It was recently revealed that forex settlement provider CLS and Tech giant IBM are joining hands in testing a platform. This platform is known as LedgerConnect. It is a platform that would make it possible for software vendors, banks, and fintech firms in deploying , sharing, and consuming blockchain-based softwares. The platform was developed by IBM in partnership with Hyperledger. However Citi and Barclays are both banking giants and are one of the nine financial institutions that are participating in the proof of concept (PoC).
LedgerConnect will serve as a blockchain marketplace for the financial sector, and this is expected to speed up innovation in the ecosystem. According to CLS’s chief strategy and development officer, Alan Marquard, LedgerConnect will offer safe and robust solutions which will cut costs while reducing risk.
https://dictoms.com/barclays-and-citi-among-the-banks-trialing-ibms-blockchain-app-marketplace/