IBM taps Swift's 17-bank blockchain, lets banks keep assets in-house

The promise of a decentralized financial revolution is being hijacked by the very institutions it was meant to disrupt. IBM and Swift are enabling 17 global banks to "tokenize" assets while keeping everything on their own private hardware and using legacy payment messages. By settling through current systems instead of a public ledger, they’re just putting a digital mask on the same old centralized power. Is this true innovation, or just a corporate trap for crypto?
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