Global cross-border payment transmission system leader SWIFT has been actively embracing blockchain technology in recent years, “connecting digital islands” to seamlessly integrate central bank digital currencies (CBDCs) on different platforms. SWIFT has announced that it has successfully completed the second phase sandbox testing of the interconnection solution for central bank digital currencies (CBDCs) in collaboration with 38 institutions worldwide, including the Central Bank of Taiwan and banking industry players.
SWIFT Connects “Digital Islands” to Complete Trade, Securities, and Forex Sandbox Experiments with Taiwan’s Participation
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