IBM Connects Banks To Swift’s Blockchain Ledger For Tokenized Deposits
regulatory
IBM is connecting banks to SWIFT’s blockchain-based ledger to support tokenized deposits and other regulated digital-asset transactions. The initiative is intended to let financial institutions use existing banking infrastructure while improving the speed and interoperability of cross-border settlement. For Bitcoin, the development reinforces growing institutional adoption of blockchain technology but also highlights competition from permissioned systems designed for regulated payments rather than decentralized assets.
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