Swift, which has long been international banking’s preferred cross-border payments messaging system of choice, has published the results of an investigation into connecting traditional banks to the myriad of blockchain choices in order to leverage tokenized assets.
The greedy bankers are finally coming around to the fact that blockchain technology is a far more efficient vehicle for the transfer of wealth. So now they’re desperately trying to come up with ways to stop that wealth from transferring away from them.
Swift, which has long been international banking’s preferred cross-border payments messaging system of choice, has published the results of an investigation into connecting traditional banks to the myriad of blockchain choices in order to leverage tokenized assets.
The greedy bankers are finally coming around to the fact that blockchain technology is a far more efficient vehicle for the transfer of wealth. So now they’re desperately trying to come up with ways to stop that wealth from transferring away from them.
SWIFT completes another phase of its CBDC trials. The focus is on cross-border settlements between different CBDCs. The conclusion so far is that their existing systems can handle it.
SWIFT, the Society for Worldwide Interbank Financial Telecommunication explores blockchain tech to improve the speed and quality of data in operating processes.
