Global traditional finance payments system Swift has joined forces with Joe Lubin’s Ethereum development company Consensys to develop a blockchain-based settlement network. According to a Monday official announcement, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) is creating a blockchain in collaboration with over 30 financial institutions, including Banco Santander, Bank of America, BNP Paribas, and HSBC, based on a “conceptual prototype” by Consensys.