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Bitcoin => Press => Topic started by: Blawpaw on May 15, 2016, 03:14:00 PM



Title: [2016-05-15]Second SWIFT Network Breach Shows Need For Distributed Ledgers
Post by: Blawpaw on May 15, 2016, 03:14:00 PM
Second SWIFT Network Breach Shows Need For Distributed Ledgers

While some financial experts feel it is still too early something as significant as distributed ledgers, the question becomes how much longer they can afford to hold off on this inevitable change...

read more (http://www.newsbtc.com/2016/05/15/second-swift-network-breach-shows-need-distributed-ledgers/)


Title: Re: [2016-05-15]Second SWIFT Network Breach Shows Need For Distributed Ledgers
Post by: aso118 on May 15, 2016, 03:58:12 PM
Second SWIFT Network Breach Shows Need For Distributed Ledgers

While some financial experts feel it is still too early something as significant as distributed ledgers, the question becomes how much longer they can afford to hold off on this inevitable change...

read more (http://www.newsbtc.com/2016/05/15/second-swift-network-breach-shows-need-distributed-ledgers/)

Swift is a legacy system.
Banks have some inertia towards adopting new systems. Once the security of blockchain systems is adequately demonstrated, they will shift en masse.