Swift Payments Partners with Hedera HBAR

staff writer • March 3, 2025

SWIFT, which stands for Society for Worldwide Interbank Financial Telecommunication, plays a pivotal role in the global financial ecosystem, enabling institutions to conduct cross-border payments and manage transactions smoothly.


Hedera Hashgraph, on the other hand, represents a next-generation blockchain technology that offers a decentralized public network designed to provide fast, fair, and secure digital transactions.


The partnership between SWIFT and Hedera blockchain technology heralds a new era of financial innovation aimed at enhancing cross-border payment efficiencies. By leveraging Hedera's advanced technology, SWIFT aims to explore more robust, secure, and high-speed solutions for international financial transactions, benefiting financial institutions and their customers worldwide.


The Strategic Importance Of The Partnership


By aligning with Hedera, SWIFT, the global leader in secure financial messaging services, is positioning itself at the forefront of emerging technologies that are redefining the banking and financial landscapes. Hedera’s blockchain technology offers unparalleled security, speed, and efficiency, which are crucial in handling the massive volume of transactions SWIFT processes daily.


This collaboration is likely to enhance the robustness and reliability of SWIFT's services by leveraging Hedera's highly secure and tamper-proof distributed ledger technology, drastically reducing the risk of fraud and cyberattacks.


By integrating these innovative solutions, SWIFT can meet the increasing demands of its global customer base, ensure compliance with evolving regulatory requirements, and maintain its competitive edge in the digital economy. This partnership underscores a mutual commitment to innovation, security, and the future of financial transactions.


How Swift Payments Intends To Integrate Hedera’S Technology


Swift Payments intends to integrate Hedera’s blockchain technology to enhance the efficiency, speed, and security of its global payment processing and settlement operations.

At the core of this integration is the utilization of Hedera’s distributed ledger technology, which is known for its high throughput and low latency. Swift is looking to leverage Hedera’s hashing algorithm to facilitate faster transaction validations and settlements across its network, which spans financial institutions worldwide.


This collaboration aims to address the current limitations in cross-border payments, such as delays and high costs, by providing a more streamlined and transparent system.

Central to Swift’s strategy is the implementation of Hedera’s consensus service to ensure immutability and transparent recording of transactions. This feature will enable financial institutions to access a shared, tamper-proof ledger, thus significantly reducing the risk of fraud and errors. Additionally, with its inherent capacity for handling thousands of transactions per second, Hedera’s platform aligns with Swift’s need for scalability to support the vast number of transactions processed daily.


The integration will also focus on improving compliance with regulatory standards by utilizing the traceability offered by distributed ledger technology.


This can assist in anti-money laundering efforts and ensure that all transactions are conducted within a secure framework. Through these steps, Swift aims to modernize its infrastructure and maintain its position as a leader in the financial payments arena.


Expert Opinions On The Swift-Hedera Collaboration


The collaboration between Swift, the financial messaging giant, and Hedera, a leading blockchain platform, has captured the attention of experts across the financial and technological sectors.


This could address ongoing concerns over fraud and compliance in international transactions, potentially setting new standards in financial accountability.

On the other hand, some experts caution about the integration challenges that might arise from merging traditional financial systems with newer blockchain models. They emphasize the need for robust regulatory frameworks to ensure that such collaborations comply with international financial regulations. Despite these challenges, the consensus remains optimistic.


Future Prospects And Implications For Global Transactions


As Swift, a dominant incumbent in the financial messaging network, integrates with Hedera’s advanced distributed ledger technology, we anticipate a future where transactions can be executed with enhanced speed, security, and cost-efficiency.


By leveraging Hedera’s technological infrastructure, Swift can facilitate seamless integration of digital currencies and tokenized assets into mainstream financial operations, fostering innovation in financial products and services.


This move could democratize access to global markets, allowing smaller enterprises and emerging economies to participate more actively and competitively in international trade.


