SWIFT, the messaging backbone connecting over 11,000 financial institutions across more than 200 countries, has confirmed that its blockchain-based shared ledger is progressing into its first MVP iteration. After completing a design phase with a global group of banks, the network is now preparing for real-world transactions later this year. What SWIFT’s Blockchain Ledger Actually Does The shared ledger is not a public blockchain, and it does not use a native cryptocurrency. It is a permissioned infrastructure layer built on Linea, an Ethereum layer-2 network developed by ConsenSys