FROM IDEA TO IMPACT
Swift Hackathon 2024 Winner - Secretarium (Challenge 2)
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The Swift Hackathon 2024 focused on building the future of capital markets, a rapidly evolving space with unique challenges but also opportunities for innovation. This high-paced industry, typified by increasing transaction volume and complexity, demands fast, reliable and efficient post-trade processes.
Teams were tasked with two challenges: For Challenge One, teams were required to develop solutions capable of enhancing the speed and accuracy of post-trade processes; while for Challenge Two, teams were asked to unearth creative solutions that ensure that data remains private in tokenised trades.
Challenge Two Winner: Secretarium
Ensuring data privacy in tokenised assets
Data privacy in digital asset trading can be challenging when multiple actors and systems are involved. Leveraging new technologies to ensure security, confidentiality and compliance in the post-trade processing of tokenised assets will be key for the future of capital markets.
Secretarium (https://secretarium.com/), a London-based company focused on privacy and trust, has been following Swift initiatives on digital assets for some time, particularly around the safe transfer of value from one digital asset to another.
With many accolades under their belt, such as winning the Global Central Bank Digital Currency Challenge run by the Monetary Authority of Singapore in 2021, entering the Hackathon was a natural step for the team.
Relevant links
- Learn more about the Swift Hackathon 2024, hosted on APIX with the Swift.
- Discover the APIX hackathon management suite and learn how to launch and manage a global hackathon seamlessly on one platform.
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