IBM says Digital Asset Haven connected to Swift shared ledger for tokenized deposit testing
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AT A GLANCE
IBM says Digital Asset Haven has connected to Swift's blockchain-based shared ledger and supports initiating tokenized deposit transactions.
Article
IBM connects Digital Asset Haven to Swift blockchain ledger, supporting tokenized deposit transactions
PANews, September 24: According to TheBlock, IBM announced that customers of its digital asset management and security platform, IBM Digital Asset Haven, can now connect to permissioned blockchain networks, including Swift's blockchain-based shared ledger. The newly launched beta version of the ISO 20022 messaging adapter allows institutions to initiate tokenized deposit transactions on the ledger through standard payment messages. IBM said that financial institutions participating in the Swift project have used Digital Asset Haven to complete tokenized deposit tests on the ledger. The ledger supports bank-issued tokenized deposits and is intended to help participating IBM customers achieve 7×24-hour transfers of digital assets, while final settlement is still completed through existing systems. The messaging adapter enables banks to use existing ...
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🔗 https://www.panewslab.com/zh/articles/01a0d2e9-b709-77d2-b92f-2a55519a973e
Key points
01
IBM announced that IBM Digital Asset Haven customers can now connect to permissioned blockchain networks, including Swift's blockchain-based shared ledger.
02
The newly launched beta version of the ISO 20022 messaging adapter allows institutions to initiate tokenized deposit transactions on the ledger through standard payment messages.
03
IBM said that financial institutions participating in the Swift project have used Digital Asset Haven to complete tokenized deposit tests.
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The ledger supports bank-issued tokenized deposits, while final settlement is still completed through existing systems.
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The ledger is intended to help participating IBM customers achieve 7×24-hour transfers of digital assets.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This test allows banks to operate tokenized deposits on a permissioned blockchain ledger through familiar ISO 20022 standard payment messages. The ledger can process digital asset transfers, but the report explicitly states that final settlement is still handled by existing systems.
Why it matters to readers
If relevant institutions continue using the beta version, banks can use existing payment messages to connect to permissioned blockchain networks and test continuous transfers of tokenized deposits.
Beginners can understand this as bank deposits being represented as tokens on a ledger and transferable around the clock; however, this does not mean traditional settlement systems have already been replaced by blockchain.
Risks and unknowns
The evidence is a PANews retelling of a report by TheBlock and does not provide an original announcement from IBM or Swift.
The messaging adapter is still in beta, and its general availability date was not specified.
The names and number of participating financial institutions and the scope of the tests were not specified.
It cannot be confirmed whether real funds, cross-border transactions, or formal commercial deployment were involved.
The original text is truncated at the end, so the messaging adapter's full feature description is not visible.
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Related concepts
Tokenized Deposits
This term is not in the glossary yet. Browse related concepts in the glossary.
