"The best example of SCION's effectiveness is the Secure Swiss Finance Network (SSFN). Launched by the Swiss National Bank and SIX, this network replaces the old system based on private lines. It runs entirely on SCION and facilitates secure data exchange between more than 300 financial institutions worldwide. Every day, it processes transactions worth approximately 200 billion Swiss francs. This proven reliability demonstrates SCION's crucial role in protecting sovereign financial infrastructure."
"The SCION Association has now appointed Martin Jetter as its new chairman. The veteran brings years of experience from the technology and financial sectors. Since 2022, he has been advising the advisory board on the further development of SCION specifications and community initiatives. Jetter took up the position on July 1, succeeding Prof. Dr. Lothar Thiele, who had been chairman since 2023."
"Especially in a time of increasing cyber threats, it offers advantages over traditional internet protocols. The SCION Association has now appointed Martin Jetter as its new chairman. The veteran brings years of experience from the technology and financial sectors. Since 2022, he has been advising the advisory board on the further development of SCION specifications and community initiatives. Under Jetter's leadership, SCION is set to enter its next phase, evolving from a research project to a market standard."
Martin Jetter, former Senior Vice President of IBM and ex-chairman of Deutsche Börse AG, assumed the chairmanship of the SCION Association on July 1, succeeding Prof. Dr. Lothar Thiele. SCION focuses on advanced internet architecture that enhances cybersecurity and digital sovereignty. The Secure Swiss Finance Network (SSFN) runs entirely on SCION, connects over 300 financial institutions, and processes about 200 billion Swiss francs daily, replacing private lines. SCION's design offers advantages over traditional internet protocols in the face of growing cyber threats. Jetter advised SCION since 2022 and aims to guide its shift toward market standardization.
Read at Techzine Global
Unable to calculate read time
Collection
[
|
...
]