[mgberlin]

For anyone that hasn't been following them over the last year or so, they've made amazing inroads into the banking industry.

[6nf]

I've looked into this and I see many banks experimenting but nobody seems to actually use it commercially. Did I miss something?

[StavrosK]

What do they do in that industry exactly? I never really got the purpose.

[tylersmith]

Provide a system for inter-bank transfers. Like SWIFT with (theoretically) lower costs and latencies.

[StavrosK]

Ah, thanks. That's actually a very interesting application for a blockchain, providing settlement services between banks on it.

[mohdasim]

Exactly, i was looking forward to it.