SWIFT and Chainlink Partnership: Bridging the Gap Between Traditional Banking and Cryptocurrencies June 25, 2023 June 25, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsJune 25, 2023 by Kelly Cromley

SWIFT and Chainlink Partnership: Bridging the Gap Between Traditional Banking and Cryptocurrencies

The partnership between SWIFT and Chainlink is widely regarded as a significant stride in closing the gap between conventional financial systems and digital currencies. The purported global impact of SWIFT in financial transactions, when coupled with Chainlink’s proficiency in secure and decentralized oracle networks, facilitates inter-blockchain communication. The collaboration is expected to have significant implications for traditional banking structures and digital currencies, including Caged Beasts ($BEASTS), Chainlink ($LINK), and Monero ($XMR). Let us delve into the particulars and evaluate the potential influence of this collaboration on the cryptocurrency industry.

The collaboration between SWIFT and Chainlink bolsters the latter’s standing as a leading web3 infrastructure provider, positioning it as a favored choice for major financial organizations. The heightened acknowledgement and acceptance of Chainlink may potentially lead to an upsurge in its valuation within the cryptocurrency market. Chainlink’s growth in the near future is being closely monitored and predicted by analysts and experts.

The collaboration between SWIFT and Chainlink presents compelling prospects for Caged Beasts, which holds significant promise. The ongoing integration of blockchain technology has led to the emergence of various innovative and secure use cases, which have a direct positive impact on initiatives like Caged Beasts. This collaboration not only enhances the visibility of Caged Beasts but also boosts brand awareness, thereby improving its future prospects. The official website of the project invites interested individuals to register their email address and explore the presale prospects.

The initiative stands out due to its inventive referral system that is specifically crafted to produce residual earnings for its members. The users are provided with the opportunity to create their own referral codes, which enables them to receive a 20% commission on the invested amount in ETH, BNB, or USDT, whenever their code is utilized for making a purchase. Furthermore, the investor utilizing the referral code is entitled to an extra 20% worth of $BEAST tokens in addition to their initial investment. This creates a mutually beneficial situation for all parties involved.

Seventy-five percent of the raised funds have been secured until the release date as a demonstration of their commitment. This showcases their dedication to the task and fosters transparency. The primary aim of the project is to transform the cryptocurrency sector by creating a decentralized ecosystem that questions the current industry norms. To ensure continued expansion and a strong market position, a quarter of the total budget has been designated for marketing purposes. These measures will broaden the reach of the brand and facilitate its ongoing growth.

The partnership between SWIFT and Chainlink primarily emphasizes the integration of blockchain technology in the banking sector, with a specific focus on Monero. The utilization of blockchain technology in the financial sector may lead to a surge in the need for privacy and security upgrades. The Monero cryptocurrency is considered a compelling choice for individuals who value privacy in their monetary dealings, thanks to its strong anonymity capabilities and decentralized structure. It is imperative for investors and enthusiasts to keep a close eye on Monero’s response to the changing market demands as the crypto landscape continues to evolve.

The collaboration between SWIFT and Chainlink holds significant implications for various cryptocurrencies, including Caged Beasts ($BEAST), Chainlink ($LINK), and Monero ($XMR). The integration of blockchain technology within the banking industry presents novel prospects for pioneering initiatives and enhances the legitimacy and reliability of digital currencies. To remain up-to-date, kindly provide your email address and explore the pre-sale alternatives on Caged Beasts’ official website if you are a crypto investor or enthusiast seeking investments with practical applications. The potential benefits for the cryptocurrency industry are significant as a result of the innovative collaboration between SWIFT and Chainlink.

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.