JPMorgan, Goldman Sachs Trial DLT for Equity Swaps

Coindesk ---------- A group of major financial firms including JPMorgan Chase and Goldman Sachs has trialed the exchange of equity swaps over a distributed ledger (DLT) system. Using the AxCore distributed ledger platform from startup Axoni, the pilot – which also included BNP Paribas, Credit Suisse and Citi – saw the banks process equity swaps from start to finish, according to an announcement from today. The trial looked at the potential of DLT to streamline the way swaps are made. To learn more click on the picture below to read the article.