According to Techub News, according to CoinDesk, large companies interested in financial services such as Citi, JPMorgan Chase, Mastercard, Swift and Deloitte have joined forces to explore shared ledger technology by simulating multi-asset transactions in US dollars. The research project, called the Regulatory Settlement Network (RSN) Proof of Concept (PoC), will explore the potential of incorporating commercial bank funds, wholesale central bank funds, and securities such as US Treasury bonds and investment-grade debt into a common market. The New York Innovation Center of the Federal Reserve Bank of New York will serve as a technical observer.