BankChain Alliance Targets 2027 Launch for US Bank Blockchain Network
Thirty-nine state banking associations have formed BankChain Alliance, but its technology, bank participants and operating model remain unsettled.
Thirty-nine state banking associations have formed BankChain Alliance, but its technology, bank participants and operating model remain unsettled.
The banks used Swift’s blockchain ledger to coordinate tokenized-deposit obligations before final settlement through existing payment systems.
Swift says its shared ledger is ready for initial use, with 17 banks preparing live pilots of 24/7 cross-border payments using tokenized deposits.