Australian banks join to test chainlink

this is not fake news you fucknut. im pretty sure this has to do with chainlink

Article says literally nothing about ChainLink Kek. This is starting to be OMG 2.0 for fake partnerships and DGB for shit conferences which mean nothing.

Sell

You stupid fuck, its a test between swift and blockchain. chainlink is the only solution to that atm. fucking idiot. The banks do have their own blockchain yes, but this is about SWIFT to the BANKs blockchain... and to do that they are testing it with chainlink you fucking nub....

no, but even an idiot can join the dots.. im 100% this is

Chainlink is the only thing i know of that swift is using for testing with blockchain...

westpac.com.au/about-westpac/media/media-releases/2017/10-july-1/

exactly. No way the bank even know that chainlink is being used to do this for them , they just know swift is making it possible.

chainlink is SWIFTS blockchain you dumb cunt

coindesk.com/swift-completes-blockchain-smart-contracts-trial/

idk why i even bother replying to these braindead posts i should just FUD like the americans to buy in cheap

>All the Pajeets screaming even though it's the bank's own blockchain and Link is not mentioned ANYWHERE

Get ready to be dumped on after the uneventful conference. This is literally EGG.

>but it's a rumor!
>but it's fake
>but you can't be sure they're talking about chainlink!

and this is why you idiots will stay poor...you buy the fucking rumor as cheap as possible, if it's a letdown, oh well, you can probably get out with a minimal loss. the moment it becomes a fact that chainlink is partnered with a big player you can't buy anymore, the price will skyrocket so hard it'll make your head spin.

GUYS? When did Chainlink release the whitepaper?

exactly.... there is even more clues on that link: westpac.com.au/about-westpac/media/media-releases/2017/10-july-1/

definitely not fake...

"The trial used Distributed Ledger Technology (DLT) to" any guess as to what this is all about....

Hahahahahahahahaah...

Here is a source from early his year ( lnotice no mention of chainlink)
finextra.com/blogposting/14321/swift-blockchain-poc-enhanced-cross-border-payments

Chainlink's parent company is SmartContract not swift you fuckhead

>The partners involved in the trial have today released a *whitepaper* detailing how the solution worked and how it could be used in other situations that rely on bank guarantees.

>article publiahed 10th of July 17

"Moving forward, the SWIFT PoC Blockchain application will undergo testing, with the results scheduled to be published in September and presented at Sibos in Toronto in October. Working independently of the founding banks, the 22 institutions will act as a validation group to test in a deeper way the PoC’s Blockchain application, that is currently under development by SWIFT and the group of six founding banks. They will evaluate how the technology scales and performs."

Yep it's chainlink alright, that's straight from the article you posted.

of which is OWNED BY THE DEVELOPERS OF CHAINLINK

fucking kill yourself with immediate effect

Fucking link bag holders thinking banks will ever use it. google swift GPI blockchain and you will notice it was long before link was even a thought.

ALL THE DELUDED CHAINKEKS WILL BE ON SUICIDE WATCH WHEN THEIR STUTTERING POTHEAD COIN MADE BY TWO HEROIN ADDICTED SLAVS GOES TO BELOW ICO LEVELS

CHAINLINK IS OVER

>b-but they won some shit show and tell competition and get to present at SIBOS in a tiny side room which will probably be half empty
Fucking Kek. CHAINKEKS BTFO FOREVER.

exactly not swift you nub, you have effectively argued against yourself and then answered your own question. do you even know who swift is?

holy fuck ill be rich

>ctrl + f "chainlink"
>"no results"

Why wouldn't they mention it? What do they gain with hiding it... I mean wouldn't that mean that Westpac and IBM and ANZ are unsure if they will use Chainlink and so don't want to be publicly associated with it until it works... wait? So why are you guys so sure of it's success if these big companies who know more about the technology than you are too scared to mention the coin publicly?

Unless... Ooooooh... you sneaky fuckers are just claiming Chainlink is the technology in question.
But no... no... there's no way this is all just a pnd from one of the discords.
No way... nope.

