SWIFT is Now Developing a Distributed Ledger Platform

SWIFT is Now Developing a Distributed Ledger Platform

A new report from SWIFT details the settlement network operator's plan to develop a distributed ledger application platform. The 20-page report, which was the result of research and development between SWIFT and professional services firm Accenture, includes new details on SWIFT’s proofs-of-concept focused on the technology. These include how it working on transaction settlement and identity management concepts that incorporate blockchain elements. Notably, the paper outlines SWIFT's intention to create "a distinctive [distributed ledger technology] DLT platform"....


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