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We carried out a proof of concept with Ripple to explore the synchronised movement of two different currencies across two different real-time gross settlement systems linked using Ripple Connect and the Interledger protocol. We wanted to demonstrate how this kind of synchronisation might lower settlement risk and improve the speed and efficiency of cross-border payments.
Published on
10 July 2017
This engagement concluded upon completion of this proof of concept. We will continue to work with businesses on fintech proofs-of-concepts whenever this may help us fulfil our mission.