Citation needed it's chainlink
I'll wait...

this

>in B4 Pajeets rage at me because I dare question their precarious inference, all 100 dollars of their gains lost in a blitz of reasonable doubt.
>Chainlink actually seems like a interesting technology, I just fucking hate the shilling

Link itself is brand new that is just the blockchain spinoff from smartcontract which has been around for a long time... this has been in the making for a while, all under our noses. I bet you at the sibos conf, they will announce the test was successful and you know what that means from there... implementation.

i bet your hold link right now trying to buy it cheap before next monday hahaha good luck

not quite, much of the conference is centered around blockchian... go look at the time table and see for yourself

because chainlink is just the name of the blockchain you cocksucker... it's smartcontracts... chainlink is still new, but smartcontracts isnt... cant you figure this out

How many have you accumulated so far?

cant wait to laugh at the cry babies when it turns out to be link... its so fucking obvious to me... the salty cunts hating that fact

What we know for certain so far:

>SWIFT wants blockchain technology to handle smart oracles in a decentralized manner (Exactly what ChainLink is designed to do)
>ChainLink is a product of SmartContract, who have been developing it for years, longer than their partnership with SWIFT and longer than SWIFT's plans to integrate blockchain technology
>SWIFT is partnered with SmartContract
>ChainLink is an answer to the problem SWIFT is trying to solve
>SmartContract will be attending SIBOS to demonstrate a presentation involving an ISO 20022-aware Smart Contract handling payments

Do you really think SmartContract would spend 3 years developing a product, only to partner with SWIFT and say "Oh, we've spent 3 years to develop this product, which is perfectly functioning and is exactly what you're looking for, but we'll build something else for you which serves the exact same purpose in the exact same manner. Oh and I know we've only just announced our partnership, but we'll have a working demonstration ready in 2 months time, even though it took 3 years to develop in the first place"

I recently switched to Westpac because my bank stopped supporting the payment system one of the big Australian bitcoin exchanges uses. I think this is a sign I made the right choice buying in.
This is one of the biggest banks here and the others will all follow suit soon enough.

Same date as ChainLink whitepaper release? Buge if hig

Even if the partnerships are happening, there are too many LINKS in circulation for it to go much higher than 2 or 3 dollars a coin.

Meh.

bullshit... at the same mcap as ripple this would be $20 - $25

My dick can only get so hard, user.

Also I forgot this:

>Sergey has specifically mentioned their intent to use ChainLink to connect SWIFT's messaging services to Ethereum smart contracts

source is here reddit.com/r/ethtrader/comments/6lg6kr/swift_completes_smart_contracts_trial_with/dju2mlt/

There's no need for harsh name calling, but I called it like clockwork.

I just went to Smartcontracts website. All I see is a single slideshow presentation that says that they are "sponsored" by SWIFT.
Now, the Westpac Blockchain is in conjuction with IBM... why is there no mention of IBM, Westpac, ANZ or any other companies affiliated with that particular project?

No I can't figure out how the two are related because it seems so tenuous. Why would Chainlink want to hide such a heavyweight connection as IBM? And, and answer this, why would Westpac, IBM et. al. hide the name of this brand-name technology?

And the real question - if they are hiding it? Then why is it worth investing in?

>Looking at supply without considering market cap
You aren't gonna make it

yeah, nah, SWIFT just funded chainlink for lulz, in the meantime they apparently created their own version of chainlink, so they won't be using the one from smartcontract.com, but for some reason they still allow them to present their own "useless" version on SIBOS.

no you tool, they develop a solution to a problem they foresee... in this case swift has become the idea candidate

you are right, westpac is always the one making the first move the rest then follow. same with the interest rates.

the reason is they are clever to be quiet about it. for obvious reasons of competition. I think the fact they are so quiet means they are careful and rightly so

Of course it's the bank's own blockchain you fucking idiot. ChainLink is not a banking blockchain.
They will use ChainLink for THEIR blockchain for receiving off-chain data.

Ahh, the infamous high supply argument.
Kindly stop posting and lurk more.

See this article
medianet.com.au/releases/137251/
They leave out the name, but it's clear what they are talking about. "Moving forward, the PoC blockchain application will undergo testing over the summer months, with the results scheduled to be published in September and presented at Sibos in Toronto in October.The PoC is being undertaken as part of SWIFT gpi, a new service that is revolutionising the cross-border payments industry by combining real-time payments tracking with the speed and certainty of same-day settlement for international payments. Since it became available in January 2017, 20 global transaction banks have begun actively using or implementing the SWIFT gpi service, with another 50 in the implementation pipeline."

Now see this article
coindesk.com/boston-fed-vp-blockchain-will-wake-swift-middlemen/
"Specifically as it relates to Swift, though, Cunha noted the CLS consortium's work on a project designed to work in harmony with the payments messaging system, and even the work done by Swift itself, using both as examples of how blockchain is pushing financial incumbents to become more cutting edge... The partnerships will be where the ultimate success is."

