Calastone, a financial technology company which facilitates 12,000 active trading connections and more than 1,200 customers to process domestic and cross-border transactions, has successfully carried out the largest-scale test of Blockchain technology in the fund industry.
Ken Tregidgo, deputy chief executive of Calastone, revealed that the proof-of-concept network of Calastone processed a full day’s trades of its client base that covers over 1,200 fund distribution and fund managing institutions throughout 34 countries.
Read more here: https://cointelegraph.com/news/blockchain-is-right-solution-for-fund-industry-largest-scale-test-successful