SWIFT to integrate R3's technology

SWIFT, a messaging network that financial institutions use primarily to facilitate international money transfers, will integrate R3 technology as first reported by CoinDesk. Speaking at the Paris Fintech Forum today, Gottfried Leibbrandt, CEO of SWIFT said that the details of the integration will be announced later today.

R3, the distributed ledger technology provider, announced the launch of Corda Settler in early December, an application that facilitates global cryptocurrency payments on enterprise blockchains. Corda Settler initially supports XRP.