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Oracle Connects Bank Payment Systems To Swift’s Blockchain Ledger

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Oracle Connects Bank Payment Systems To Swift’s Blockchain Ledger

Oracle is integrating its banking and blockchain infrastructure with Swift’s shared ledger for tokenized deposits. Banks can connect their own tokenized-deposit systems to cross-bank payment flows while retaining control of the underlying assets. Oracle Banking Payments will link those digital-asset flows with existing ISO 20022 processing.

Key Takeaways

  1. Oracle is integrating its banking and blockchain infrastructure with Swift’s shared ledger for tokenized deposits.
  2. Banks can connect their own tokenized-deposit systems to cross-bank payment flows while retaining control of the underlying assets.
  3. Oracle Banking Payments will link those digital-asset flows with existing ISO 20022 processing.
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Summary generated by IndiCrypto from NewsBTC. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.