<h1>ECB, Bank Of Japan Publish Findings On Project Stella Phase 2</h1>

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On Tuesday, the European Central Bank and the Bank of Japan released a joint report on part two of Project Stella, which focused on securities settlement systems: delivery versus payment (DvP) in a distributed ledger environment. Although securities settlement is conceptually possible in single-ledger or cross-ledger DvP systems, the banks said that additional study would be required.

<h1>SWIFT Glows Over Successful DLT Proof of Concept</h1>

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The global banking cooperative SWIFT has released an analysis of its recent proof of concept that relied on IBM’s Hyperledger Fabric v1.0 DLT platform. While it’s too soon for the cooperative’s entire network of banks to adopt a DLT solution, SWIFT representatives appeared extremely pleased with the results of the sandbox trial.