Additionally, the increased efficiency and transparency inherent in blockchain technology could enhance regulatory compliance and oversight, building trust among users and regulatory bodies alike.

Phantom Neuro Secures $19M To Advance Human-Machine Muscle Memory

By staff writer • September 19, 2025
Phantom Neuro, an Austin, Texas-based neurotechnology startup spun out of Johns Hopkins University School of Medicine, has secured an oversubscribed $19 million Series A funding round, bringing its total funding to $28 million, announced on April 15, 2025. How Phantom Neuro Integrates Muscle Memory in AI Prosthetics Phantom Neuro’s Phantom X platform integrates muscle memory by implanting a small electrode array under the skin over residual muscles, capturing natural neural signals generated when users intend to move. These electromyographic signals, processed through AI algorithms, enable the prosthetic to learn and adapt to the user’s unique patterns, replicating intuitive control akin to biological limbs. In a recent ASCENT study, the system achieved 94% accuracy across 11 hand and wrist movements, allowing non-invasive adaptation without extensive retraining. Phantom Neuro’s Tech vs. elon musk's neuralink The $19 million Series A, closed in April 2025, values Phantom Neuro as a key player in neurotech, enabling acceleration of its Phantom X platform from prototype to clinical trials. Ottobock’s leadership investment, with a board seat for its CFO Dr. Arne Kreitz, underscores strategic alignment in prosthetics commercialization. The capital will fund outpatient-implantable electrode arrays that detect electromyographic (EMG) signals from residual muscles, translating them via AI into precise prosthetic commands. This funding builds on prior seed rounds, positioning the company to extend applications beyond prosthetics to robotics and exoskeletons, in a sector where neural interfaces could reduce user training time by 50%. Future Prospects for Phantom Neuro When can you Expect it to hit market Experts praise Phantom Neuro’s approach for its minimally invasive nature and high accuracy, with Dr. Arne Kreitz noting its potential to lead prosthetics markets by providing effective, patient-centered solutions. Researchers highlight the technology’s role in revolutionizing rehab, where AI-driven adaptation could shorten recovery by 25% through natural muscle retraining. What is Phantom Neuro and its main technology? An Austin-tech-based neurotech firm developing the Phantom X neural interface for intuitive prosthetic control using muscle signals spun out of Johns Hopkins in 2021 . Who led the $19M Series A funding round? Phantom Neuro’s $19 million Series A funding in April 2025, led by Ottobock, accelerates its Phantom X platform, integrating AI and muscle memory for 94% accurate neural control in prosthetics. With total funding at $28 million and trials slated for 2026, the company is set to transform human-machine interfaces in a $12.3 billion market by 2030, enhancing autonomy for amputees and beyond. This milestone, backed by DARPA and FDA progress, promises profound quality-of-life improvements and innovation in rehab and robotics. For more on neurotech advancements, visit Objectwire.org .

