♻️SWIFT prepares the ground for the integration of banks and blockchain: what awaits us in 2025?
In today's fast-paced world of finance, technology is relentlessly transforming traditional approaches. One of the key areas of development is the integration of blockchain technologies into the banking system. SWIFT, the global network for the exchange of financial messages, plays an important role in this process, preparing the ground for the seamless integration of banks and blockchain. So, what can we expect in 2025 in this context?
The evolution of SWIFT: from messaging to integration
For decades, SWIFT has served as the backbone of international financial transactions, providing secure and reliable messaging between banks around the world. However, the emergence of blockchain technology with its promises of increased transparency, speed, and reduced costs has challenged the traditional model.
In response to these changes, SWIFT is actively exploring and implementing blockchain technologies. In recent years, the company has conducted a number of successful experiments and pilot projects, demonstrating the potential for integrating its existing infrastructure with various blockchain networks.
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