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SWIFT uses blockchain for cross-border payments gateway trial

SWIFT uses blockchain for cross-border payments gateway trial | ZDNet

Financial messaging service SWIFT has announced a new proof of concept (PoC) that will trial its gpi Link gateway that interlinks e-commerce and trading platforms with the SWIFT gpi, using R3’s Corda distributed ledger technology (DLT). Gpi Link, SWIFT explained, will connect gpi members to multiple trade platforms to enable gpi payment initiation, tracking, payer authentication, and credit confirmation.