SWIFT Takes Bold Step Into Blockchain Technology 💼
SWIFT is venturing into blockchain technology by launching a new ledger platform tailored for banks. This strategic move aims to keep SWIFT relevant amid the growing trend of tokenized financial systems. Industry experts are engaging in discussions about the necessity and potential role of SWIFT in this evolving landscape.
The debate centers around whether traditional financial institutions like SWIFT can adapt effectively to the rapidly changing technological environment of blockchain. As the financial industry increasingly embraces tokenization, the relevance of established systems is being questioned.
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