You are viewing a single comment's thread from:
RE: Crypto Disrupting Banks? Not Really…
"How Do the Central Banks Grade Cross Border systems now. Could you tell us do you like working with SWIFT, Is it state of the art. Or is its because it's backwards compatible with an abacus?"
Thank you for your replies. We both agree that SWIFT is an ancient organization with ancient technology. It is faster to travel with cash today than making an international transfer. SWIFT will need to change or will be disrupted. The international remittance operation of today's banks will go if unchanged.