SWIFT

SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a global messaging network used by banks and other financial institutions to securely transmit information and instructions through a standardized system of codes. Established in 1973 and headquartered in Belgium, it facilitates the vast majority of international wire transfers, making it a cornerstone of the […]

SWIFT, the global financial messaging network, has released the results of a series of experiments that demonstrate its ability to facilitate the transfer of tokenized assets across multiple blockchains. Conducted in partnership with Chainlink, a leading Web3 services platform, the experiments also involved a consortium of major financial institutions, including ANZ, BNP Paribas, BNY Mellon, […]