The first thing I tried is to create a static library but later I found out that it's not supported yet. Apple Xcode Beta 4 Release Notes:
Xcode does not support building static libraries that include Swift code. (17181019)
I was hoping that Apple will be able to add this in the next Beta release or the GA version but I read the following on their blog:
While your app’s runtime compatibility is ensured, the Swift language itself will continue to evolve, and the binary interface will also change. To be safe, all components of your app should be built with the same version of Xcode and the Swift compiler to ensure that they work together.
This means that frameworks need to be managed carefully. For instance, if your project uses frameworks to share code with an embedded extension, you will want to build the frameworks, app, and extensions together. It would be dangerous to rely upon binary frameworks that use Swift — especially from third parties. As Swift changes, those frameworks will be incompatible with the rest of your app. When the binary interface stabilizes in a year or two, the Swift runtime will become part of the host OS and this limitation will no longer exist.
The news is really alarming for me a person who writes components for other developers to use and include in their apps. Is this means that I have to distribute the source code or wait for two years?. Is there any other way to distribute the library without exposing the code (company policy)?
Update:
Is Swift code obfuscation an option at this point ?