Ripple competitor SWIFT published final results of its distributed ledger technology (DLT) proof of concept for Nostro reconciliation, the company announced Thursday. SWIFT said it is one of the largest proofs of concept held to date for blockchain and noted that 34 banks participated. SWIFT said it wanted to use the proof of concept to assess whether DLT’s current level of maturity could be a production-grade application for mission-critical infrastructures. Read more here.

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