Swift blockchain shared ledgers enter the MVP development stage, with plans to deploy real trading operations this year

Gate News message. On March 31, Swift posted a tweet saying that its blockchain-based shared ledger project has made significant progress. After completing the design phase with a global banking group, Swift is currently developing the first MVP (minimum viable product) iteration of the ledger. The ledger is intended to enable interoperability between bank tokenized deposits and to support 24/7 cross-border payments, with plans to move into real transaction operations this year. The system will use existing compliance processes and support multiple settlement options, aiming to improve payment execution speed, enhance liquidity transparency, and reduce the workload of reconciliation between institutions.