{"id":89337,"date":"2025-09-28T11:34:41","date_gmt":"2025-09-28T08:34:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=89337"},"modified":"2025-09-28T11:35:09","modified_gmt":"2025-09-28T08:35:09","slug":"swift-initiates-blockchain-pilot-on-linea-platform","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/swift-initiates-blockchain-pilot-on-linea-platform\/","title":{"rendered":"SWIFT Initiates Blockchain Pilot on Linea Platform"},"content":{"rendered":"<p>SWIFT has selected the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\">L2<\/a> network Linea from ConsenSys for a pilot project aimed at transitioning interbank messaging and communications to blockchain. This was reported by <a href=\"https:\/\/app.thebigwhale.io\/article-en\/exclusive-swift-launches-on-linea-to-test-its-on-chain-model\">The Big Whale<\/a>.<\/p>\n<p>A source from the publication noted that the selection followed several months of negotiations to ensure the L2 solution could replace SWIFT&#8217;s existing centralized infrastructure.<\/p>\n<p>More than a dozen banks, including BNP Paribas and BNY Mellon, will participate in the experiment. In addition to testing the new messaging system, the partners plan to explore the integration of stablecoins.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe project will take several months before it becomes widely known, but it promises significant technological transformation for the international interbank payments industry,\u201d said a representative from one of the institutions.<\/p>\n<\/blockquote>\n<p>According to The Big Whale, SWIFT is also developing an \u201cinterbank token.\u201d<\/p>\n<p>The publication believes that the consortium&#8217;s interest in blockchain is driven by the technology&#8217;s potential to offer greater speed, transparency, and programmability in payment processing. The choice of Linea is linked to the network&#8217;s focus on transaction privacy.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cAt this stage, it is a research pilot project, but it is already mobilizing a small circle of leading financial institutions that see it as an opportunity to prepare for a potential transformation of the global payment infrastructure,\u201d they emphasized.<\/p>\n<\/blockquote>\n<p>Back in 2024, SWIFT <a href=\"https:\/\/forklog.com\/en\/news\/swift-to-trial-digital-asset-transactions\">announced<\/a> the testing of transactions with digital assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SWIFT has selected the L2 network Linea from ConsenSys for a pilot project to transition interbank messaging and communications to blockchain, as reported by The Big Whale.<\/p>\n","protected":false},"author":1,"featured_media":89338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"SWIFT selects Linea for blockchain pilot in interbank messaging.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1574,116],"class_list":["post-89337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-linea","tag-swift"],"aioseo_notices":[],"amp_enabled":true,"views":"658","promo_type":"1","layout_type":"1","short_excerpt":"SWIFT selects Linea for blockchain pilot in interbank messaging.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=89337"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89337\/revisions"}],"predecessor-version":[{"id":89339,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89337\/revisions\/89339"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/89338"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=89337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=89337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=89337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}