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SWIFT, Banks, and Consensys Unveil Collaborative Blockchain Ledger for International Transactions: A Revolutionary Step in Global Payment Systems – US Finance Times

SWIFT, Banks, and Consensys Unveil Collaborative Blockchain Ledger for International Transactions: A Revolutionary Step in Global Payment Systems

On Monday, SWIFT announced a collaboration with over 30 international financial organizations and the Ethereum blockchain software firm Consensys. Together, they aim to create a unified ledger utilizing blockchain technology. The primary goal of this initiative is to enhance real-time cross-border transactions available around the clock.