The Society for Universal Interbank Financial Telecommunication (SWIFT) has revealed that it plans to create a new platform within the next year or two to connect the digital currencies that central banks are issuing to the current financial system.
The move will be one of the most significant to date for the emerging central bank cryptocurrency ecosystem given SWIFT's key role in global banking.
About 90 percent of the world's central banks now consider issuing digital versions of their currencies. Most do not want to lag behind Bitcoin and other cryptocurrencies, but they face technological difficulties.
Source (Al-Arabiya.net Website, Edited)
