Crypto Report: SWIFT to Pilot Blockchain

The video discusses the potential of blockchain technology as a critical component of financial infrastructure, particularly in relation to the SWIFT system. It highlights the role of major financial institutions in testing blockchain for secure communication and asset movement. The geopolitical implications of countries like Russia and China developing alternatives to SWIFT are also explored. The video concludes with a debate on whether blockchain is the best and safest technology for financial communication.

What are the potential benefits of using blockchain in financial institutions?

What challenges does the fintech community face regarding blockchain technology?