Блокчейн в банковском секторе: SWIFT и Chainlink выводят цифровые активы на новый уровень Translation: Blockchain in the Banking Sector: SWIFT and Chainlink Elevate Digital Assets to a New Level

The financial messaging network SWIFT has announced the launch of a new blockchain-based registry. This achievement is the result of a long-term partnership with Chainlink and two years of research into digital assets.

The newly developed system can handle corporate events within the financial sector. It involves 24 large organizations, including DTCC, Euroclear, UBS, and Wellington Management. The technology employs artificial intelligence to extract data from unstructured documents, while participants in the network verify the accuracy of this information.

Validated data is converted into standardized ISO 20022 messages and transmitted via the SWIFT network. Concurrently, the Chainlink interoperability protocol distributes this same data to both public and private blockchains. Testing has demonstrated nearly 100% accuracy of the information, as well as support for multiple languages, including Spanish and Chinese.

This solution establishes a single reliable source of data concerning corporate events, accessible simultaneously for both smart contracts and traditional systems.

A key feature of this partnership is the ability for banks to utilize existing infrastructure and SWIFT messaging standards to interact with blockchains. This reduces costs and simplifies the transition to working with tokenized assets.

The collaboration between SWIFT and Chainlink began in 2016, with the initial step being a demonstration of a smart contract for bonds that received data via oracles and sent payment messages through SWIFT.

In subsequent years, the partners conducted several successful experiments, including cross-network transfers of tokenized assets and settlements of tokenized fund shares using fiat currency.

It is worth noting that in September, SWIFT integrated the implementation of a blockchain-based distributed ledger.