{"id":21760,"date":"2023-08-31T12:51:33","date_gmt":"2023-08-31T12:51:33","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/swift-says-blockchain-integration-more-plausible-than-unifying-cbdcs\/"},"modified":"2023-08-31T12:51:35","modified_gmt":"2023-08-31T12:51:35","slug":"swift-says-blockchain-integration-more-plausible-than-unifying-cbdcs","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/swift-says-blockchain-integration-more-plausible-than-unifying-cbdcs\/","title":{"rendered":"Swift says blockchain integration ‘more plausible’ than unifying CBDCs"},"content":{"rendered":"
Bank messaging network Swift has recently shared a report highlighting how Swift can connect with blockchains and solve the issue of interoperability between different blockchain networks.\u00a0<\/p>\n
In a report titled \u201cConnecting blockchains: Overcoming fragmentation in tokenised assets,\u201d Swift concluded that a more incremental approach that interlinks existing systems to blockchains is \u201cmore plausible\u201d for market development in the near term, compared to bringing together central bank digital currencies (CBDCs), tokenized deposits and assets in a single unified ledger. <\/p>\n