As a landmark moment for the global financial system and blockchain industry alike, Swift announced at Sibos 2025 it is launching a new blockchain-based ledger: https://t.co/uQPWW7uZE4We congratulate our partner Swift and the broader Swift community on adopting blockchains and oracle networks as a key next step, validating the clear value that blockchain technology and oracle networks bring to modernizing the financial system.As noted by Swift, the ledger is a natural extension of Swift’s progressive ecosys ...

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Swift, the entity that runs the messaging system used by financial institutions globally to send instructions on tens of millions of transactions a day, will add a blockchain-based ledger to its infrastructure https://t.co/ad83RM5TUx ...

Core Concept - The article discusses decentralized systems, highlighting their ability to operate without a central authority, which enhances data storage, distribution, and processing efficiency [1][2]. Summary by Sections Definition and Structure - A decentralized system consists of autonomous nodes that independently process, store, and make decisions, eliminating a single point of failure [3][5]. - Each node operates under common protocols, ensuring equal rank and independence within the network [6]. Key Components - **Nodes**: Independent devices that engage in data processing and storage, contributing to network stability [6]. - **Consensus Mechanism**: Protocols like Proof of Work or Proof of Stake ensure all nodes agree on the current state of data, maintaining trust without central authority [7]. - **Peer-to-Peer Communication**: Direct communication between nodes enhances efficiency and reduces vulnerabilities [8]. - **Redundancy and Replication**: Data is stored across multiple nodes, ensuring high availability and resilience against failures [9]. Functionality - In a decentralized model, transactions are broadcast to all nodes, which then reach consensus to maintain synchronized ledgers, preventing fraud [10][11]. Benefits - **Enhanced Security**: Data dispersion across nodes makes it harder for hackers to compromise the entire network [12]. - **Increased Transparency**: All nodes maintain copies of the same information, fostering accountability and trust [12]. - **More Resilience**: The network continues to function normally even if some nodes fail, ensuring service continuity [12]. - **Scalability**: New nodes can be added without replacing existing infrastructure, allowing organic growth [12]. - **Autonomy**: Users have more freedom to innovate and manage their resources without a central governing body [12][13]. Decentralized Database - Unlike traditional databases, decentralized databases distribute data across multiple nodes, enhancing availability and integrity while reducing downtime [14][15]. Communication Innovations - Decentralized dmail utilizes a peer-to-peer network for secure communication, eliminating central control and enhancing privacy [16][17]. Real-World Applications - **Finance**: DeFi platforms enable direct transactions, reducing costs and increasing accessibility [18]. - **Supply Chain**: Blockchain tracking systems improve transparency and accountability in supply chains [18]. - **Healthcare**: Decentralized technology secures patient records, ensuring confidentiality and better care coordination [18]. - **Energy**: Smart grids utilize decentralized networks to optimize energy distribution and sustainability [18].

Core Insights - SWIFT and over 30 global banks are collaborating to make cross-border payments instantaneous and to develop a blockchain-based shared digital ledger for modernizing international bank transactions [1][2][5] Group 1: Project Overview - The initiative aims to enable real-time 24/7 cross-border payments, which are expected to reduce costs and processing times that currently take days [2] - The project will focus on interoperability with emerging systems for stablecoins, tokenized bank deposits, and central bank digital currencies (CBDCs) [2][4] Group 2: Market Context - SWIFT's existing network connects over 11,000 banks across more than 200 countries, facilitating trillions of dollars in transactions daily [3] - A report by Citi projects that stablecoins could reach up to $4 trillion in circulation by 2030, with an estimated $100 trillion in annual trade using them [4] Group 3: Technological Features - The shared digital ledger is designed to securely log transactions in real-time, record, sequence, validate transactions, and enforce rules through smart contracts [5] - Major financial institutions involved in the project include JPMorgan, HSBC, Deutsche Bank, MUFG, BNP Paribas, Santander, and OCBC, along with banks from the Middle East and Africa [5]

swift's $3b pilot migrating 11,000 banks onto linea starts q4 2025. they process $5 trillion daily and picked consensys's l2 over every other blockchain. linea trades at $1.65b fdv because crypto thinks this is another l2 launch not the infrastructure backbone for global banking. ...

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Plume 正式加入了 Mastercard 的 Start Path 计划是全球仅有的 五家公司之一接入 Mastercard 的全球网络支持将 RWA 打造得如同传统支付一样顺畅传统金融巨头投资 RWA，是构建合规区块链、连接传统金融与 DeFi 的重要里程碑。Plume - RWAfi Chain (@plumenetwork):Plume has joined @Mastercard Start Path 💳We're proud to be one of five startups selected, shaping the future of digital assets.Leading RWA adoption with onchain infrastructure for institutions such as @BlackRock, @blackstone, @apolloglobal, and @InvescoUS https://t.co/1F3fW2mEZO ...

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