Major Banks Trial Credit-Default Swaps Blockchain Trading System
![](https://themerkle.com/wp-content/uploads-new/2016/04/shutterstock_338948918-300x200.jpg)
Several large financial institutions (JP Morgan, Citigroup, Bank of America, Credit Suisse Group) have participated in a blockchain trial involving credit-default swaps (CDS) derivative contracts. The CDS contracts became …