SWIFT to Allow GPI Payments on Blockchain Platforms

Cointelegraph | Jun 24, 2019 at 4:30 PM
  • The Society for Worldwide Interbank Financial Telecommunications (SWIFT) will allow distributed ledger technology (DLT) firms to use its global payments innovation (GPI) platform.
  • The product is designed to connect various trade platforms to GPI members, allowing end-to-end payment tracking, payment authentication, and credit confirmation.
  • The existing SWIFT network and infrastructure was used to access, test and validate the applicability of the technology.