Bridging DLT and SWIFT messaging with SmartContract.com – Innotribe Industry Challenge 2016 winner
As DLTs mature, it is becoming increasingly clear that no single platform will replace a significant end-to-end financial business process in one step. Rather it seems increasingly likely that DLT will work with other automation technologies, including messaging and APIs. In this session we hear how the 2016 Innotribe Industry Challenge winner proposes to bridge DLT platforms with ISO 20022-compliant SWIFT messaging. SmartContract.com will present a live demo of a Proof of Concept where a DLT platform manages ISO 20022-compliant bond instruments, while an ISO 20022-aware Smart Oracle settles coupon payments off-ledger through ISO 20022 payment messages over SWIFT.