Demex Daily #268: Chainlink and Swift Launch Blockchain Payment Solution for Financial Institutions
What’s Interesting Today:
Chainlink, in collaboration with Swift, is launching a new blockchain payment solution for financial institutions that simplifies digital asset settlement while utilizing existing infrastructure. This integration allows institutions to use Swift messages to interact with blockchain technology, enabling pre-settlement and transaction confirmation. Chainlink co-founder Sergey Nazarov emphasized that the solution is in pre-production and will enhance institutional systems with minimal adjustments. Additionally, the new Blockchain Privacy Manager (BPM) aims to address privacy concerns by allowing financial institutions to manage data selectively on blockchain platforms. This feature will facilitate sensitive transactions, including private tokenized asset trading and cross-border payments.
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MANTRA has officially launched its Mainnet, designed to integrate real-world assets (RWAs) with blockchain technology and establish itself as the preferred ledger for tokenized RWAs. This Layer 1 blockchain offers tools for users to bridge $OM tokens from ERC-20, stake $OM for rewards, and earn KARMA through missions, all while ensuring compliance and security. CEO John Patrick Mullin expressed optimism about the potential of RWAs, emphasizing recent collaborations with major entities and the Mainnet's role in advancing the RWA economy.
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