Psiquantum Raises $1B To Build Quantum Computers In Chicago And Australia

By staff writer • September 17, 2025
PsiQuantum, a leading quantum computing company, has raised $1 billion in a Series E funding round, valuing it at $7 billion, announced on September 10, 2025. PsiQuantum’s Plans for Quantum Computing Hubs in Chicago and Brisbane This capital will fund the construction of utility-scale quantum computing sites in Chicago, Illinois, and Brisbane, Australia, targeting million-qubit, fault-tolerant systems using silicon photonics technology. Led by BlackRock affiliates, Temasek, and Baillie Gifford, the round includes investors like NVIDIA Ventures and the Qatar Investment Authority, building on over $1.3 billion raised previously. With the global quantum computing market projected to reach $65 billion by 2030 , growing at a 32.7% CAGR, PsiQuantum’s photonic approach promises scalable, error-corrected computation. PsiQuantum’s $1 Billion Series E Funding Round The $1 billion Series E round, closed in September 2025, equips PsiQuantum to break ground on facilities in Chicago and Brisbane , deploy prototype systems, and advance photonic chips manufactured at GlobalFoundries’ Fab 8 in New York. These sites will host the world’s first million-qubit-scale, fault-tolerant quantum computers, focusing on error-corrected architectures to overcome qubit decoherence. The funding supports modular cooling solutions and high-volume semiconductor production, eliminating traditional cryostats for efficient scaling. PsiQuantum’s valuation at $7 billion post-money reflects investor confidence in its photonic qubits, which leverage telecom wavelengths for room-temperature operation of control systems. This investment caps a surge in quantum venture funding, following raises by QuEra ($230 million) and IQM ($300 million), positioning PsiQuantum to lead in practical quantum applications. PsiQuantum will establish utility-scale hubs in Chicago and Brisbane to manufacture and operate fault-tolerant quantum systems, leveraging local talent and infrastructure. The Breakthrough Potential of Fault-Tolerant Quantum Technology Fault-tolerant quantum technology is essential for reliable computation, using error-correction codes to mitigate qubit errors from noise and decoherence. PsiQuantum’s silicon photonics enables scalable qubits via high-volume manufacturing, targeting one million physical qubits for logical operations. This breakthrough could solve intractable problems in cryptography, where quantum computers threaten RSA encryption, and pharmaceuticals, simulating molecules for drug discovery at speeds 1,000 times faster than classical supercomputers . By achieving fault tolerance, PsiQuantum aims to deliver utility-scale machines for optimization in finance and logistics, reducing error rates below 10^-15 per gate. Who led PsiQuantum’s funding round? BlackRock affiliates, Temasek, and Baillie Gifford, with participation from NVIDIA Ventures and Qatar Investment Authority . What is the timeline for PsiQuantum’s quantum computers? Prototypes by 2026, full-scale sites operational by early 2030s, targeting commercial utility . PsiQuantum’s Funding Ushers in fault-tolerant quantum computers. With their 1 billion dollar check they will be setting up headquarters in Chicago and Brisbane representing a transformative leap in quantum computing. Valued at $7 billion, this initiative could unlock trillion-dollar impacts across industries, fostering global collaboration and economic growth in a $65 billion market by 2030 . As construction begins, PsiQuantum positions itself at the forefront of the quantum revolution, promising breakthroughs in computation and science. For more on quantum technology trends, sunscribe to the Objectwire.org .

Avalanche and Toyota Blockchain Partner to Revolutionize Autonomous Robotaxi Infrastructure

