Swift’s Linea Pilot May Signal Feasibility of Blockchain-Based Interbank Settlement, Banks Assess Privacy and Compliance

‘+
”,

// 2
”+

‘+
🚀 Advanced Platform. Real Opportunities.
‘+
Access deep liquidity, fast execution, and powerful order types. Start today.‘+

‘+
”,

// 3
”+

‘+
📈 Make Every Move Count
‘+
From spot to advanced trading tools, unlock a professional-grade experience in minutes.‘+

‘+
”,

// 4
”+

‘+
🧠 Smart Tools for Serious Traders
‘+
Set precise entries, manage risk, and act faster with pro features. Join now.‘+

‘+
”,

// 5
”+

‘+
⚡ Speed, Depth, Control
‘+
Tap into high-performance trading with robust charting and order execution.‘+

‘+
”,

// 6
”+

‘+
💼 Built for Professionals
‘+
Leverage advanced analytics and a wide selection of assets. Get started now.‘+

‘+
”,

// 7
”+

‘+
📊 Precision Trading, Simplified
‘+
Powerful charts, alerts, and order controls designed to help you execute with confidence.‘+

‘+
”,

// 8
”+

‘+
🔒 Secure. Efficient. Professional.
‘+
Experience a reliable environment to trade the markets your way—anytime.‘+

‘+

];

var adplace = document.getElementById(“ads-binance”);
if (adplace) {
// Persist & rotate creatives per session
var sessIndex = parseInt(sessionStorage.getItem(“adsindexProEx”), 10);
var idx = Number.isInteger(sessIndex) ? sessIndex : Math.floor(Math.random() * adscodesPro.length);
adplace.innerHTML = adscodesPro[idx];

// Cycle next index
var next = (idx === adscodesPro.length – 1) ? 0 : idx + 1;
sessionStorage.setItem(“adsindexProEx”, next);
}
})();

  • Over 30 global banks test on‑chain interbank token transfers under Swift’s pilot.

  • Linea was chosen for privacy and throughput; Swift may evaluate other Layer 2s if needed.

    ‘+
    ”,

    // 2
    ”+

    ‘+
    📈 Trade Smarter, Not Harder
    ‘+
    Advanced charts, precise orders, and real-time insights—start now.‘+

    ‘+
    ”,

    // 3
    ”+

    ‘+
    💼 Built for Active Traders
    ‘+
    Access robust analytics, swift execution, and a wide range of markets.‘+

    ‘+
    ”,

    // 4
    ”+

    ‘+
    ⚡ Speed, Control, Precision
    ‘+
    Set entries, manage risk, and act on opportunities in seconds.‘+

    ‘+
    ”,

    // 5
    ”+

    ‘+
    🧠 Pro Tools for Clear Decisions
    ‘+
    Alerts, order controls, and analytics designed for disciplined execution.‘+

    ‘+
    ”,

    // 6
    ”+

    ‘+
    📊 Elevate Your Strategy
    ‘+
    From scalping to swing, harness data-driven trading with ease.‘+

    ‘+
    ”,

    // 7
    ”+

    ‘+
    🔒 Reliable. Efficient. Pro-Ready.
    ‘+
    Trade your plan in a stable, high-performance environment—anytime.‘+

    ‘+
    ”,

    // 8
    ”+

    ‘+
    🧭 Navigate Volatility with Confidence
    ‘+
    Use advanced order types and risk tools to stay in control.‘+

    ‘+

    ];

    var adplace = document.getElementById(“ads-gateio”);
    if (adplace) {
    // Persist & rotate creatives per session
    var sessIndex = parseInt(sessionStorage.getItem(“adsindexGateio”), 10);
    var idx = Number.isInteger(sessIndex) ? sessIndex : Math.floor(Math.random() * adscodesGateio.length);
    adplace.innerHTML = adscodesGateio[idx];

    // Cycle next index
    var next = (idx === adscodesGateio.length – 1) ? 0 : idx + 1;
    sessionStorage.setItem(“adsindexGateio”, next);
    }
    })();

  • Results are experimental and contingent on institutional adoption, regulatory fit and performance data.

  • Meta description: Swift blockchain pilot with Linea tests tokenised interbank settlement and compliance controls — read findings, risks, and next steps for banks.

