17:28 - 1.10.2025
October 1, Fineko/abc.az. At tconference Sibos 2025 in Frankfurt, SWIFT CEO Javier Perez-Tasso presented a new conceptual prototype of a blockchain register that promises to revolutionize interbank transfers.
ABC.AZ informs that this project, developed in collaboration with ConsenSys, aims to provide instant transactions 24/7. According to the document, the system will use advanced technologies to improve the security and speed of operations.
SWIFT's prototype blockchain register is designed to improve security and compatibility with existing financial systems, which can significantly simplify the process of interbank transfers. Mr. Perez-Tasso stressed that the new technology will allow banks to process transactions faster and more efficiently, which is especially important in the context of globalized financial markets.