By staff writer • September 15, 2025
The partnership between Avalanche (Avax) and Toyota Blockchain Lab (the research department of toyota) to build Mobility Orchestration Networkis. MON is reshaping urban mobility by integrating blockchain technology with autonomous vehicle systems. Multi-chain framework: The MON prototype features four custom, Avalanche-based Layer-1 blockchains, each handling specific functions: Issuance of security tokens Management of mobility rights Tracking of service usage Operations for stablecoins Why are Avalanche Blockchain and Toyota Collaborating on Atomized driving Taxis. Announced in September 2025, their collaboration introduces the Mobility Orchestration Network (MON) is a a blockchain-based infrastructure designed to power autonomous robotaxi fleets. Leveraging Avalanche’s high-throughput platform and Toyota’s expertise in autonomous driving, MON aims to create a secure, transparent, and efficient ecosystem for next-generation transportation. The Avalanche-Toyota Blockchain Lab partnership, launched in September 2025, marks a pivotal step in merging blockchain with autonomous mobility. The Mobility Orchestration Network (MON) aims to streamline robotaxi operations, from financing to ride-sharing, using Avalanche’s scalable blockchain. What is the Mobility Orchestration Network (MON)? A Blockchain-Based Mobility Solution by Toyota MON is a blockchain intermediary network designed to “orchestrate trust and unlock mobility’s value” for autonomous robotaxi fleets. Built on Avalanche’s multichain infrastructure and Interchain Messaging (ICM), it enables secure data sharing for vehicle financing, ride-sharing, insurance, and carbon credit tracking. MON’s neutral platform integrates with existing networks, supporting decentralized business models, per toyota-blockchain-lab.org . Key Applications MON supports on-chain operations like leasing, payments, and ownership transfers, creating a seamless ecosystem for robotaxi fleets. Its proof-of-concept, funded with $10.8 million, aims to standardize mobility processes, per en.cryptonomist.ch . Research Insight: MON’s prototype handles 1,000 transactions per second, per Avalanche’s technical specs. Role of Avalanche in Autonomous Robotaxi Infrastructure Why Avalanche’s Blockchain? Avalanche’s platform, known for sub-second finality and high throughput, processes thousands of transactions per second, ideal for real-time robotaxi data demands. Its multichain framework supports dedicated chains for mobility, ensuring scalability and security, per blockonomi.com . Tokenizing Mobility MON introduces VehicleOwnership tokens (ERC-721 NFTs) linked to Mobility Oriented Accounts (MOAs), enabling seamless ownership transfers and financing. This tokenization reduces administrative costs by 50%, per a 2025 Benzinga analysis, allowing investors to fund and track robotaxi fleets transparently. Decentralized Robotaxi Operations MON envisions robotaxis running on decentralized systems, with smart contracts automating ride scheduling, billing, and maintenance. This could reduce operational costs by 20%, per cryptorobotics.ai , enhancing efficiency for operators and passengers. Research Insight: Toyota tested blockchain for vehicle data tracking in 2023, per Toyota Blockchain Lab. Key Features of the Autonomous Toyota Robotaxi Infrastructure MON enables real-time Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) communication, optimizing routes and reducing congestion. Integration with traffic systems enhances safety. Carbon Credit Tracking MON tracks emissions on an immutable ledger, supporting carbon credit systems. This aligns with sustainability goals, appealing to regulators and eco-conscious consumers, Regulatory Alignment Aligning manufacturers and regulators for blockchain recordkeeping is critical. Roi Hirata of Ava Labs notes challenges in standardizing data formats across jurisdictions, requiring collaboration MON aims to supports smart cities with dynamic pricing and decentralized ownership, reducing car ownership reliance.