    ‘+
    ”,

    // 2
    ”+

    ‘+
    ⚡ High-Performance Futures Trading
    ‘+
    Trade with deep liquidity, precise controls, and real-time insights.‘+

    ‘+
    ”,

    // 3
    ”+

    ‘+
    🧠 Smarter Strategies. Better Execution.
    ‘+
    Build positions with leverage responsibly and manage risk with pro-grade tools.‘+

    ‘+
    ”,

    // 4
    ”+

    ‘+
    🚀 Futures Opportunities, 24/7
    ‘+
    Go long or short with confidence. Execute fast and stay in control.‘+

    ‘+
    ”,

    // 5
    ”+

    ‘+
    📊 Precision Tools for Volatile Markets
    ‘+
    Set entries, define stops, and automate alerts for your edge.‘+

    ‘+
    ”,

    // 6
    ”+

    ‘+
    💼 Built for Serious Futures Traders
    ‘+
    Institutional-grade charts, risk controls, and swift order routing.‘+

    ‘+
    ”,

    // 7
    ”+

    ‘+
    🧭 Navigate Volatility with Control
    ‘+
    Hedge, speculate, and rebalance with flexible leverage options.‘+

    ‘+
    ”,

    // 8
    ”+

    ‘+
    🔒 Secure. Efficient. Futures-Ready.
    ‘+
    Trade your plan with reliable execution and comprehensive analytics.‘+

    ‘+

    ];

    var adplace = document.getElementById(“ads-bitget”);
    if (adplace) {
    // Persist & rotate creatives per session
    var sessIndex = parseInt(sessionStorage.getItem(“adsindexBitgetFuts”), 10);
    var idx = Number.isInteger(sessIndex) ? sessIndex : Math.floor(Math.random() * adscodesBitget.length);
    adplace.innerHTML = adscodesBitget[idx];

    // Cycle next index
    var next = (idx === adscodesBitget.length – 1) ? 0 : idx + 1;
    sessionStorage.setItem(“adsindexBitgetFuts”, next);
    }
    })();

    Swift’s pilot with Linea tests blockchain-based settlement for banks while assessing privacy and compliance readiness.

    • Over 30 global banks are evaluating Swift’s blockchain pilot to test interbank token transfers and compliance controls.
    • Linea was chosen for its privacy features, though Swift may add other Layer 2s if performance requirements are unmet.
    • The pilot remains experimental, with no public roadmap, making outcomes dependent on institutional adoption.

    Swift, the world’s dominant interbank messaging network, has formally begun testing blockchain infrastructure with ConsenSys-developed Layer 2 network Linea. The pilot introduces decentralised ledger technology into a system relied upon by more than 11,000 financial institutions, marking Swift’s first step toward a programmable settlement environment.

    What is the Swift blockchain pilot with Linea?

    The Swift blockchain pilot is an experimental research initiative that layers a blockchain ledger next to Swift messaging to test tokenised settlement flows, privacy controls and on‑chain compliance. Over 30 banks across 16+ countries are participating to measure feasibility without replacing existing rails.

    ‘+
    ”,

    // 2
    ”+

    ‘+
    📈 Trade With Confidence
    ‘+
    Spot, margin, and precision tools to take control of your strategy.‘+

    ‘+
    ”,

    // 3
    ”+

    ‘+
    🧠 Smarter Tools. Better Decisions.
    ‘+
    Use alerts, depth analytics, and risk controls to act faster.‘+

    ‘+
    ”,

    // 4
    ”+

    ‘+
    ⚡ Fast Execution, Deep Liquidity
    ‘+
    Enter and manage positions with speed and precision—anytime.‘+

    ‘+
    ”,

    // 5
    ”+

    ‘+
    📊 Precision Trading Made Simple
    ‘+
    Clean UI, powerful charts, and flexible order controls for your edge.‘+

    ‘+
    ”,

    // 6
    ”+

    ‘+
    💼 Built for Active Traders
    ‘+
    Analytics, watchlists, and risk tools to support your plan—start today.‘+

    ‘+
    ”,

    // 7
    ”+

    ‘+
    🔔 Never Miss the Move
    ‘+
    Set custom alerts, define entries and exits, and execute with confidence.‘+

    ‘+
    ”,

    // 8
    ”+

    ‘+
    🔒 Secure. Efficient. Pro-Ready.
    ‘+
    Trade your strategy with reliable performance and comprehensive tools.‘+

    ‘+

    ];

    // Mount point & rotation state (renamed keys, no brand in ids/keys)
    var MOUNT_ID = “ads-unit-alpha”;
    var ROT_KEY = “rot_alpha_index_v1”;

    var mount = document.getElementById(MOUNT_ID);
    if (mount) {
    var saved = parseInt(sessionStorage.getItem(ROT_KEY), 10);
    var idx = Number.isInteger(saved) ? saved : Math.floor(Math.random() * creativesPool.length);
    mount.innerHTML = creativesPool[idx];

    var next = (idx === creativesPool.length – 1) ? 0 : idx + 1;
    sessionStorage.setItem(ROT_KEY, next);
    }
    })();

    How are banks participating and what are they testing?

