2018-8-1 09:07 |
Financial News reported on July 27 that LedgerConnect, the lovechild project of foreign exchange processing giant CLS and tech mogul IBM, is in trials.
Bridge Between New and Existing Technologies
LedgerConnect attempts to provide a comprehensive platform in order to further incentivize banks to take advantage of blockchain projects.
The project is designated to deliver easy access to blockchain-based solutions which deal with Know Your Customer (KYC), and anti-money laundering regulations.
Nevertheless, nine banks are supposedly testing the platform, with two of them being Citigroup and Barclays.
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