Distributed ledger startup Ripple is stepping up its attempt to disrupt Swift, the infrastructure provider that today connects over 11,000 banks around the world.
On the same day, in the same city as Swift’s flagship event Sibos, Ripple has announced it will host Swell, an event also aimed at bringing the world’s financial leaders together to network and discuss trends and strategies.
But while similar attempts might fall short, what could set Ripple’s event apart is its stakeholder buy-in. Keynoting the three-day conference in October is none other than the former chairman of the US Federal Reserve System, Ben Bernanke, and the inventor of the World Wide Web, Tim Berners-Lee.
Taken together, the competing events represent an opportunity of sorts for attendees, many of whom could do business with Ripple and Swift, to cast a proverbial vote.
A Ripple representative described the event:
“The program brings together a roster of payments experts and industry luminaries to discuss trends, success stories of blockchain implementations and real-world blockchain use cases to meet changing customer demands for global payments.”
Prior to speaking at Swell, Bernanke was among blockchain’s early supporters, writing in 2013 that the technology behind cryptocurrencies might hold “long-term promise.” Likewise, Berners-Lee has long been rumored to be exploring the technology.
Other Swell speakers listed as confirmed include the CEO of Ripple, Brad Garlinghouse, the managing director of GE Capital’s treasury operations, Kristen Michaud and the head of innovation at Banco Santander, Ed Metzger.
To be held in Toronto, Canada, Swell will take place from October 16 to October 18.
Sibos image via Let’s Talk Payments
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