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Blockchain Just Became a Mainstream Part of Global Finance
Summary by The Register
10 Articles
10 Articles
Swift Announces Blockchain Initiative to Revolutionize Cross-Border Payments - WorldNL Magazine
TLDR Swift has announced the launch of a blockchain-based shared ledger to support 24/7 real-time cross-border payments. The new blockchain ledger aims to enhance scalability and reduce the costs and delays traditionally associated with cross-border transactions. Swift will collaborate with over 11,500 financial institutions globally, transforming the way international payments are processed. The ledger will utilize smart contracts to ensure tr…
Swift To Add Blockchain-Based Ledger To Its Infrastructure Stack In Groundbreaking Move To Accelerate And Scale Benefits Of Digital Finance Across More Than 200 Countries And Territories Worldwide
Swift today announces that it will add a blockchain-based shared ledger to its technology infrastructure, a pivotal step for global finance that promises to make instant, always-on cross-border transactions possible at unprecedented scale.
Coverage Details
Total News Sources10
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
Factuality
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