SWIFT Bridges TradFi and Distributed Ledger Technology With 17 Banks

SWIFT has introduced its own blockchain-based shared ledger after nine months of development. The pilot project is moving into operational use with 17 major banks set to pioneer tokenised cross-border payments. The banks are ANZ, BNP Paribas, BNY, Citi, DBS, First Abu Dhabi Bank, FirstRand Bank, HSBC, Itaú Unibanco, Lloyds Bank, Mashreq, MUFG Bank, OCBC,