JPMorgan, DBS and Mizuho test Partior blockchain FX PvP solution

Odaily News Singapore project Partior has completed a proof of concept for foreign exchange payment-to-payment (PvP) settlement, with participants including JP Morgan, DBS Bank and Mizuho Bank. PvP settlement eliminates settlement risk by exchanging two currencies at the same time. Partior's solution supports 24/7 real-time atomic settlement and is scheduled to be launched later this year. (Ledger Insights)