Interbank messaging platform SWIFT has published the results of a long-running distributed ledger proof-of-concept project.
Based on Hyperledger Fabric, the SWIFT trial focused on the use of nostro accounts, or bank accounts held by banks inside other banks. The proof-of-concept envisioned these “many-to-many” bank transfers, specifically examining how the system could meet requirements around governance, security and data privacy as they relate to the nostro reconcilitation process.
More here.