They avoid naming LINK so (((they))) can accumulate. SIBOS is when they release the dragon.

nice try you are dreaming, their own version of chainlink hahaha such poor quality fud

>22 posts by this ID

i was being sarcastic....the scenario i posted is ridiculous, and yet some people seem to think exactly that.

They probably are not allowed to mention any names before the deal is signed on the paper.
It's very obvious that it's ChainLink and autists that can't read between the lines are going to stay poor.
There's no point in convincing them because they've been saying the same shit since presale.

Guys I was just FUDDING so you could spoon feed me what I wanted to know.

THANKYOU
t: link holder

because this is my threat you nub haha

very true likely signed confidentiality and agreements

That is the dumbest thing I've ever heard.
You're literally saying it's clever they keep it quiet, and yet you and other posters on Veeky Forums somehow also found out about it. This, supposedly industry rattling revolution... I mean I might be dumb, but this is male-feminist dumb doublethink you're spouting.

How about instead of spinning this fairy tale based off of a single power-point presentation - how about you actually discuss the market uptake of Chainlink? Not unsubstantiated possibilities, years in the future applications: now.

Next week, a month from now: what is going to cause uptake and increase in circulation of this coin?

Who knows, maybe I'll buy some if you can stop being a terrible bullshitter for a single post.

they have "been" quiet. did you read?

>doesn't know what a non-disclosure agreement is

currently they are quiet about the details.which is a good thing

i hope you dont buy any link. really, dont buy any link

>They leave out the name, but it's clear what they are talking about
Why? How do you draw that conclusion. It says in what you quote:
> with another 50 in the implementation pipeline
Chainlink is 1 of 50 implementations?

But you know what's really funny:
www.swift.com/our-solutions/global-financial-messaging/payments-cash-management/swift-gpi/join-swift-gpi

ANYONE CAN JOIN SWIFT GPI!!

>They avoid naming LINK so (((they))) can accumulate. SIBOS is when they release the dragon.
No, it's because there are multiple technologies they were testing.

>any names before the deal is signed on the paper.
Why haven't they signed the deal? Does that mean that a bureaucratic or personal beef could cause the deal to fall through and Chainlink not get adopted? Why haven't they signed it if it's such a sure thing?

So how come you know about it? Then they did a pretty shit job of keeping it a secret.

Why?

It was two months before the chainlink white paper.

>Why haven't they signed the deal?
Because they've been testing it this entire time? Banks are not gonna implement something unless they're 100% sure it's been tested and safe for business.

>ANYONE CAN JOIN SWIFT GPI!!
Sure, but who else is doing a demo/presentation this year at SIBOS?
SWIFT probably needs many solutions for many things. ChainLink might only be one of those many technologies they hope to implement.

Are you fucking retarded? Swift and ChainLink moving on to second Phase development now: finextra.com/pressarticle/70428/smartcontractcom-unveils-chainlink-plans-adds-to-advisory-board

>with another 50 in the implementation pipeline
They are talking about banks implementing Chainlink.
>No, it's because there are multiple technologies they were testing.
This is from the previously linked article: "Included in that work are at least two previously unrevealed proofs-of-concept being built using Hyperledger Fabric and ethereum... Cunha noted the CLS consortium's work on a project designed to work in harmony with the payments messaging system"

Now from the SIBOS site
"In this session we hear how the 2016 Innotribe Industry Challenge winner proposes to bridge DLT platforms with ISO 20022-compliant SWIFT messaging"

Who else would they be talking about?

not anyone can join, anyone can fill in the form... but not anyone can join. unless your a corporate or a bank etc then you probably could join the collaboration... this further strengthens link because they are the one with the solution

>So how come you know about it? Then they did a pretty shit job of keeping it a secret.

connecting the dots and rumors. there are numerous research reports available on the SWIFT website that talk about smart contracts and oracles. of course smartcontract.com nor chainlink is literally named in any documents, so you can't be 100% sure. literally buy the rumor, sell the news....

straight up... i think he wants you to spell it to him because he doesn't seem to understand how this infers chainlink

>tfw bought the rumor but not planning to sell the news

i dont think ill sell the news either, it will be fomo to the max over the following weeks or even months

Link price prediction oct 17?

