Swift, a global financial messaging network, has successfully conducted a variety of blockchain interoperability tests with multiple financial institutions such as Citi, SIX Digital Exchange (SDX), BNP Paribas, and BNY Mellon. The tests were conducted using Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This is part of Swift’s strategy to ensure secure, global interoperability as new technologies and platforms emerge. The experiments have demonstrated that the existing Swift infrastructure can provide a central point of connectivity, which is essential for the development of tokenization. Tom Zschach, Swift’s Chief Innovation Officer, commented that interoperability is at the heart of everything they are doing to facilitate the seamless flow of value across the world. Chainlink also launched CCIP in July, with the aim of positioning the protocol as the new gold standard for cross-chain interoperability.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | positive |
| Relevance Score | 8 |
| People | Tom Zschach, Sergey Nazarov |
| Companies | Central Bank Digital Currencies (CBDCs), Chainlink, Citi, Swift, BNY Mellon, BNP Paribas, Oracle provider, Cross-Chain Interoperability Protocol (CCIP), SIX Digital Exchange (SDX), Web3 services platform |
| Currencies | None |
| Securities | None |
