Organization
7 Interestana reports mention Swift, newest first. Each is summarised from the original reporting and links back to its publisher.
Banks require significant internal infrastructure development, including their own permissioned ledger, wallet tools, and smart-contract capabilities, before they can effectively utilize Swift's nascent tokenized-deposit network. This assertion was made by Lamine Brahimi, a co-founder of Taurus, a digital asset infrastructure…
Swift, the dominant global financial messaging network facilitating cross-border payments for over 11,500 financial institutions, is encountering significant pressure from emerging blockchain-based payment infrastructures. These new systems, championed by cryptocurrency executives, propose a decentralized and potentially more efficient alternative…
Taurus, a digital asset infrastructure provider, is establishing a direct link between its platforms and Swift's blockchain-based distributed ledger technology (DLT). This integration is poised to streamline institutional access to digital assets by leveraging Swift's established global network.
Standard Chartered and HSBC successfully executed the first live transaction on Swift's blockchain ledger on November 15, 2023, marking a significant advancement in cross-border payment technology. This inaugural transaction directly connected the banks' separate tokenized deposit systems, demonstrating a tangible…
Swift, the global interbank messaging system, has launched a new blockchain-based ledger designed to enable 24/7 real-time payments for its member banks. Seventeen major global financial institutions are preparing to pilot live transactions on this platform, which utilizes tokenized digital…
SWIFT launched its new blockchain ledger on November 16, 2023, designed to host a tokenized bank deposit pilot program. This initiative involves 17 major global banks, all of which are exploring the potential of tokenized deposits to streamline and accelerate…