SWIFT just built a blockchain across 17 major banks and cut out everything crypto actually cares about. Is this a win or a loss for the industry?
SWIFT launched a blockchain-based shared ledger this week. 17 banks from six continents already piloting. Citi, HSBC, UBS, BNP Paribas, Wells Fargo, BNY. Round the clock money movement. They managed to build this in just 9 months The catch: it …