SWIFT Is Using CCIP for Blockchain Interoperability PoC





▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io

At SmartCon 2022, Co-founder of Chainlink Sergey Nazarov and SWIFT Strategy Director Jonathan Ehrenfeld Solé announced that SWIFT is using the Cross-Chain Interoperability Protocol (CCIP) in an initial proof of concept.

CCIP will enable SWIFT messages to instruct on-chain token transfers, helping the SWIFT network become interoperable across all blockchain environments.

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

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▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io



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