The Society for Worldwide Interbank Financial Telecommunication (Swift) has conducted successful experiments of tokenized asset transfers across multiple blockchains. Swift’s infrastructure has the potential to eliminate obstacles hindering the growth of tokenized asset markets, such as regulatory clarity and data privacy. The experiments involved simulated transfers of tokens within a single public blockchain, between different public blockchains, and between public and private networks. Swift’s infrastructure also shows promise for integrating Central Bank Digital Currencies and other digital assets with existing payment systems. The organization plans to continue exploring blockchain technologies, particularly public permissioned ledgers. Swift collaborated with Chainlink and several financial institutions in these experiments, emphasizing the criticality of interoperability across chains for digital asset adoption in the global financial system.
AI Sentiment: Positive
