Today news
About the same in other media
Swift explores expansion of network into the digital asset market
Reading now: 611
finextra.comBanks and securities firms are vying to tap into this nascent market by developing digital asset servicing capabilities, such as private key safekeeping and support for the full lifecycle of digital securities. For its part, Swift is exploring how it can improve interoperability between participants and systems during the transactional lifecycle of tokenised assets.
To this end, the Brussels-based messaging paltform plans a series of experiments in Q1 2022 on issuance, delivery versus payment (DVP), and redemption processes needed to support a seamless tokenised asset market. These experiments will use both established forms of payment and central bank digital currencies (CBDCs), says Thomas Zschach, chief innovation officer, Swift.
Read more on finextra.comAbout this in other media
Why the US stock market selloff is hitting GameStop and AMC fnlondon.com /2 years ago
The Most Innovative Blockchain Use Cases Transforming The Digital Landscape cryptonews.com /2 years ago
ClassicDoge: Transforming Your Pet into the Metaverse cryptonews.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
