Swift’s Blockchain Initiatives

[chainsniff]

Q: What is Swift doing with blockchain?
Swift has been exploring blockchain solutions since 2023, collaborating with Chainlink and other partners to enable cross-border and tokenized finance.

Q: Which projects are involved?

Project Agorá with BIS and private banks for tokenized deposits

A blockchain “state machine” for tracking ISO 20022 messages

A real-time settlement system with Consensys and 30+ institutions

Q: Why does it matter?
Swift’s blockchain initiatives could allow banks to process tokenized assets faster and more securely while staying compliant with existing financial infrastructure.

[Nahid10]

Swift is working with Chainlink and others to bring blockchain into cross-border and tokenized finance.

[kelson10]

Projects like Agorá with BIS and banks show the focus on tokenized deposits and settlement.