SWIFT Connects a Quorum and Corda Blockchain For Cross-Border Payments – Trustnodes

SWIFT, the world’s biggest financial messaging system has launched a running sandbox where blockchain based central bank digital currencies (CBDC) can connect to each other globally through SWIFT, as well as connect their blockchain system to SWIFT’s more traditional ‘fiat’ system.

14 central and commercial banks, including Banque de France, the Deutsche Bundesbank, HSBC, Intesa Sanpaolo, NatWest, SMBC, Standard Chartered, UBS and Wells Fargo, are now collaborating in the testing environment, SWIFT said.

Source: https://www.trustnodes.com/2022/10/12/swift-connects-a-quorum-and-corda-blockchain-for-cross-border-payments