SWIFT could soon open up even further with blockchain assets
The financial telco is teaming up with the blockchain oracle network, Chainlink.
The pair are working on a proof-of-concept, which would allow SWIFT to allow token transfers across a range of blockchain environments.
The company believes this will give financial institutions the chance to become blockchain-friendly, without higher costs.
It’s not the first time these two firms have worked together. In fact, another proof-of-concept around bond issuance was tested around five years ago.