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Why SWIFT had to bring along 52 kilometres of cabling

So day three of SIBOS is coming to a close and I’ve found myself
rushed off my feet as always, running between sessions, trying ot blog and
tweet and trying to find a decent wifi hotspot.

The wifi at SIBOS is really up and down, but then I found
out why: there is no wifi here!

You may think there is, but the wifi you’re using is not
part of the convention centre’s wifi, it’s SWIFT’s.

SWIFT found as the Osaka date neared that the convention centre
has no wifi.  Yah-boo-hiss!

So what did they do about it?

SWIFT shipped in 52 kilometres – yes, 52 kilometres or over
32 miles worth – of cabling.

SWIFT wired Osaka Convention Centre so we could be wireless.

That’s why the wifi is viable but, in an unbelievable move,
the Osaka Convention Centre has told SWIFT that that’s very nice of them to do
this, but they don’t want to keep it.

Are they mad?

Something strange in Japan (one of many btw).

Anyways, when you can find the wifi works, it’s pretty good
and so here’s an update of Day Three afternoon.

Just spent two hours in the innotribe space where we talked
a lot about big data and broke a lot of myths.

Big data is not about volume, it’s about analysis and usage.

Big data is not just a relational database, it’s far more
about continual analysis.

And social media and networking is not about increasing sociability,
in fact it’s the opposite.  It makes us more
isolated and more insular.

You need to attend innotribe if you want to know more but, to
give you a flavour, here’s a video they used to introduce the session stolen
from Defrag 2011.

Defrag 2011 Intro Video from Digital Alchemy on Vimeo


Innotribe’s program continues this afternoon with the launch
of the Digital Asset Grid (DAG), a very important SWIFT, Sibos and innotribe moment
(more later).

Anyways, after innotribe I was back on the conference room
floor trying to achieve two objectives:

find the best corporate gifts and giveaways; and

find the funniest exhibit hall moment.

I’ll be posting about both on Friday, so watch this space.

Now it’s rushing back into the plenary room to hear about
mobile payments and off to another cocktail party.

Should be fun and, just in case, more blogging tomorrow starting
with an update on all things to do with mobile payments, with case studies from
Commonwealth Bank (Kaching), PayPal, NTT DoCoMo and more.



About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here...

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  • Am keen to find out what the best give-away is at SIBOS!

  • SIBOX sounds like a cool conference. Hard to believe that the venue was not already equipped with wifi. And not to keep what Swift installed? Yikes! You’re right that’s pretty strange. Yes, what is the best give-away???