SWIFT is a stone-age blockchain. Its messages have non-repudation properties. Th... | Hacker News

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		sam_lowry_ on March 1, 2022 \| parent \| context \| favorite \| on: Tell HN: SWIFT is not a payments transfer system SWIFT is a stone-age blockchain. Its messages have non-repudation properties. The ban makes it much harder to make settlements.

dariusj18 on March 1, 2022 [–]

I imagine the idea being that without SWIFT, any bank will require the funds to have actually moved before they are made available.

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