Swift and Chainlink have created a credible proof of concept with the power to scale tokenisation, according to Tom Zschach, chief innovation officer at Swift, and Sergey Nazarov, co-founder of Chainlink.
The results of the new experiments show that financial institutions can build on existing back-end systems — minimising the level of investment needed — to transact across public and private blockchains, and leverage the Swift global messaging network.