Digital finance with tokenised deposits: Swift’s blockchain-based shared ledger progresses to MVP implementation

Digital finance with tokenised deposits: Swift’s blockchain-based shared ledger progresses to MVP implementation

Swift has successfully completed the design phase of its blockchain-based shared ledger, and is now actively building the first iteration that will enable interoperability between banks’ tokenised deposits to facilitate 24/7 cross-border payments. „The MVP of the ledger is planned to go-live with real-world transactions this year as Swift works in parallel with banks internationally to define a roadmap of future functionality, the exploration of other on-chain settlement […]

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