IBM and CLS to Work on DLT Proof-of-Concept Effort Computing giant IBM is collaborating with CLS, a market infrastructure group delivering settlement, processing, and data solutions, on a proof of concept (PoC) effort for LedgerConnect, described as a distributed ledger technology (DLT) platform for the financial services industry. The LedgerConnect offering to come is intended… Read More >>
Major Players Test Blockchain/DLT for Margining
ABN AMRO Clearing, EuroCCP, Euroclear and Nasdaq report that they have successfully tested an implementation of distributed ledger technology (DLT) for a margin call between a global capital markets firm and a central clearing counterparty, earlier this month. The test was part of a joint proof of concept (POC) effort to explore ways to “make… Read More >>