SWIFT: The blockchain-based shared ledger has entered the MVP stage and is set to launch real transactions this year
According to official news, SWIFT (Society for Worldwide Interbank Financial Telecommunication) has announced significant progress in its blockchain-based shared ledger project, having completed the design phase with several global banks. It has now officially entered the construction phase of the first Minimum Viable Product (MVP) iteration and plans to launch real transactions within 2026.
The ledger aims to achieve interoperability of tokenized deposits between banks and supports 24/7 cross-border payments. Functionally, the ledger supports executing payments using tokenized deposits, reuses existing compliance processes, and is compatible with various settlement methods.
SWIFT stated that the core advantages of this ledger include: accelerating payment execution speed, enhancing liquidity visibility, reducing reconciliation workload, and achieving interoperability across institutions. Currently, SWIFT is simultaneously collaborating with banks internationally to accelerate the financial industry's transition to digital finance.
You may also like

Polymarket Fee Surge Explained: Where Did 90%+ of Extreme Fees Come From?

Event Notice: Prompting Pop Culture | Super Creator Live

Claude Code Leak Deep Dive, What's Next for Anthropic?

Buffett's Latest Interview: Sold Apple Too Early, But It's Not Yet Time to Buy the Dip

Will Middle Management Be Eliminated by AI? What Will the Company Structure of the Future Look Like

Google Issues Warning: Cryptocurrency Industry Must Transition to Post-Quantum Cryptography

Claude's 18 Electronic Pets Go Live, Tamagotchi Song in Terminal

Rhythm X Zhihu jointly hold a Web4.0-themed event: When AI Agent Takes Over On-Chain Governance

Aster This Year: From Staking Protocol to Public Chain, Leonard and His Three Bets All In

EthCC Cannes News Flash: When Bankers Stepped Into the Developer's Den

The Exit Signal is Pricier Than the Entry Signal | Rewire News Morning Brief

Claude Code 500K Lines Code Leak Fully Organized, What's the True Core of the AI Agent?

Bitcoin Enters Bond Market, Moody's Provides First-Ever Rating for Global Cryptocurrency-Backed Bond

A Country Wagering 9% of Its GDP on Bitcoin

Analyzing Claude Code Source Code: Why is It Better Than Other AI Programming Tools?

Is the "Quantum Threat" Imminent, and How Much Time Does Bitcoin Have Left?

Morning News | Nasdaq will eliminate the 10% minimum float requirement next month; OpenFX completes $94 million financing; Coinbase establishes "Next Bets" internal venture capital program

