Swift to Launch Blockchain Ledger Service in First Half With More Than 40 Banks
JOON HYOUNG LEE
Summary
- The Society for Worldwide Interbank Financial Telecommunication, Swift, said it will launch a blockchain-based ledger service in the first half of this year.
- More than 40 banks are participating as partners in the blockchain ledger project.
- Swift’s ledger will use Hyperledger Besu and will also integrate the Chainlink (LINK) blockchain.
Forecast Trend Report by Period
Swift plans to launch a blockchain-based ledger service in the first half of this year.
CoinPaprika reported on March 7 that Swift recently began building the blockchain ledger, targeting a launch within the first half. More than 40 banks are participating in the project as partners, the report said.
Swift’s ledger will use the open-source blockchain Hyperledger Besu. It also plans to integrate Chainlink’s blockchain, according to the report.
Swift said last year that it would work with Consensys to develop a blockchain-based payment system.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
