Money Trade Coin has initiated its first revolutionary step into virtual currency market with introducing concept of SWIFT code and messaging system into crypto world.
Money Trade coin will be world’s first cryptocurrency which would be adopting personalized SWIFT code & SWIFT messaging system to ensure robust and secure, transactions taking place across the globe through Block Chain technology.
SWIFT codes are allotted by Society of Worldwide Inter-bank Financial Telecommunication and its network is too wide which can be estimated by presently running SWIFT codes approximately 40,000 in the count.
SWIFT technology in transactions is only used for messaging system. As per the industrial requirement it keeps updating new message code to transmit different financial transaction.
SWIFT has maintained its dominant position in the global processing of transactional messages with its innovative ideas and constant technological advancement. Its robust framework of message format allows huge scalability which resulted into greater acceptance by users.
SWIFT code and messaging framework will be integrated into Money Trade Coin from March 2018 onward which will ease the process of a transaction ensuring safety, making Money Trade Coin to be forthcoming future of crypto world.
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