Banks to Revolutionize Transactions with SWIFT Tokenization by 2025

This, therefore, marks a revolutionary move for large banks to start using the SWIFT network for tokenized transactions from 2025. The move has been announced amid plans by financial institutions to enhance efficiency and security in the management of digital assets. With tokenization-a way of digitally representing an asset by some form of 'token'-banks will be making their transaction processes speedier and more secure.

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The Crypto World Lands in Singapore for Token2049

Singapore, the vibrant city-state, has gained worldwide attention as the main location of the cryptocurrency world where the Token2049 event is held. It is an annual gathering event that is a significant milestone on the global blockchain calendar and it attracts enthusiasts, investors, and innovators from a lot of countries and regions. Along with the latest technological developments, it acts as a crucial networking platform for the cryptocurrency community.

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