Microsoft CEO Challenges Interbank Messaging Service Swift
Satya Nadella, CEO of tech company Microsoft challenged the interbank messaging service Swift to develop ‘useful’ applications of Blockchain technology.
Nadella responded to this intimidation by Swift’s hosted three days of Sibos 2017, on the last day of its annual financial conference.
https://www.youtube.com/watch?time_continue=10&v=cSVwKZsSWzw
When asked onstage by Swift CEO Gottfried Leibbrandt her personal opinion on whether blockchain technology will make any progress that justifies her high reputation, Nadella replied:
”There is tangible progress being made. However, I think it’s up to you to turn that into something really useful.”
Highlights from the Interview with Nadella
During her Q&A with Leibbrandt, Nadella spoke to Microsoft’s Microsoft. He also talked about the activities of the company including Blockchain technology.. As an example of this, Nadella cited the launch of the Microsoft Azure Blockchain Council, a tool to support technology adoption and advancement. , also talked about his days as a programmer at Mictosoft, where he founded Blockchain technology to fulfill his dreams of seeing the emergence of a distributed database trusted by its users and where various organizations can collaborate.
“At least since I was in this industry. Since then, we have always sought a distributed database with an element of trust that enables and enforces the collaboration of many organizations.”
Swift’s Blockchain Plans
In the meantime, many Despite the expert’s claims that Blockchain could render Swift’s services useless, Swift continues its own research and development (R&D) projects on this technology. was advancing his. Swift’s platform is already connected to 11,000 banks worldwide.
Microsoft’s Blockchain-Related Initiatives
Microsoft under Nadella is one of the major banks in Israel It is also actively involved in developing various blockchain-enhanced projects and pilot tests, including partnership with one, the identity implementation in collaboration with the Ministry of Brazil, and the Coco system for Blockchain-based businesses.
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