SWIFT will introduce a blockchain ledger to expand its existing financial infrastructure
2025-12-19 13:43:14
Swift officially announced that it is working with more than 30 banks around the world to advance the design of a blockchain-based ledger system, aiming to expand the existing financial infrastructure and support the large-scale circulation of tokenized assets. Swift said that the ledger will record and verify the order of transactions through smart contracts, enabling parallel operation with existing systems, solving the problem of digital financial fragmentation, and improving the efficiency of global cross-border transfer and asset transfer.
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