SWIFT pilots blockchain-based system with 17 banks, Scott Melker reveals

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Daria Chernytska

22 hours ago

SWIFT pilots blockchain-based system with 17 banks, Scott Melker reveals — SWIFT pilots blockchain for payments

Scott Melker, owner and content creator, reports that SWIFT will pilot a blockchain-based ledger with 17 global banks. The project aims to enable 24/7 cross-border payments using tokenized deposits.

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Melker has recently reported that Vitalik Buterin outlined a major rebuild of Ethereum expected to match the impact of the Merge within the next three to four years. He also covered JPMorgan's decision to raise its S&P 500 year-end target to 7,800 on the back of strong AI-driven earnings and reduced geopolitical concerns. These updates follow his coverage of digital assets and equities developments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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