SWIAT Welcomes Four Strategic Partners to Bolster Blockchain Development September 13, 2023 September 13, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsSeptember 13, 2023 by Kelly Cromley

SWIAT Welcomes Four Strategic Partners to Bolster Blockchain Development

Facilitating Financial Institutions’ Access to SWIAT’s Ecosystem

SWIAT GmbH, a pioneer in blockchain technology, has embarked on a strategic initiative by welcoming four new validators and strategic partners. This collaborative effort is aimed at streamlining financial institutions’ access to SWIAT’s expansive ecosystem.

Introducing the New Collaborators

The new collaborators are renowned specialists in the domains of IT and digital processes. The distinguished list of partners includes IT service providers adesso and GFT Technologies, the forward-thinking think tank Business Solutions, and the esteemed management and technology consultancy Sopra Steria.

In their role as validators, these entities will play a critical role in verifying transactions on SWIAT’s blockchain platform. This strategic move is poised to enhance the security and reliability of SWIAT’s blockchain infrastructure, bolstering its appeal to financial institutions.

Enhancing Reliability and Accessibility

Henning Vollbehr, the CEO of SWIAT, expressed his perspective on the development: “We are committed to further enhancing the reliability and decentralization of the SWIAT platform. Our aim is to facilitate a seamless integration of our software solutions for issuing digital assets into the infrastructure of financial institutions.”

Timo Reinschmidt, the Chief Commercial Officer of SWIAT, echoed these sentiments, saying, “With the support of adesso, GFT, Sopra Steria, and think tank Business Solutions as validators, alongside our recent expansion of the shareholder base, we have achieved significant milestones in a remarkably short period. These developments provide a solid foundation for the continued advancement of SWIAT.”

He also highlighted the common motivation shared by the validators, emphasizing their intent to leverage their expertise in the financial industry and digital innovations to forge a strategic partnership with SWIAT. Furthermore, they aspire to cultivate fresh insights in the realm of DLT-based open financial solutions.

Fostering a Stronger Blockchain Ecosystem

The inclusion of these strategic partners and validators underscores SWIAT’s commitment to nurturing a robust blockchain ecosystem that seamlessly integrates with the operations of financial institutions. Their combined expertise and dedication to innovation promise to accelerate the development and adoption of SWIAT’s blockchain solutions.

As blockchain technology continues to evolve, such collaborations play a pivotal role in bridging the gap between traditional financial systems and the transformative potential of distributed ledger technology. The expertise and contributions of these validators are poised to enhance the security, reliability, and accessibility of SWIAT’s blockchain platform, paving the way for greater adoption and innovation in the financial industry.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.