SWIFT Completes Trade, Securities, and Forex Sandbox Experiments, with Taiwan’s Participation in “Connecting Digital Islands”
Global cross-border payment transmission system leader SWIFT has actively embraced blockchain technology in recent years, enabling seamless integration of Central Bank Digital Currencies (CBDCs) across different platforms and connecting digital islands. SWIFT has announced successful completion of the second stage sandbox testing for its interconnectivity solution for Central Bank Digital Currencies (CBDCs), in collaboration with 38 global institutions, including the Central Bank of Taiwan and banking industry players.
