Oracle Integrates Blockchain Tech with Swift Ledger for Tokenized Deposit Systems

Oracle has integrated its financial services technology with Swift's blockchain ledger to enable banks to connect their tokenized deposit systems across institutions.

The integration will allow financial institutions to use their own tokenized deposit infrastructure while supporting traditional and digital-asset payments through a unified operating model.

Sweet's ledger will coordinate cross-bank payment activity, enabling participating institutions to use tokenized deposits maintained on their own bank-centric ledgers in interbank transactions.

The Oracle Blockchain Platform and Oracle Digital Assets Data Nexus will provide a pre-integrated foundation for connecting to Swift's ledger.