Chainlink co-founder unveils blockchain payments for TradFi

Chainlink and Swift will introduce a new blockchain integration, simplifying digital asset settlement for financial institutions using existing infrastructure.

Decentralized Oracle provider Chainlink will introduce a new blockchain payment solution for financial institutions.

In collaboration with Swift, a global messaging network used by banks and institutions, Chainlink revealed a new integration enabling institutions to use Swift messages to interact with blockchain technology.

The integration will enable digital asset settlement with minimal adjustments to existing infrastructure while establishing a bridge between decentralized finance (DeFi) and traditional finance (TradFi).

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