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Major US Banks to Launch Shared Tokenized Deposit Network by 2027
A consortium of the United States' largest financial institutions is preparing to revolutionize interbank settlements by integrating blockchain technology into the traditional banking infrastructure. According to recent…
HSBC Completes Tokenized Deposit Pilot on Canton Network Blockchain
The multinational banking giant HSBC has successfully concluded a pilot project for its Tokenised Deposit Service (TDS) on the Canton Network. This initiative, spearheaded by HSBC’s Global Payments Solutions, marks a si…
Swift Advances Shared Ledger MVP for Bank Tokenized Deposits
The global financial messaging provider Swift has successfully completed the design phase of its blockchain-based shared ledger project. This initiative, conducted in collaboration with several prominent international b…