In a historic milestone for digital finance, the SWIFT network announced today the integration of a shared ledger based on blockchain into its infrastructure, promising to accelerate cross-border transactions in real time for more than 200 countries and territories.
Contrary to expectations in the crypto-assets sector, SWIFT opted for a generic blockchain solution developed with Consensys, leaving aside Ripple's XRP – a cryptocurrency historically associated with attempts to integrate with the network but never officially adopted.
