Financial News: 6 banks sign up to UBS-led blockchain effort

Swiss rival Credit Suisse among those joining project to make settling payments faster and less riskyBarclays, CIBC, Credit Suisse, HSBC, MUFG and State Street have signed up to the Utility Settlement Coin project, which will use blockchain in an effort to minimize risk in the payments and settlement process.
Source: Marketwatch Bitcoin News
Link: Financial News: 6 banks sign up to UBS-led blockchain effort