Swift's need for ChainLink

swift.com/resource/business-standards-and-emerging-technologies
(you need to provide some personal data to access the pdf)

This part here is key:

"Here, in one imagined arrangement of a future
payments system, we see business processes
in which different steps in the value chain are
realised using different technologies – mobile
banking and eBanking channels, possibly
provided by non-bank third-party providers
(TPPs); APIs for payment initiation, DLT for
clearing and settlement, and conventional
messaging for interbank flows.
This interlinking allows appropriate technology
to be chosen for each process step, but it
brings the risk that data will be truncated,
misinterpreted or corrupted in the end-to-end
process if care is not taken to ensure
overall consistency."

Also, pic is from the paper itself. Looks familiar?

Attached: swift_dlt.png (621x285, 65K)

Other urls found in this thread:

linkedin.com/in/stephenlindsayswift/
slideshare.net/SWIFTcommunity/iso-20022-stephen-lindsay
swift.com/sites/default/files/resources/swift_info_paper_distributedledgerstandards.pdf
swift.com/sites/default/files/resources/swift_swiftatsibos_innovation_pioneering_inno_for_community_brochure.pdf
swift.com/sites/default/files/resources/swift_swiftatsibos_innovation_blockchain_brochure.pdf
youtube.com/watch?v=lNFGLRR27EA
twitter.com/SFWRedditImages

"This paper argues that extending and
adapting existing business standards to newer
technologies is the best way for the industry
to mitigate these risks, and that this can be
done in a way that does not compromise the
responsiveness of the development process,
but rather enhances agility by reducing
mapping and point-to-point integration costs."

Honestly..........

When singularity hits. We really need to not have a typical party... and meetup like the bildergberg group and literally suck the cocks of the dedicated group of autists who figure all this shit out.

Have you guys ever seen ratting videos on YouTube? Go YouTube them.... dogs on English farms that are 100% dedicated and happy killing hundreds of rats on the farm.

You autists are more dedicated than these dogs who's only existence is to kill rats.

We all need to meet up. No bitches . No sluts. Just the the handful of dedicated autists with their cocks out in a warehouse in ropsten with candles lit everywhere..... maybe a nigger will be there that we sacrifice in a fire.... and then we all just suck their cocks.

Because if it wasn't for them I would not be invested in Link and we owe them this at least. Because even tho they'll be rich too... they are autistic and even escorts won't blow them.

No, they don't need chainlink. They could achieve the same effect using a network of carrier pigeons. Just have them carry encrypted flash memory. It would have a higher bandwidth than any ethereum based oracle solution. Sharding isn't happening anytime soon. You could also use third party reputation providers to keep track of the trustworthiness of both the individual roosts and pigeons. It's the superior solution.

Attached: pepe4.jpg (618x597, 64K)

>we have this great project and made it open source so anyone could chip in and help with it, we are hoping to build a community of devs around it
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>test net released ?
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>accord confirmed partership
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>new website
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>institutions are slowly accumulating
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>marketing starts
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>mainnet released
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>network works
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>uhh it never mooned and never got off the ground
>well at least le le leddit didnt get it and few whales got rich xDdddDddDDDDD

The paper also addresses the need for a DLT messaging STANDARD. This is why "they could just develop their own oracle/ why doesn't swift just make it's own oracle, etc." is simply idiotic reasoning.

Interoperability is achieved by reducing friction between a variety of legacy systems to a minimum. Hence the need for a messaging standard.

This is what AB meant when he was talking about Swift headhunting for somebody like Sergey: They needed somebody with expertise in the DLT space to develop their messaging standard for the future of banking.

While the paper may have been written by a drone instead of the man himself, this guy is important for this messaging standard:

linkedin.com/in/stephenlindsayswift/
(Stephen Lindsay, Head of Standards at SWIFT in Brussels, Belgium)

Pic related is from this slideshow:

slideshare.net/SWIFTcommunity/iso-20022-stephen-lindsay

and showcases the adaptor solution for communication in fragmented infrastructure by adopting the ISO20022 standard.

Attached: swift_adaptors.png (1280x710, 282K)

Great work OP. Can someone link me to AB thread compilation?

The replies to this thread are shit, but this is pretty good stuff op. Really emphasises that this is going to be a new paradigm.

This is big.

swift.com/sites/default/files/resources/swift_info_paper_distributedledgerstandards.pdf

Paper is from September 2016, look at page 9 to find pic related.

