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From CNBC: Swift CEO announces tie-up with blockchain start-up R3 !

Gottfried Leibbrandt, Swift's chief executive, said the institution would integrate R3's trade finance platform with its new payments standards framework GPI, or Global Payments Innovation.

"We are announcing later today a proof-of-concept with the R3 blockchain on trade where you can initiate a payment on the trade platform and then it goes into GPI," Leibbrandt said at a CNBC-hosted panel session on Wednesday.

"We're exploring interconnectivity with a lot of things and banks have always been a part of that interconnectivity."



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