IBM integrated its Digital Asset Haven platform with the blockchain ledger of Swift to enable 24/7 settlement for such transactions. This connection allows financial institutions to transfer funds from their own servers using Swift's blockchain infrastructure without relying on traditional banking hours.
Tuesday, October 20, 2026
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UK Banks Complete World First Interbank Tokenized Deposit Transfers
Tech26 days ago
A group of major British lenders, including HSBC and Barclays, demonstrated the ability to settle debts using blockchain-based tokenized deposits in the world's first interbank transactions of their kind. Lloyds, NatWest, and Barclays executed 2 remortgage transfers, while 3 banks, including HSBC, tested a person-to-person payment.
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