another story to swift

swift, using two switches in brussels and amsterdam, due to to go live in 1976. this has needed approval from all various ptts in europe and n.amercia. even in the case of swift, the approval is only until the ptts offer a similar service - but there may be substantial discussions as to when a ptt service is equivalent! | kirstein, developments in european public data networks, informatik fachberichte 3, 1976 | a similar paper from 1973

kirstein quotes hall, w.:swift - the revolution round [sic] the corner, the banker, 633, 1973 well, the magazine still exists, but the online archive doesn't go back that far. yet, they have another article on swift (society for worldwide interbank financial telecommunications): living in the past?

swift's structure hasn't changed since the 70s. it's still a consortium-based, member-based company. i guess the structure is compareable with sita, société internationale de télécommunications aéronautiques and its reservation network.

interesting tech section

Swift interessiert mich vor allem im Zusammenhang mit der Digitalisierung des Geldes. Digitales Geld ist die Abstraktion des abstrakten Konstrukts Geld.