The ledger MVP is being built on open-source foundations, using an Ethereum Virtual Machine (EVM)-compatible architecture based on Hyperledger Besu. It is designed to integrate with the broader digital asset ecosystem, forming a new layer within Swift’s infrastructure stack that combines the capabilities of distributed ledger technology with Swift’s global reach, security and standards. It lays the foundation for interoperability and scalability as the digital money landscape evolves.
Swift will operate the ledger, providing orchestration of transaction workflows, validation of funding commitments and coordination of interbank processes. Banks will operate their own environments and retain full authority over keys, assets, funding and settlement through RTGS systems, correspondent banking relationships or other agreed mechanisms between participants.
https://www.swift.com/news-events/news/swifts-blockchain-based-shared-ledger-progresses-mvp-implementation
Posted by JustStopppingBye
2 Comments
>providing orchestration of transaction workflows
[Chainlinks CRE is the orchestration layer](https://imgur.com/Y0EWHZh) thats built directly into their chain.
[https://www.coindesk.com/web3/2025/11/04/chainlink-introduces-cre-to-fast-track-institutional-tokenization](https://www.coindesk.com/web3/2025/11/04/chainlink-introduces-cre-to-fast-track-institutional-tokenization)
This sounds like the usual buzzword circus. This is from another shitcoin:
___ is collaborating with ___ to tokenize securities on the blockchain. This initiative aims to enable on-chain workflows for Companies while maintaining traditional custody. The project, targeting an MVP, seeks to streamline collateral movement and settlement processes. The network offers privacy-focused blockchain infrastructure tailored for regulated financial markets, while chairing its governance.