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Society for Worldwide Interbank Financial Telecommunication

Singapore eyes blockchain-based payment for cross-border transactions
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14 October, 2022

Singapore eyes blockchain-based payment for cross-border transactions

Ravi Menon noted that cross-border payments are blighted by several issues, the most significant being the speed of settling transactions...
SWIFT makes significant progress in CBDC experiments, poised to flip cross-border payments
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10 October, 2022

SWIFT makes significant progress in CBDC experiments, poised to flip cross-border payments

SWIFT's two experiments conducted in recent months proved that it was possible to move CBDCs on existing financial infrastructure.
Russia reconsiders stance on use of digital assets after past prohibitions
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9 September, 2022

Russia reconsiders stance on use of digital assets after past prohibitions

Following a barrage of sanctions and an ongoing row with the West, Russia is reportedly seeking to diversify its payment...
Russian state-owned company builds blockchain-based replacement for SWIFT
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12 June, 2022

Russian state-owned company builds blockchain-based replacement for SWIFT

Rostec, a state-owned defense conglomerate in Moscow, has announced that it has developed a blockchain platform that can be used...
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