R3 banks use Intel distributed ledger technology for bond trading

Working under the R3 banner, a gang of eight banks have successfully tested a distributed ledger prototype for bond transactions using Intel technology. R3 and the banks – CIBC, ING, HSBC, Scotiabank, Societe Generale, State Street, UBS and UniCredit – used an implementation of Intel’s proprietary distributed ledger platform, Sawtooth Lake, for the trial. The…