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Swift Easy

Swift Easy is a dual-ledger-based SWIFT extension designed for enterprise-grade cross-border payments.

Screenshots

Swift Easy screenshot 1
Swift Easy screenshot 2
Swift Easy screenshot 3
Swift Easy screenshot 4

Problem Statement

Swift Easy is a dual-ledger-based SWIFT extension designed for enterprise-grade cross-border payments.It enables individuals and businesses to make instant payouts by using blockchain tokens as guarantees in a pledge model, allowing receiving partners to pay out funds instantly before traditional settlement is completed.Swift Easy offers enhanced speed, reliability, and compliance with global financial regulations, making it a scalable solution ready for integration. Its unique approach reduces settlement times compared to conventional SWIFT systems, ensuring seamless and efficient financial transactions.

Solution

Swift Easy is a dual-ledger-based SWIFT extension designed for enterprise-grade cross-border payments.It enables individuals and businesses to make instant payouts by using blockchain tokens as guarantees in a pledge model, allowing receiving partners to pay out funds instantly before traditional settlement is completed.Swift Easy offers enhanced speed, reliability, and compliance with global financial regulations, making it a scalable solution ready for integration. Its unique approach reduces settlement times compared to conventional SWIFT systems, ensuring seamless and efficient financial transactions.

Hackathon

ETHGlobal Bangkok

2024

Prizes

  • 🏆

    Blockscout Explorer Big Pool Prize

    Blockscout

  • 🏆

    Crypto behind the scenes

    Privy

  • 🏆

    Best use of Axelar ITS for building/integrating cross - chain assets.1st place

    Axelar

Contributors