Chainlink

<ul><li>Chainlink recently completed a test involving the cross-chain transfer of tokenized assets using CCIP.</li><li>The test saw participation from banking network SWIFT and other banks like CitiBank, BNY Mellon, etc.</li><li>The test was part of SWIFT’s ongoing efforts to maintain strong and secure interoperability.</li></ul>Ethereum based decentralized oracle network Chainlink recently completed a test involving the cross-chain transfer of tokenized assets using the Chainlink Cross-Chain Interoperability Protocol (CCIP). The test saw participation from the Society for Worldwide Interbank Financial Telecommunications (SWIFT), as well as banking giants and market infrastructure providers.Chainlink took to X (formerly Twitter) earlier today to share the results of the test:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/8259a356a16443f3a0b8dae082a38e9b.png" />Chainlink, along with SWIFT, was able to demonstrate a secure and scalable way to transfer tokenized assets cross-chain using CCIP. The test also involved major financial institutions including Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear, Lloyds Banking Group, SIX Digital Exchange (SDX).As part of the test, Chainlink connected SWIFT’s existing infrastructure to multiple blockchains through the CCIP, allowing the transfer of tokenized assets between public and private blockchains. The collaboration demonstrated significant progress towards enabling interoperability between traditional financial systems and emerging blockchain networks.SWIFT <a href="https://www.swift.com/news-events/press-releases/swift-unlocks-potential-tokenisation-successful-blockchain-experiments" rel="noopener noreferrer nofollow">concluded</a> that it could provide a single point of access to multiple networks using its existing infrastructure, thereby reducing the operational challenges and funding associated with the development of tokenized assets. The test was part of SWIFT’s broader strategy to ensure secure, global interoperability as new technologies and platforms emerge.Read full article at <a href="https://cryptotale.org/chainlink-completes-cross-chain-tokenized-tests-with-swift/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Chainlink Completes Cross-Chain Tokenized Tests With SWIFT

CryptoTale

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