Swift Launches Global Infrastructure Initiative. Taking Real World Asset (RWA) Transactions and Trading to the Next Level.
Swift to Conquer a Market Estimated to Be Worth $30 Trillion by 2034
“We are pioneering real-world solutions that will allow our members to access and trade regulated digital assets and currencies on the Swift network,” Swift said in an official statement.
Breaking news, reported by the giant Society for Worldwide Interbank Financial Telecommunication, a backbone of global payment systems.
The infrastructure at work for the development of CBDCs focuses on the RWA market: “the size of the real-world tokenized asset market will grow to $30 trillion by 2034.” Standard Character said in a statement released on June 27.
The challenge for global interoperability
“As we enter the next phase of our strategy, we will continue to expand our ability to interoperate with new systems, technologies, assets and currencies.”
The success of the experiments has shown how Swift’s system can ensure ease of use and security in the transfer of tokenized assets.
The confirmation comes from previous tests carried out for the creation and transfer of the first CDBCs, in collaboration with the main European, Asian and North American central banks.
With the aim of always aiming higher
“Stiamo aprendo la strada a soluzioni del mondo reale in grado di collegare varie forme di risorse e valute digitali – compresi i piani per testare come abilitare il Delivery-versus-Payment (DvP) multi-ledger e transazioni Payment-versus-Payment (PvP) sulla piattaforma globale sicura di Swift. In futuro, ciò potrebbe consentire agli acquirenti di titoli di pagare e scambiare simultaneamente attività tokenizzate in tempo reale sulla nostra rete”.
Questo processo verrà avviato utilizzando le principali valute a corso legale esistenti, con l’obiettivo di introdurre le CBDC e gli RWA tokenizzati.
"Yet another confirmation by financial institutions of their intention to integrate this sector into the great economic machine."