W3C home > Mailing lists > Public > public-webpayments@w3.org > September 2013

Re: Telecon canceled for tomorrow

From: Kumar McMillan <kmcmillan@mozilla.com>
Date: Tue, 17 Sep 2013 14:24:43 -0500
Cc: Web Payments CG <public-webpayments@w3.org>
Message-Id: <A525E539-AABE-4741-AADB-2F7161553DC4@mozilla.com>
To: Manu Sporny <msporny@digitalbazaar.com>

On Sep 17, 2013, at 2:06 PM, Manu Sporny <msporny@digitalbazaar.com> wrote:

> Hi all,
> I'm at SIBOS this week. Overall, things have been very productive from a Web Payments standpoint. I am now connected with the Head of Standards at SWIFT (the banks version of W3C) along with a number of people in their standards team. They've all been very helpful in bringing me up to speed w/ how SWIFT works, the standards they create, and how many of the banks perceive innovation, Bitcoin, PaySwarm, Ripple, and a variety of other technologies that are being developed by people on this mailing list.
> There seems to be a desire in SWIFT to work with W3C, and I would imagine the W3C would be interested with working with SWIFT as well. I've also been able to talk at length with the Bitcoin Foundation's legal counsel as well as a number of major banks and bank software companies about the stuff we do here. Many are interested to varying degrees. Only a few have not been interested (as they don't see Bitcoin or Web Payments threatening their business).

Excellent news! Hooking into financial standards (i.e. banks) seems like the path forward for a protocol such as PaySwarm where mass adoption is essential.

> I'll write all of this up in an email or blog post when I get back to share what I've learned with the group. Tomorrow is a big day as I'm speaking at the Standards Forum to bank technology / standards folks about most of the stuff we're doing here.
> -- manu
> -- 
> Manu Sporny (skype: msporny, twitter: manusporny, G+: +Manu Sporny)
> Founder/CEO - Digital Bazaar, Inc.
> blog: Meritora - Web payments commercial launch
> http://blog.meritora.com/launch/
Received on Tuesday, 17 September 2013 19:25:11 UTC

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