2018-01-26bloomberg.com

``RippleNet takes on an entrenched competitor, the Brussels-based Society for Worldwide Interbank Financial Telecommunication, or Swift, a messaging system that acts like an air traffic control system for money as it moves across the globe. It connects about 11,000 financial companies. "This is a relatively standard David vs. Goliath Silicon Valley story," says Garlinghouse. With trillions of dollars of asset flows at stake, the competition between the two companies is fierce.''



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