Okay, so Chainlink just did the unthinkable: they made Swift and banks get along? Who knew legacy systems could learn new tricks without a meltdown? 🤯
Chainlink’s “Chainlink Runtime Environment” (aka CRE) is now playing nice with Swift’s messaging. Basically, banks can now use their ancient, dusty infrastructure to talk to blockchains. It’s like giving your grandma a smartphone but telling her it’s “just like the rotary phone.” 📱🚀
This builds on Project Guardian, a 2024 experiment with UBS Tokenize and Singapore’s MAS. Spoiler: They tokenized funds and realized blockchain might not be the apocalypse after all. Or maybe they just wanted to tokenize grandma’s cookie jar. 🍪🧸
Using Swift’s ISO 20022 messages for fund subscriptions and redemptions? Classic! Because nothing says “innovation” like replacing 10 intermediaries with one blockchain and a bunch of reconciliation steps. 🧾➡️🫡
“Interoperability unlock” – because nothing says “last-mile connectivity” like making banks feel like they’re still in charge. 🧙♂️✨
McKinsey says $147 trillion in assets under management by June 2025. Wow, that’s a lot of zeros. Must’ve been a typo… or maybe a lottery win. 🎉💰
Swift, the Belgium-based cooperative from the 70s, is now the cool kid on the block. Or at least the banker who finally learned how to send a text. 🏛️📲
SWIFT’s Evolution: From Fax Machines to Blockchain 🕰️🚀
Since 2023, Swift and Chainlink have been testing how to let banks use one app to connect to all blockchains. It’s like giving a single remote to someone who owns 50 TVs. 📺🌀
In 2024, Swift joined Project Agorá with 41 banks to figure out tokenized deposits and CBDCs. Because nothing says “future of finance” like a group chat named after a Greek philosopher. 🏛️📜
Swift’s blockchain “state machine” is either genius or a midlife crisis. Either way, it’s running ISO 20022 messages on blockchains or centralized platforms. Like tech soup. 🍲
And now, Swift is teaming up with Consensys and 30+ institutions for real-time cross-border payments. Because nothing says “global” like a system that works 24/7. 🌍✨
Legal Panel: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight
Read More
- Byler Confirmed? Mike and Will’s Relationship in Stranger Things Season 5
- One-Way Quantum Streets: Superconducting Diodes Enable Directional Entanglement
- Best Job for Main Character in Octopath Traveler 0
- Quantum Circuits Reveal Hidden Connections to Gauge Theory
- Entangling Bosonic Qubits: A Step Towards Fault-Tolerant Quantum Computation
- All Exploration Challenges & Rewards in Battlefield 6 Redsec
- Upload Labs: Beginner Tips & Tricks
- Star Wars: Zero Company – The Clone Wars Strategy Game You Didn’t Know You Needed
- How to Get to Serenity Island in Infinity Nikki
- What is Legendary Potential in Last Epoch?
2025-09-30 23:21