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Swift to Launch Blockchain-Based Ledger with Chainlink Integration at 2025 Sibos

Swift to Launch Blockchain-Based Ledger with Chainlink Integration at 2025 Sibos

SWIFT unveils plans to introduce a blockchain-based shared ledger with over 30 financial institutions, focusing on 24/7 international payments and interoperability for tokenized asset trading.

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Fact Check
The statement is directly confirmed by multiple high-credibility sources. Swift's official website announces the 'blockchain-based ledger' and its presence at 'Sibos 2025' (Source 12). Chainlink, the integration partner, explicitly states that 'Swift announced at Sibos 2025 it is launching a new blockchain-based ledger' (Source 10, 11). This is further corroborated by financial news outlets (Source 8). The evidence is consistent, from primary sources, and without contradiction.
    Reference: 12
Summary

SWIFT has announced plans to integrate a blockchain-based shared ledger into its infrastructure, collaborating with over 30 global financial institutions. The first use case will focus on enabling real-time, 24/7 international payments, with a prototype developed in collaboration with ConsenSys to facilitate regulated tokenized asset trading and interoperability between existing and emerging systems.

Terms & Concepts
  • Blockchain-Based Shared Ledger: A decentralized ledger technology that records transactions on a blockchain, ensuring security, transparency, and immutability.
  • Tokenized Asset Trading: The process of trading assets that have been converted into digital tokens, representing ownership or rights to the underlying asset.