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Swift steps up  interest in the blockchain

Swift steps up interest in the blockchain

Source: Swift

Wim Raymaekers, Swift’s global head of banking markets explores cryptocurrency disruption, challenges and opportunities.

Looking specifically at the purpose of cryptocurrencies for making payments, the paper aims to illustrate (1) the key challenges that cryptocurrencies must overcome to achieve widespread customer adoption, (2) the major risks regarding cryptocurrencies, when and how cryptocurrencies and their service providers will be regulated, (3) in their current state, what are the ‘killer apps’ for cryptocurrencies, and (4) the more fundamental issues cryptocurrencies must address.

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