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🟥 Exclusive @TheBigWhale_
SWIFT chooses Linea for blockchain testing
According to information gathered with @BukovskiBuko3, SWIFT and several major global banks (including BNP Paribas and BNY) have chosen @LineaBuild, the Ethereum layer 2 developed by @Consensys, to experiment with migrating their messaging system on-chain
The project is still in development but already involves more than a dozen financial institutions
"The project will take several months to materialize, but it promises an important technological transformation for the international interbank payments industry," reveals a source within one of the participating banks
Why Linea?
Because the network emphasizes privacy through advanced cryptographic proofs, a feature deemed crucial for banks concerned with balancing innovation and regulatory requirements
Today, SWIFT is a secure messaging service that transmits payment instructions between more than 11,000 financial institutions. But it remains cumbersome, dependent on multiple intermediaries, and centralized
This is where blockchain could be a game-changer
The signal is strong: @swiftcommunity is preparing its future on blockchain

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