SWIFT and Ripple Are Secretly Negotiating the Cooperation Plan?

SWIFT and Ripple Are Secretly Negotiating the Cooperation Plan?

Major global banking payments network SWIFT has revealed its plans to integrate technologies of the blockchain consortium R3 which previously launched the Corda Network.
 
Performing at the Paris Fintech Forum on January 30, CEO of SWIFT Gottfried Leibbrandt said that his company would announce its plans for cooperation with R3 later today. Leibbrandt spoke in a joint panel with Brad Garlinghouse, CEO of Ripple which has long touted itself as a blockchain competitor to SWIFT’s global interbank network and even claimed that Ripple would capture the market of interbank payments soon.
 
Despite the fact that last year SWIFT took part in a few blockchain pilots, it has not substantially reconsidered its wire transfer architecture yet.
 
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This rumor made Ripple rocket by 10% in an hour. If it is true, Ripple will go up high. Now you see how strongly the cryptocurrency market depends on the news.