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  1. Home
  2. Pulse of the market
  3. 📬 SWIFT & 30+ Banks Race to Reinvent Cross-Border Payments on Blockchain

📬 SWIFT & 30+ Banks Race to Reinvent Cross-Border Payments on Blockchain

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  • theSignalystT Offline
    theSignalystT Offline
    theSignalyst
    wrote on last edited by
    #1

    The global financial message network SWIFT and over 30 major banks announced they are working “at pace” to build a blockchain-based digital ledger system to make cross-border payments instantaneous.

    swift.png

    If this works, international money transfers could become faster, cheaper, and more frictionless.

    All Strategies Are Good; If Managed Properly!

    1 Reply Last reply
    0
    • EmTeamE Offline
      EmTeamE Offline
      EmTeam
      wrote on last edited by
      #2

      SWIFT and 30+ banks building a blockchain ledger shows instant cross-border payments are getting real.

      1 Reply Last reply
      0
      • Nahid10N Offline
        Nahid10N Offline
        Nahid10
        wrote on last edited by
        #3

        If successful, this could be one of the biggest shifts in global finance infrastructure.

        1 Reply Last reply
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