Oracle Connects Banking Infrastructure to Swift Shared Ledger for Tokenized Deposits

Oracle is integrating its banking and blockchain infrastructure with Swift’s shared ledger to support cross-bank payment flows involving tokenized deposits. The integration is designed to allow banks to connect their own tokenized-deposit systems while retaining control of the underlying assets.

Linking Tokenized Deposits to Cross-Bank Payments

Through the integration, financial institutions will be able to connect proprietary tokenized-deposit platforms to payment flows between banks. Tokenized deposits are digital representations of funds held in commercial bank accounts, issued and managed by regulated financial institutions.

The approach is intended to support interoperability between participating banks without requiring them to transfer control of the underlying deposit systems or assets to a shared platform.

Integration With Existing Payment Standards

Oracle Banking Payments will connect these digital-asset payment flows with existing ISO 20022 processing. ISO 20022 is a global messaging standard used by financial institutions to exchange structured payment and transaction information.

By linking tokenized-deposit activity with established payment infrastructure, the integration could help banks incorporate blockchain-based settlement processes into their existing operational and messaging environments.

Role of Swift’s Shared Ledger

Swift’s shared ledger is being developed to support coordinated transaction processing across financial institutions. Oracle’s integration adds banking and blockchain infrastructure intended to help institutions participate in shared-ledger payment flows while maintaining their own tokenized-deposit systems.