Swift announced at the Sebos conference, more than 30 of the largest banks around the world in the design, development and testing of the new show.
Great news at the SIBOS conference for this year in Frankfurt came directly at the opening on Monday. Swift announced that it will add a Blockchain joint professor’s book to its infrastructure, which represents a leading step to accelerate and expand the advantages of digital financing across more than 200 countries and regions worldwide.
The initial focus on the payments will be in actual time, over 24/7 across the border, and the cooperative with financial correspondence creates a network linking more than 11,000 banks in more than 200 countries. The date of the launch has not been announced, but as soon as it is implemented, the professor’s book will make this cross -border payments worldwide.
Swift and more than 30 leading financial institutions from 16 countries around the world, including Bank of America, BBVA, BNP Paribas, Citi, DBS, Deutsche Bank, Emirates NBD, First Abu Dhabi Bank, HSBC, JPMorgan Chase, MUFG, OCBC, Royal Bank of Canada, Societe General – Forge, financial institutions will provide notes on the design of the professor’s book, followed by more development and testing.
Initially, Swift will cooperate with the Blockchain software developer corresponding to the first conceptual model of the notebook, which will support the interim operation via current and emerging systems. The model uses the parallel tracks for “upgrading the current bars with the creation of future digital bars to increase the selection of the industry infrastructure to the maximum.”
This announcement is important for several reasons: it shows that Swift is ready to take advantage of the unique strengths of its network to launch the Blockchain World Professor Book, and most major international banks are supported by all over the world. It is also a clear sign of all the books of the different professor in Bluchin, which was launched by other institutions that today’s plan is the result of a collective effort and will block and coordinate what every financial institution has done and do in this field.
“If we record the rich in developing the immediate payment capabilities and our early solutions in Blockchain’s payment solutions, DBS enables the support of the Swift Digital shared series.” Lim soon Chung, head of the Global Transaction Services Group at DBS. “We believe that the Blockchain technology can be included in the next generation of financial services” always “and” more intelligent. “The Swift initiative is going further-it is operating interrelated with the banking bars of traditional correspondents, and has a high transaction capacity, and it can obtain a financial and future banking mark in the future. Infrastructure.”
