SWIFT Chief Announces Trial DLT Integration With R3
Global banking payments network SWIFT says it plans a trial integration with DLT provider R3.
Japan is said to be leading the creation of an international cryptocurrency payments network similar to banking network SWIFT.
Interbank messaging giant SWIFT will soon allow DLT-based trade platforms to make use of its GPI platform for traceable, near-instant payments.
Wells Fargo’s innovation lead says the bank’s new digital cash for internal transfers is faster and more efficient than SWIFT.
Over 100 firms including SWIFT, IBM and Ripple have joined a blockchain association officially launched by the European Commission on Wednesday.
Financial messaging giant Swift has teamed up with Singapore Exchange and several major banks to trial a DLT platform for shareholder voting.