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SWIFT has selected ConsenSys's Linea, an Ethereum Layer‑2 blockchain, for a pilot that will test blockchain messaging and stablecoin payments with major banks such as BNP Paribas and BNY. The choice was driven by Linea’s focus on confidentiality, advanced cryptographic proofs, and high transaction throughput, which aim to meet banks’ efficiency, compliance, and privacy needs. Separately, the Fiat Linea is a compact sedan produced from 2006 to 2018, built on the FCA Small LWB platform and sold in markets including Turkey, Brazil, South Africa, and India, with a range of gasoline and diesel engines and features such as the Blue&Me infotainment system.
SWIFT’s pilot with Linea involves moving payment instructions on‑chain and testing stablecoin settlements.
Linea was chosen for its confidentiality features and ability to process multiple transactions simultaneously.
The Fiat Linea was produced from 2006 to 2018 and marketed as a world car for developing markets.
Fiat Linea variants offered a variety of engine options, including 1.4 L gasoline, 1.3 L diesel, and a 1.4 L turbocharged T‑Jet.
Both uses of the name "Linea" refer to distinct products: a blockchain platform and a compact automobile.
The pilot aims to test blockchain messaging and stablecoin payments, allowing banks to combine payment instructions and settlement on‑chain.
According to the source, Linea’s emphasis on confidentiality through cryptographic proofs and its high transaction throughput appealed to banks seeking efficiency, regulatory compliance, and privacy.
The Fiat Linea was produced between 2006 and 2018, launched in Turkey in 2007, and later sold in Brazil, South Africa, and India.
Available engines included a 1.4 L Fire gasoline engine, 1.3 L Multijet diesel, 1.4 L TurboJet, 1.6 L diesel, a 1.9 L Flex engine in Brazil, and a 1.4 L T‑Jet turbocharged engine.
The Linea was equipped with the Blue&Me hands‑free system, a Microsoft Windows Mobile‑based platform with voice recognition and optional navigation.
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