BROAD PARTICIPATION: "This was months of work, involving more than 100 participants from 19 institutions, said Caitlin Long, president and chairman of Symbiont.

Bank Consortium Demos Leveraged Loan Trade via Blockchain

Coordinators Synaps Loans, Credit Suisse and financial services consortium R3 say that the 90-minute "proof of concept" demonstrates that blockchain can be used for large-scale financial transactions.

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