Swiss Banks Speed Up Payments with Google Cloud
Update: 2025-11-26
Description
AMINA Bank and Deutsche Börses Crypto Finance Group successfully completed a pilot program using Google Clouds Universal Ledger platform, enabling real-time currency payments between Swiss banks. This test, involving other unnamed banks, demonstrated 24/7 settlement while adhering to Swiss financial rules. The project aims to enhance traditional banking systems using distributed ledger technology, focusing on improving existing infrastructure rather than replacing it. The next phase will involve more financial institutions and consumer-facing applications.
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