HSBC, Standard Chartered Complete First Live Transaction on Swift Ledger
The banks used Swift’s blockchain ledger to coordinate tokenized-deposit obligations before final settlement through existing payment systems.
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.
Egypt’s banking sector has adopted ISO 20022 for SWIFT interbank transfer messages, upgrading the country’s RTGS infrastructure and payment data.