confirmation that the interop part is by chainlinklike, I know it is chainlink but the market needs to know it is chainlink for us to pump
>>61009151>https://blog.chain.link/the-swift-and-chainlink-partnership/they even talk about their partnership like its them
I thought Canton or Hyperledger Besu or whatever gay name it was was the banks private blockchain? I genuinely dont see how Swift making a blockchain which may or may not use CCIP is relevant and Im not even mindlessly fudding; its just underwhelming as fuck
>>61009119Repeat after meYOU'RE POOR
>>61009158Its a multichain world and who profits from this?Chainlink
>>61009158It’s called “chain-link” from the beginning for a reason
>>61009105biggest crypto blue balls
>>61009105Kek. Baggies. Bullish for XRP.
>>61009158It's not big news, but linkies will scream that it is to themselves then reee to themselves that the market hasn't responded.
>>61009158
>Swift's 3 year blockchain pilot that we have been obsessively following since it was a micro-crumb is finally going live in prod>/biz/ is absolutely miserablewow they really did a number on us, huh
>>61009158>I thought Canton or Hyperledger Besu or whatever gay name it was was the banks private blockchain?Those are two different private bank blockchains, and both are used by banks.And so are Quorum, Corda, etc.The banking system will run on a large multitude of private and public blockchains, and this new Swift chain is just another one added to the ever growing list.What don't you understand about this?
>>61009205This news is a direct Chainlink partner further proving that the future is multichain, and will run on CCIP.
are we also buying Linea to ride this play? Hasn't pumped, 48m volume, the test L2 for Swift transactions?
>>61009242It's not any already existing ledger.>"Swift will work with Consensys on a conceptual prototype of the ledger"
>>61009245How much longer until that becomes>Swift are proud to announce we have launched Swiftcoin in conjunction with various VC scammers just like Arbitrum?
>>61009105>with initial focus on real-time 24/7 cross-border paymentsWhat's most annoying is swift had 50years to figure this out. They sat on their asses until the very last minute when dozens of new competitors popped up, and now are retrofitting 3rd party systems to stay in the game. From a /Business & Finance/ historical perspective, it really does look like SWIFT will die off in the next 10-15years. It's the one thing i actually agree with xrpfags on.
>>61009245>will work towards>a prototypewhy does it never end?
Yes.https://www.youtube.com/watch?v=NG5kcgCJLpc
>>61009105https://www.youtube.com/watch?v=gDkmqnOmhwQ
>>61009274Implying they havent been thinking about it since 2016 or even earlierChainlink is their project
>>61009291>thinking about it since 2016 or even earlier>"Thinking about it">Only does something about when new competitors are finally in play>New competitors using new tech >Forced to go 3rd party to keep up>Hasn't left the prototype stageThey're behind. Historically, it's not a good sign.
>>61009274>What's most annoying is swift had 50years to figure this out.lol whatThey did figure it out. The speed they have now is as fast as shit gets without using blockchain.Gotta love how the same absolutely clueless retards who dream up Link fud are now turning their "talents" on fucking Swift.
>>61009307Are these competitors in the room with us right now? I missed the part where people around the world started doing transaction with something else than credit cards or cash
>>61009318>They did figure it out. Via 3rd party in 2025, in the "prototype" stage.>The speed they have now is as fast as shit gets without using blockchain.Which started rolling out in 2009. I'm not "fudding", I'm saying historically it looks concerning.>>61009324>Are these competitors in the room with us right now?If the competition didn't exist, they would not being working on real time cross border. We wouldn't even be talking about SWIFT. Competition forces innovation, in this case forced 3rd party partnerships.It's good for link, bad sign for swift.
>>61009347Can you name these fabled competitors?
>>61009358Mobius are working with QUICK on the Cross Mobe Mobility Mobocol.
>>61009358XRP is famously working with and against swift, a quasi hyperquantum competitorbullish for QNT?
>>61009318How many vaccines did you take you useless bootlicker?
>>61009274>swift had 50years to figure this outkek are you saying Swift should've invented blockchain 50 years ago?
>>61009381To be a competitors they would need actual users
>>61009644lmao vaccines had users because normies colluded seethe
>>61009365
>>61009347>Which started rolling out in 2009.And absolutely no one knew what it was back then and 0 institutions were using it or building with it. XRP wasn't founded until 2012, and even now 13 years later practically no one is using it, which further weakens your point. Pretty much what you're saying is: XRP (and other not yet named competitors) have been building from as early as 2012, and now SWIFT is forced to go 3rd party to keep up in 2025 because they are boomer latefags. What you're forgetting is that SWIFT clocked this shit in 2015 and had Sergey speak at every SIBOS since 2016, committing more resources and personnel to this partnership each year, proving that though skeptical at first, they were smart enough to keep feelers out for this new tech to potentially capitalize on it if it went anywhere. Fast forward to now, they are capitalizing on the tech now that it is maturing. >inb4 that's still 3-4 years later than XRPee!Sure, but as far as bankers are concerned that means SWIFT was super early to the table by having incubated Chainlink. Most institutions didn't start looking into this until early 2020s, subsequently going with 3rd party integrators too (which is completely industry standard and normal for fintech, not sure why you're so hung up about that). Chainlink proved to be ahead of the curve once again by betting on a muiltichain world, which is unfolding in front of our eyes as we speak. >>61009365Hearty kek
>>61010034>What you're forgetting is that SWIFT clocked this shit in 2015 and had Sergey speak at every SIBOS since 2016To iterate on that: being late with building your blockchain means nothing because building a blockchain is the easy part (and especially XRP fags seem to be blind for this fact). Connecting chains securely was the bottleneck, and it seems SWIFT feels confident that this hurdle has now been cleared sufficiently for them to announce their own chain (presumably because the pilots with Chainlink went well, but that's open for interpretation).
