SWIFT to implement blockchain technology? How does this pan out for Chainlink, Ethereum & Caged Beasts

For a few years now, DeFi has been gaining unprecedented momentum, reshaping the entire landscape of financing completely. With its foundation built on secure distributed ledgers, this technology has introduced a new paradigm in finance, enabling individuals to engage in transparent, trustless, and efficient transactions, investments, and lending activities.

With that being said, there has been an intriguing development involving SWIFT (The Society for Worldwide Interbank Financial Telecommunication), the renowned global financial messaging service. SWIFT has embarked on a partnership with major banks and aims to incorporate Chainlink (LINK), a leading Web3 infrastructure provider, into its system.