Where is the link to that pic?
>Because they've been testing it this entire time? Banks are not gonna implement something unless they're 100% sure it's been tested and safe for business.
So it doesn't even work? Wait... why would the coin be out if they are still testing the technology?
>Sure, but who else is doing a demo/presentation this year at SIBOS?
This guy: sibos.com/conference/speakers/tom-jessop

What the fuck does "advisory board" mean? A lot of these people seem to be technical advisors as well, I mean... That doesn't make sense to me. Surely they already have all the technical stuff worked out. And none of those people are from the banking sector as far as I can tell.

That still doesn't mean Chainlink or Smartcontracts are special

kek

I just like seeing your precarious explanations.

So far I've been told you can't be 100% sure, that there are other blockchain companies presenting at SIBOS, which means nothinng by the way. But most importantly, I've seen no proof to confirm that the Westpac et. al. implementation has ANYTHING to do with Chainlink/Smartcontracts.

Look I really like Link but Banks and Swift may be using Chainlink but they won't be using the version that REQUIRES the token. It makes no sense for them to.

Once big money is done pumping the price will consolidate. Never forget that after ETH had a legendary run, it consolidated from $400 to $150. Holding through that is no longer iron hands, it's retard hands

>Where is the link to that pic?
It's ok though, you can still buy the news.

I remember people saying the same thing about Ripple and then it hit $12 billion market cap.

if you want to be 100% sure, then you shouldnt be investing in anything. you should rather put your money in a savings account

This has nothing to do with chainlink, for the last time SWIFT will not be using chainlink..
Check the date on the article,

There was no Chainlink when that article was written numnuts.

Chainlink, no.. gtfo.

last time i checked, it eth is over $300

>But most importantly, I've seen no proof to confirm that the Westpac et. al. implementation has ANYTHING to do with Chainlink/Smartcontracts.
kek
don't buy then, motherfucker. It's not like we give one fuck about your well being

chainlink spam has been the biggest coordinated shitposting and shilling on Veeky Forums since its creation. do not fall for chainllink shill threads. these are all fake news.

there was smartcontract using blockchian tech, which now has a name... chainlink.

you would have to be dumb to think its chainlink. The date on the article pre-dates any chainlink.

It will be their own private blockchain (just blockchain, no publicly owned coins), this is going to signal the end of crypto. shhh.

i agree they shouldn't buy it, makes it more pleasurable when you can rub it in their fuckfaces when link passes a dollar.

>chainlink
>biggest coordinated shitposting and shilling on Veeky Forums since its creation
is this newfag serious?

Keep in mind I'm investing in Chainlink for what it will do for Ethereum, not the banks. SWIFT messaging is just one use case and will be done on Hyperledger I believe, but this kind of institutional backing is as good as it gets. I keep telling people, Chainlink is how you make Ethereum actually useful. It is bigger and better than just banking applications.

yes, their own private blockchain will need chainlink... otherwise it is useless. Each bank will have a private blockchain fuck head. you should be scalped.

Good thing I didn't fall for Ethereum shilling at $9. Those goddamn shills lost me so much money.

It predates ChainLink because that name didn't exist at that time. The company called SmartContract made ChainLink as a blockchain version of the tech.
We already established they have their own blockchain, you obviously don't understand ChainLink's role in all this. Do more research before talking about something you know nothing about.

heavy bags bro huh? lol

why are normies so slow to buy link ?
is it too complex ? too much research ?

are they waiting for some big confirmation written in red by swift telling : yes chainlink will be used by 11'000 big fucking banks, and now we wish them luck for their other projects ?

what scares me is that with a team so small they won't be able to adapt the tech to other big clients quick

They have nothing to adapt. Banks can go ahead and use link on their own. In these beginning stages though the devs probably helped bank devs set it up and understand it so they can use it properly.
I work for the post office. We often have people come and explain new tech being implemented to the workers and overseers so that they can use it.

Why would they want to use it?
They will develop their own solution, they will not use chainlink.
don't kys when you realize the truth behind what im saying. Blockchain tech will take off with corporations making their own solutions for their own needs. They will not use existing 'coins'.
There is maybe a year or 2 before crypto as we know it is dead, and very few coins will survive.

You will learn the hard way then.

they will develop their own solution right... they are banks not fucking blockchain experts. Why dont they develop their own microsot, their own samsung, their own fucking mazda. you stupid fuck

you will learn the hard way in 2 weeks time when it's too expensive for you to buy 1 link