Pushing SWIFT into the 21st Century

SWIFT selects Blockchain over Ripple

Prof Bill Buchanan OBE FRSE
12 min readJan 31, 2019

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We cannot underplay the role that our global finance infrastructure plays in our ever day lives, and any risks of it collapsing would cause major damage across the world. And so we should all know that the SWIFT network has major problems — often its trustworthiness is based on sequences of numbers — and must increase its overall trust. At the core of this must be a strong cryptography infrastructure and a fast consensus mechanism, along side the integration into a Merkle Tree.

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Prof Bill Buchanan OBE FRSE

Professor of Cryptography. Serial innovator. Believer in fairness, justice & freedom. Based in Edinburgh. Old World Breaker. New World Creator. Building trust.