SWIFT’s Blockchain Ledger Goes Live, but Old Bottlenecks Persist
SWIFT’s blockchain-based shared ledger has moved from testing to stay deployment. Seventeen main banks are actually making ready to course of actual transactions utilizing tokenized deposits, although the system nonetheless leans on SWIFT’s older infrastructure to complete every switch. Citi, HSBC, UBS, and 14 different banks throughout six continents will run pilot transfers. Their tokenized…
