Visa and Mastercard will participate in an upcoming proof of concept (PoC) test of the potential of shared ledger technology to improve financial settlement of commercial bank money, wholesale central bank money and securities in North America. The Regulated Settlement Network PoC (RSN PoC) will involve simulated delivery versus payment (DVP) transactions that have been tokenized. DVP transactions are secure exchanges of a payment for an asset using a trusted intermediary. The test, which is underway, will be completed by the end of this year. The biggest improvements in the payment i...