Nine banking giants are taking part in an app store trial for programs which are based on distributed ledger technology (DLT), further showcasing their interest towards the field and validating its merits. Financial News reported on July 27 that LedgerConnect, the lovechild project of foreign exchange processing giant CLS and tech mogul IBM, is in trials. Major banking giants are already lining up to test it out. Bridge Between New and Existing Technologies LedgerConnect attempts toRead MoreThe post Barclays, Citigroup, and Other Big Banks Sign Up for a Trial Blockchain Project appeared first on Bitcoinist.com.