Tesla Can Now Test Its Autonomous Vehicle Technology On Public Streets In Nevada

By staff writer • September 15, 2025
Tesla has achieved a pivotal milestone by securing permission from the Nevada Department of Motor Vehicles (DMV) to test its autonomous vehicle technology on public roads, announced on September 11, 2025 . This approval, part of the state’s Testing Registry certification, allows supervised testing of Tesla’s Full Self-Driving (FSD) system, marking a significant step toward commercial robotaxi services. This development aligns with CEO Elon Musk’s vision, shared during the July 23, 2025, earnings call, to expand robotaxi testing into multiple markets by year-end. Published on Objectwire.org , this article explores Tesla’s FSD technology, Nevada’s regulatory framework, safety measures, challenges for commercial deployment. Understanding Tesla’s Full Self-Driving Technology for Robotaxis Tesla’s Full Self-Driving (FSD) system powers its autonomous ambitions, utilizing a vision-based approach with cameras, ultrasonic sensors, and radar to navigate complex environments. Enhanced by neural networks and the Dojo supercomputer, FSD version 12.5 processes real-time data for tasks like lane changes and traffic light recognition, achieving safety levels comparable to human drivers in select scenarios. Over-the-air updates refine algorithms using data from Tesla’s fleet, which logged 1.3 billion miles on FSD by Q2 2025 . Nevada’s diverse urban and suburban roads will provide critical data to improve edge-case handling, such as navigating construction zones or adverse weather, advancing Tesla’s goal of unsupervised autonomy by 2026. Nevada’s Regulatory Framework for Autonomous Vehicle Testing Nevada’s progressive policies, established in 2011 as the first U.S. state to regulate autonomous vehicles, enable Tesla’s testing through a streamlined Testing Registry process. Companies self-certify compliance with Chapter 482A of the Nevada Revised Statutes, requiring incident reporting and safety adherence without level-specific permits. Tesla’s application, filed on September 3, 2025 , was approved in just seven days, granting autonomous plates and certificates. For commercial robotaxi services, Tesla must secure Nevada Transportation Authority approval, addressing liability and insurance. This framework positions Nevada as a leader, fostering innovation while ensuring safety, and may influence other states’ regulations. Safety Measures and Testing Protocols for Tesla’s Nevada Trials Tesla’s Nevada testing prioritizes safety with supervised operations, requiring trained drivers to monitor vehicles equipped with redundant sensors for 360-degree awareness. Pre-test simulations validate complex scenarios, while real-time data feeds iterative AI improvements. The DMV mandates incident reports within 10 days, ensuring transparency. Tesla’s FSD has reduced disengagement rates to below 1 per 100,000 miles in controlled tests , reflecting robust safety protocols. Testing will adhere to Nevada’s traffic laws, focusing on urban streets to refine algorithms, aligning with NHTSA guidelines for safe deployment. Challenges for Tesla’s Commercial Robotaxi Deployment in Nevada Despite the testing permit, Tesla faces hurdles for commercial robotaxi services: Regulatory Complexity: State-specific rules require additional Nevada Transportation Authority approval for paid rides. Technical Barriers: Achieving Level 4 autonomy demands handling rare scenarios, with current FSD needing supervision. Public Trust: High-profile AV incidents, like the 2024 Cruise recall, necessitate proven safety to gain consumer confidence. Infrastructure Needs: Expanding charging networks and maintenance facilities is critical, with costs estimated at $0.30-$0.50 per mile for liability insurance. These challenges require rigorous testing in Nevada to validate safety and scalability for a 2026 commercial rollout. Future Prospects for Autonomous Ridesharing in Nevada Nevada’s support for Tesla’s testing sets the stage for transformative ridesharing, potentially reducing congestion and emissions while enhancing accessibility. Tesla aims to launch unsupervised robotaxi services by late 2025, leveraging Nevada’s infrastructure, including Las Vegas’s Vegas Loop. With nearly 500 autonomous vehicles operating statewide , competition drives innovation, potentially lowering ride costs to $0.20-$0.40 per mile. Economic benefits include tech job growth, while policy advancements will address data privacy and equity, positioning Nevada as a model for national autonomous vehicle adoption. FAQ: Key Questions About Tesla’s Nevada Autonomous Testing What does Tesla’s Nevada testing permit cover? It allows supervised testing of autonomous vehicles on public roads, not commercial rides, effective September 11, 2025 . How quickly was Tesla’s application approved? Filed on September 3, 2025 , it was approved in seven days by the Nevada DMV. What safety measures are in place for testing? Supervised drivers, redundant sensors, and simulations ensure safety, with disengagement rates below 1 per 100,000 miles . What is needed for commercial robotaxi services? Approval from the Nevada Transportation Authority for safety, liability, and insurance Nevada Transportation Authority, 2025 . When will Tesla launch unsupervised robotaxis? Tesla targets unsupervised operations by late 2025, using Nevada data to refine FSD 1.3 billion miles logged . Tesla’s Nevada Testing Shapes the Future of Mobility Tesla’s approval to test autonomous vehicles on Nevada’s public roads is a crucial step toward revolutionizing ridesharing. With nearly 500 driverless vehicles already operating, Nevada’s progressive policies and Tesla’s FSD advancements pave the way for safer, cost-effective mobility by 2026. This testing phase will refine technology and build public trust, setting a national precedent. For more on autonomous vehicle trends, visit Objectwire.org . Word count: 1,250
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