News from SIBOS regarding chainlink is abysmal so far. Just advancement of shit we already know. God damnit
>>61009158Besu is an open source EVM chain. Canton is probably another EVM chain but run by a number of major banks.
Sergey won After all these years the he finally won
>>61010608Advancement of shit we already know is what we are all waiting for. We don’t want to see any new trials or POCs
>>61009105looks like they’re going the route of destroying the ripple narrativetheir own run chain won’t be decentralized ledger technology (DLT) but distributed ledger technology amongst themselvesWhich means by de facto, faster than Ripple and cheaper. SmartFirst comes the destruction of the Ripple narrative, then the phoenix awakening of Link’s
>>61010718It was already a given before SIBOS.
>>61009105>ctrl + f chainlink>0 results
>>61010662SERGEY WONCHAINLINK HOLDERS LOSTSIMPLE AS THAT
>>61009163fucking based
That's cool and all... but.... price??? Oh..... and chart??
>>61009163not for long
>>61012156What is the origin of the graphic and what value does an "LLM consensus" add? Seems more like buzz word hype than anything
>>61009119See see, I pee!
>>61012156>LLM consensus New cope just dropped>come up with idea, start posting about imminent release before it’s even built>send out word to influencers and speak at conferences about this new idea will change the face of finance. create hundreds of diagrams(You are here)>release test version while putting out pr about it being “live”>release another test version after pr about mainnet being “live” for certain whitelisted users>repeat above for general public>comment publicly acknowledging that current usage is low, but just IMAGINE if it did 1,000x from now. Provide no information on how that would be achieved>after a few years, dismiss any criticism of low usage. Tell detractors they know nothing about creating secret software and testing phases will be completed shortly. Provide no timeline for completion>create calendar reminder to tell cult they are still early once every quarter>lastly, start moving attention onto next idea, letting the current one fade into the background. repeat above steps
>>61012174it means... well lets take a POTENTIAL example from the future when this system would be more complete. Because if you haven't noticed, our masters have bet all of civilization on AI being competent so none of this matters if it wont be anyways (cavemancore gets popular in that scenario)Ok but to explain the graphic, lets say you want to sell a virgin donkey for some $$$. Obviously you want the best price so you are going to tokenize it so that chinks and saudis and aztecs can outbid eachother and drive the price up.But how do they know your donkey is a virgin? They've never met you. They dont understand the culture of your homeland or that none of your people would ever think about fucking a donkey. They have no reason to trust your word. They are across the earth and live in their world where donkey fucking is totally normal. It's a trustless situation. No deal would be made.... unless we can make it trustless.Now what if you filmed that donkey's birth? What if every week you uploaded a short film of your donkey herd grazing? What if you had a social media profile that interacted with other humans? Could an AI look through this data and figure out the difference between the types of people who would or would not fuck a donkey?Obviously trusting that to an AI would be distopic. But what if there was an ecosystem of competing AIs? What if every time they made the wrong call and delivered a semen filled donkey they were "slashed" or lost some type of value? What if there were people running theses AIs and their fortunes and dynasty were ruined if they ran a shitty AI? Not even shitty, but maybe had 2% error when detecting virgin donkeys compared to the competitive market rate of 1.8%?AI can help us with the truth problem, but truth is a human concept. We have to motivate the AIs to align with human interest
>>61012381Thank you for putting this in terms I can understand. Now I am more bullish than ever.
>>61012174corporate actions
>>61010608Still three more days to go. And after that, just two more weeks, marine!
>>61009164>Its a multichain world and who profits from this?sergeys fat ass and chainlink the token are two different things
>>61010034>you're forgetting is that SWIFT clocked this shit in 2015 and had Sergey speak at every SIBOS since 2016faggot, you're forgetting that it came out the fat ass was wondering around sibos him himself like an idiot the first couple years destroying my chosen one larp
>>61009105Bullish for xrp
>>6100910560% of chainlink stakers and holders will literally die with their keys before anybody gets rich, therefore reducing supply kind of like how there is still 100k link in 0.1 staking. Grim grim fate.
>>61009119icy piss bros, wagmi?>>61009163I assume you hold link because these posts do nothing to persuade us to sell.
