Bei Jing Shang Bao·2025-12-11 15:22Core Viewpoint - The collaboration between Swift, Ant International, and HSBC in Singapore has successfully completed a proof of concept (POC) for tokenized deposit cross-border transfers based on the ISO 20022 standard, marking a significant step in enhancing liquidity and enabling programmable finance [1] Group 1: Project Overview - The project leverages Swift's global financial messaging network, HSBC's newly launched tokenized deposit service, and Ant International's blockchain technology [1] - The POC aims to provide 24/7 real-time settlement services, enhancing the potential of tokenized deposits for enterprises [1] Group 2: Integration and Efficiency - Ant International and HSBC successfully integrated Ant International's blockchain infrastructure with the Swift network [1] - The collaboration allows for cross-border real-time fund management through HSBC's tokenized deposit services in Singapore and Hong Kong [1] - The development of a standardized protocol enables Ant International to efficiently utilize banking services without establishing bilateral anti-money laundering (AML) and compliance arrangements with each banking partner [1]