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Our wonderful reserve currency rests atop a fairly well tested and robust system called SWIFT which at its core is just ftp servers with some message queues. I
by Threeve303 6y ago
Our wonderful reserve currency rests atop a fairly well tested and robust system called SWIFT which at its core is just ftp servers with some message queues. If it ain’t broke?
- throwawaybutwhy 6y agoHave some doubts about its robustness and security [0]. To be honest, though, once you are against a dedicated nation-state team all bets are off. [0] https://en.wikipedia.org/wiki/2015%E2%80%932016_SWIFT_banking_hack https://en.wikipedia.org/wiki/2015%E2%80%932016_SWIFT_bankin...
- chx 6y agoblink I've never heard of SWIFTNet using FTP at its core, do you have some links I could read? Wikipedia, for example , while not a fully trusted source, has > Alliance Access (SAA) and Alliance Messaging Hub (AMH) are the main messaging software applications by SWIFT, which allow message creation for FIN messages, routing and monitoring for FIN and MX messages. The main interfaces are FTA (files transfer automated, not FTP) https://en.wikipedia.org/wiki/Society_for_Worldwide_Interbank_Financial_Telecommunication https://en.wikipedia.org/wiki/Society_for_Worldwide_Interban...