20 May '13, 2pm

Bitcoin Comes To SWIFT

Bitcoin Comes To SWIFT

It was a pleasure to watch the live bitcoin transaction feed from Blockchain.info scroll proudly across the 8-foot screen monitors at both ends of the high-ceiling reception room. That is what decentralization looks like. In the absence of third-party intermediaries, amounts and fees and transaction numbers are on display for all the world to see. Somehow, I doubt that a similar live transaction feed from SWIFT’s network was scrolling on a public web browser anywhere in the building. And from the looks on some faces, I think that realization dawned on the attendees as well.

Full article: http://www.forbes.com/sites/jonmatonis/2013/05/20/bitcoin...

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