ICAP division completes blockchain proof of technology

ICAP has announced that its PTRI division has completed a POT test case for a distributed ledger using blockchain technology.

First Published by e-Forex News: March, 2016

ICAP division completes blockchain proof of technology

ICAP has announced that its Post Trade Risk and Information (“PTRI”) division has successfully completed a proof of technology test case for a distributed ledger using blockchain technology.  The proof of technology successfully completed on 26 February 2016 and has the potential to significantly transform post trade operations, while complying with new market practices within the post-crisis regulatory environment. 

The PTRI distributed ledger proof of technology leveraged the multi asset messaging and matching Harmony network, and blockchain infrastructure provided by Axoni to create a private, peer-to-peer, distributed ledger network using smart contracts.