CoinVoice has recently learned that according to Ledger Insights, the Singapore project Partior has completed the proof-of-concept of foreign exchange payment-to-payment (PvP) settlement, and participants include JP Morgan, DBS Bank and Mizuho Bank.

PvP settlement eliminates settlement risk by exchanging two currencies simultaneously, and Partior’s solution supports 24/7 real-time atomic settlement, which is scheduled to be launched later this year. [Original link]