Why SWIFT Chose R3 Over Ripple: What Does it Mean For XRP?

SWIFT, the global messaging system to settle cross border payments, today announced that it would integrate R3’s open source blockchain solution at a proof-of-concept stage.
“Later today we are announcing integration with R3,” confirmed SWIFT’s CEO Gottfried Leibbrandt during the Paris Fintech Forum. He added that the trial would see the interaction of SWIFT’s payments standard framework, dubbed as Global Payments Innovation, or GPI, with R3’s trade finan