PTRI worked with New York-based blockchain developer Axoni, which implemented a distributed ledger-based smart contract system that was fed trade data from Harmony, a messaging and order matching trading platform, to settle the trades.
The trial, which was completed on the 26th of February, consisted of Forex block trades that were executed on Axoni’s smart contract platform.
The press release said:
“Tested using bilaterally executed spot/forward foreign exchange block trades, the PTRI division imported matched messages from Harmony and converted them in real time to blockchain-based smart contracts.”
http://themerkle.com/icap-trials-blochchain-trade-settlement-system-in-forex-markets/
Topic: [2016-03-16]ICAP Trials Blockchain Securities Settlement System in Forex Markets (Read 248 times)
March 16, 2016, 12:13:39 PM
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