Franklin Templeton and SWIFT Embrace 24/7 On-Chain Banking Future

Franklin Templeton, in collaboration with SWIFT, envisions a future where banking operates around the clock and is inherently integrated with blockchain technology. The emergence of tokenized funds and deposits is on the verge of becoming a standard practice in the industry.

Despite this promising outlook, several hurdles remain. Key challenges, including regulatory frameworks, necessary infrastructure, and vital security measures, continue to pose significant barriers to widespread adoption. Stakeholders in the financial sector must navigate these complexities to fully realize the potential of on-chain banking.