IBM Adapter Lets Banks Join Swift Blockchain Using Existing Payment Messages

IBM launched a beta ISO 20022 Messaging Adapter for its Digital Asset Haven platform, letting banks instruct tokenized deposit transactions on Swift's permissioned blockchain using existing payment message formats. It also released an on-premises deployment for IBM Z and LinuxONE hardware.

• Adapter translates ISO 20022 messages into smart contract calls on Hyperledger Besu
• On-premises Digital Asset Haven runs on IBM Z and LinuxONE without public cloud
• Keys secured by IBM Crypto Express HSMs certified to FIPS 140-2 Level 4
• 17 banks pilot tokenized deposits; Standard Chartered and HSBC completed first live transaction