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Blockchain and SWIFT’s dominance in global finance

May 18, 2022

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Over the past two years, the capital markets’ ecosystem has undergone a period of accelerated digital transformation, largely due to COVID-19. But the technological landscape is ever-changing and often challenges the efficiency of traditional practices.

Having been a commanding participant in the execution of financial transactions and payments between over 11,000 banks and financial institutions in over 200 countries and territories, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) has been a steadfast and secure financial messaging service that executes international transactions among banks.

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