Attached: swift_oracle.png (615x308, 33K)

"This introduces an
important constraint: since the result of each
node’s computation needs to be identical,
any data used in computation needs to be
available identically at every node, which
implies that it has to be available on the ledger,
provided by a client application or ‘oracle’.
It’s therefore important to think carefully about
the data required by a smart contract to do
its work, in addition to the data that might be
shared with the participants in the business
process."

Worst thing is if it happens... retards are going to act surprised

>b-but it was a meme
>h-how did you see it?

It's literally in front of our eyes

Hah. Shows what you know. Im a linkie, autistic, and get my dick sucked by hookers all the time

Everyone is going to call us "lucky". Well, maybe we are.

Attached: srz.png (220x220, 119K)

Attached: unnamed.png (384x384, 72K)

President Maduro just announced that Link will be the official currency of Zimbabwe.
>Bullish as FUCK!
345k eoy right?


Quick buy now I have put sellorders (no bags) because I want you all to be rich

swift has 0 need for chainlink. They have 100x the number of developers and 1000000000x the number of users.

swift will implement decentralized oracles themselves before they touch chainlink.

Rare mention of SmartContract company name in an official Swift document:

swift.com/sites/default/files/resources/swift_swiftatsibos_innovation_pioneering_inno_for_community_brochure.pdf

>we have this great project and made it open source so anyone could chip in and help with it, we are hoping to build a community of devs around it
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>test net released ?
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>accord confirmed partership
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>new website
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>institutions are slowly accumulating
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>marketing starts
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>mainnet released
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>network works
>lets fud xDDDDD I need my stinkies low so i can buy cheap so whales can pump and dump it as they wish xDDDD
>uhh it never mooned and never got off the ground
>well at least le le leddit didnt get it and few whales got rich xDdddDddDDDDD

This has me a bit confused:

swift.com/sites/default/files/resources/swift_swiftatsibos_innovation_blockchain_brochure.pdf

It mentions SmartContract as the "Innotribe
Industry Challenge 2016" winner. Afaik they won in 2017, correct?

Cringe.

I see how it is now.

SmartContract won the Innotribe Industry Challenge 2016 along with two other companies but was the only company who was invited to present a PoC at Sibos 2017.

Attached: Too good.jpg (480x360, 22K)

>More evidence comes out daily that link will moon
>Meanwhile, more evidence comes out that being rich won't make me happy
How many link to reduce my stress levels and get a full night's sleep?

So seriously when will you guys just give it up? Link is never going to moon. Even if the network did get up and running successfully the token itself was just for funding. It has the same chances of mooning as chuck e cheese tokens.

no

More delusion and confirmation bias

They won in 2016 and demoed in 2017. This is why no one takes this shit seriously.

>Won in 2016
>Demoed in 2017
>Realized they couldn't succeed in 2018
>Mass Linkie suicides in 2019
>Turns out they can do it in 2020
>Normies make bank from it as the dedicated Linkies are long dead

Focus your mind. Concentrate on your desires, conceptualise happiness. Pass this message onto your subconscious so that it can manifest in your newly created reality.

This is actually bearish for chainlink

100k.

Kind reminder that we are going to make it. Also, friendly request to listen to the James 2008 WingMakers interview, and other WingMakers material (AL Bielek intv), so that we can all be enlightened and activated before We are rich. Kind reminder to spend your money wisely on self improvement and the betterment of other trusted and non-trusted individuals in order to weave a new societal order. Reminder the weaving spiders are us. Reminder we ARE the WingMakers. Reminder to look at the 24 chamber paintings of the WingMakers and try to recreate them in your minds eye with your eyes closed. Reminder visualization is unironically a way to activate your pineal gland. Reminder third eye mumbo jumbo is literally true and sacred. Phil G Langdon has a great youtube series on Enlightenment and Gnosticism (Pistus Sophia). Reminder Sophianic Wisdom will help elevate the Goddess. Reminder the Pleiadians and Sirians are friends.

Attached: 473D1086-53A7-4295-B381-54E1AC696772.jpg (1906x2572, 541K)

good thread

This. Also many people don't realize it, but banks were into Ethereum while it was still just a whitepaper. Sound familiar....

Sergey does talk that the main goal of Link is to connect current payment infrastructure with new technology so they current financial system doesn't have to change anything in their back office. Would standardize already existing infrastructure.

Dedicated aren't they
youtube.com/watch?v=lNFGLRR27EA