15 Banks to Test DTCC’s Market Infrastructure Using Blockchain

Post-trade market infrastructure giant DTCC has initiated the testing phase to re-platform its credit derivatives on distributed ledger technology (DLT) and cloud.

The trial will include the participation of 15 of the world’s largest global banks, which will conduct structured user acceptance tests to validate the interaction between systems, firms and other market infrastructure providers. DTCC plans to go live with the blockchain platform upon completion of the testing phase by Q1 2019.

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