    Participating banks — including large institutions such as BNP Paribas and BNY Mellon (mentioned as participants in reporting) — are evaluating:

    • Interbank token transfers and settlement finality on the Linea Layer 2 network.
    • Smart contracts that embed compliance checks and regulatory controls.
    • Privacy and encryption features to protect sensitive payment data.

    These tests focus on operational fit with legacy systems and whether tokenised flows can meet banks’ throughput, reconciliation and audit requirements.

    Why was Linea chosen and could other Layer 2s be used?

    Linea was selected for its privacy-oriented architecture and transaction throughput characteristics. Swift has signalled openness to other Layer 2 networks if Linea does not meet performance or compliance thresholds. Past Swift experiments referenced other chains, indicating a multi‑network evaluation approach.

    What compliance and privacy safeguards are being explored?

    Swift plans to enforce compliance through on‑chain smart contracts and governance rules integrated into transaction flows. Banks prioritised encryption, data protection and selective disclosure to balance decentralised execution with regulatory oversight. The pilot tests mechanisms to ensure auditability while preserving confidentiality.

    How likely is large-scale adoption and what are the risks?

    Adoption depends on measurable benefits: settlement finality, reduced intermediaries, cost savings and regulatory acceptance. Risks include regulatory friction, operational integration challenges and performance shortfalls. Swift frames the work as exploratory; outcomes are not guaranteed and hinge on institutional buy‑in.

    Frequently Asked Questions

    How does the pilot affect cross‑border payment speed?

    The pilot aims to test whether on‑chain settlement can reduce intermediary steps and improve finality times. Results depend on throughput, reconciliation efficiency and settlement processes measured during trials.

    Can smart contracts ensure regulatory compliance?

    Smart contracts can codify compliance checks and selective disclosures. The pilot assesses whether these on‑chain controls meet legal and audit requirements while preserving data privacy.

    Key Takeaways

    • Pilot scope: Swift is testing Linea to explore tokenised settlement integrated with messaging.
    • Privacy & compliance: Smart contracts and encryption are central to meeting regulatory requirements.
    • Adoption conditional: Institutional performance metrics and regulatory acceptance will determine wider rollout.

    Conclusion

    The Swift blockchain pilot with Linea is a cautious, research‑focused step toward programmable interbank settlement. Early tests will reveal whether tokenised flows can meet banks’ privacy, throughput and compliance needs. Watch for formal outcomes and potential expansion to other Layer 2 networks as metrics mature.

    ‘+
    ”,

    // 2
    ”+

    ‘+
    Advanced Platform. Clear Control.
    ‘+
    Define entries and exits precisely with robust risk management features.‘+

    ‘+
    ”,

    // 3
    ”+

    ‘+
    Speed Meets Liquidity
    ‘+
    Execute with confidence using reliable order routing and depth analytics.‘+

    ‘+
    ”,

    // 4
    ”+

    ‘+
    Pro-Grade Features, Simplified
    ‘+
    Clean UI, alerting, and advanced order types designed for active traders.‘+

    ‘+
    ”,

    // 5
    ”+

    ‘+
    Execute with Discipline
    ‘+
    Leverage risk tools, watchlists, and analytics to stay in control.‘+

    ‘+
    ”,

    // 6
    ”+

    ‘+
    24/7 Opportunities, One Interface
    ‘+
    Build, adjust, and manage positions efficiently—anytime.‘+

    ‘+

    ];

    // Mount and rotation state (new keys, no brand)
    const MOUNT_NODE_ID = “promo-slot-x”;
    const STORAGE_KEY = “cr_rot_seed_x”;

    const mount = document.getElementById(MOUNT_NODE_ID);
    if (!mount) return;

    // Rotate consistently within the session
    const savedIndex = parseInt(sessionStorage.getItem(STORAGE_KEY), 10);
    const idx = Number.isInteger(savedIndex)
    ? savedIndex
    : Math.floor(Math.random() * CREATIVE_SET.length);

    mount.innerHTML = CREATIVE_SET[idx];

    // Next index for subsequent loads
    const next = (idx + 1) % CREATIVE_SET.length;
    sessionStorage.setItem(STORAGE_KEY, String(next));
    })();

    Source: https://en.coinotag.com/swifts-linea-pilot-may-signal-feasibility-of-blockchain-based-interbank-settlement-banks-assess-privacy-and-compliance/