Gottfried Leibbrandt, CEO of the SWIFT international interbank system, at the FINTECH forum in Paris, announced the implementation of technology from the R3 blockchain consortium, CoinDesk reports.
Later today we are announcing an integration with R3, he said.
SWIFT GPI will integrate directly to Corda Settler, the application that allows participants on the Corda blockchain to initiate and settle payment obligations via both traditional and blockchain-based rails. This will enable obligations created or represented on Corda to be settled via the large and growing SWIFT GPI network.
Against the background of large-scale internal reorganization, two leading top managers left the consortium. It is expected that in 2019 the staff of the organization will replenish.