Building the digital payment stack of the future
We’re working with 30+ financial institutions to add a blockchain-based ledger to our infrastructure stack. By doing so, we’ll extend our trusted platform into a digital environment, unlock the potential for instant, always-on transactions at global scale and accelerate the industry’s transition to digital finance. The first use case will be focused on 24/7 cross-border payments.
Building the digital payment stack of the future
More than a technology upgrade
Our first use case will be supporting 24/7, real-time cross-border payments
A secure, real-time log of transactions between financial institutions will record, sequence and validate transactions and enforce rules through smart contracts
Financial institutions depend on us to keep the economy moving – now we’re bringing that reliability to digital finance
Designed to interoperate with existing and emerging systems, our ledger will help digital finance scale efficiently
Want to learn more?
Straight from Sibos
I'm very pleased to announce that we will add a blockchain-based ledger to our technology infrastructure to allow for trusted movement of tokenised value across the digital ecosystems.
FAQs
What is the Swift blockchain-based shared ledger?
A blockchain providing a shared, real-time record of transactions between financial institutions, designed for instant, always-on cross-border payments and tokenised value.
Who is it for?
Banks and financial institutions that want to deliver faster, more transparent payments while preparing for the digital future.
What are the benefits?
- Real-time visibility and predictability of payments
- Interoperability with traditional rails and emerging systems
- Ability to move regulated tokenised value securely
How does it fit with Swift’s platform?
It complements our trusted role in global finance, extending capabilities into digital rails while maintaining resilience, security, and compliance.
What’s the first use case?
Supporting real-time, 24/7 cross-border payments.
Who is involved?
We’re working with a coalition of over 30 banks from 16 countries.
When will it be available?
The initiative is being developed in stages, starting with the prototype. Timelines will be guided by development and testing phases.