Oracle Links Tokenized Deposits with Swift's Blockchain Ledger

Oracle has integrated its blockchain platform and Digital Assets Data Nexus with Swift's ledger to enable banks to connect their tokenized deposit systems and incorporate them into traditional payment flows.

The integration aims to allow financial institutions to operate their own tokenized deposit infrastructures while sustaining their conventional payments and digital asset operations from a unified operating model.

Sweet's ledger will coordinate payment activity between banks, allowing institutions to use tokenized deposits hosted on their own ledgers in interbank transactions.