Swift builds proof-of-concept for blockchain interoperability

Swift builds proof-of-concept for blockchain interoperability

Interbank co-operative Swift is working on a pilot project with Chainlink to provide network interoperability across multiple blockchain platforms.

Getting Started – Building a POC

Quincy Jones conversation, XRP, XDC, AGLO, XLM, Bitcoin, Flare, Corda, ISO 20022 & Smart Contracts

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What Is Interoperability In Crypto And Best Projects To Invest In?

Learn about which cryptos are the best to invest in for interoperability.

In this video, we’ll explore the current technologies out there and then narrow down to the specific cryptos which use these technologies.

We won’t go too deeply into technicals, but just look at the broad implications of each technology.

⭑ Crypto Fair Value Calculator: https://bit.ly/3hFW4nz
⭑ Sanbase: https://app.santiment.net/charts


Introduction – 0:00​
What is interoperability? – 01:20
Why should you invest in it? – 03:10
Current landscape – 05:26​
Sidechains – 05:37
Notary schemes – 06:58
Hashed time-lock contracts – 07:30
Blockchain of blockchains – 08:33
Trusted relays – 09:19
Blockchain agnostic protocols – 09:47
Blockchain migrators – 10:45
Discussion & main takeaways – 11:12
Tier list – 12:33
Interledger protocol via XRP/XLM – 15:51
QNT – 16:22
ZEN – 16:55
SOL & ALGO – 17:33
Thank you! Like & Subscribe – 17:55


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Welcome to Around the Block.

My name is Nate and I’ve been a crypto investor since 2017.

I focus on long-term investing in crypto and share videos weekly on deep research and fundamental analysis.

Please note: This is not investment advice. The material presented in all videos are for education and entertainment purposes only. Please do your own research and seek professional investment & tax advice before investing.


#Crypto​​ #Investing​​ #Value​ #Fundamentals #Usecase


Sources & Citations –

Belchior, R., Vasconcelos, A., Guerrero, S., Correia, M., 2021. A Survey on Blockchain Interoperability: Past, Present and Future Trends

Zamyatin, A., Al-Bassam, M., Zindros, D., Kokoris-Kogias, E., Moreno-Sanchez, P., Kiayias A., Knottenbelt, W., 2019. SoK; Communication across Distributed Ledgers

Hardjono, T., 2021. Blockchain Gateways, Bridges and Delegated Hash-Locks

Falazi, G., Breitenbucher, U., Lamparelli, A., Daniel, F., Leymann, F., Yussupov, V., 2020. Smart Contract Invocation Protocol: A Protocol for the Uniform Integration of Heterogeneous Blockchain Smart Contracts

SWIFT Is Using CCIP for Blockchain Interoperability PoC

At SmartCon 2022, Co-founder of Chainlink Sergey Nazarov and SWIFT Strategy Director Jonathan Ehrenfeld Solé announced that SWIFT is using the Cross-Chain Interoperability Protocol (CCIP) in an initial proof of concept.

CCIP will enable SWIFT messages to instruct on-chain token transfers, helping the SWIFT network become interoperable across all blockchain environments.

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

Learn more about Chainlink:

Website: https://chain.link
Docs: https://docs.chain.link
Twitter: https://twitter.com/chainlink