The partnership between Chainlink (LINK) and Swift has been causing excitement lately. LINK is still up 0.94 over the week despite a 24-hour drop of 6.64%, currently priced at $11.30. Analysts are exploring the potential for LINK to reach $30.
Chainlink and SWIFT Join Forces for Blockchain Integration
Chainlink and SWIFT are partnering to integrate blockchain into traditional finance. This will enable institutions to interact with digital assets over SWIFT’s established messaging network.
Institutions can lock assets on-chain and perform payments securely, using Chainlink’s blockchain infrastructure to convert traditional finance messages into blockchain events.
Source: X
Nazarov said at Sibos the solution was set to move into pre-production. The functionalities are ready for the banks to start integrating into their existing systems.
Another feature is the introduction of a new Blockchain Privacy Manager (BPM). It facilitates the secure execution of transactions su
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