SWIFT completes second test phase of CBDC with smart contract, atomic settlement capability

SWIFT said on March 25 that it discovered several applications for its central bank digital currency (CBDC) solution following a successful six-month test. The company did not create its own CBDC but instead developed an interlinking solution for existing CBDCs — dubbed the SWIFT connector. The company wrote: “At the core of our solution is […] source: https://cryptoslate.com/swift-completes-second-test-phase-of-cbdc-with-smart-contract-atomic-settlement-capability/