R3 said that 40 banks participated in the trial which involved trading assets over distributed ledger technologies it managed but which were built by five different providers.

"[The banks] evaluated the strengths and weaknesses of each technology by running smart contracts that were programmed to facilitate issuance, secondary trading and redemption of commercial paper, a short-term fixed income security typically issued by corporations to raise funding," R3 said. "Each of the distributed ledgers ran a smart contract based on identical business logic to enable the banks to accurately compare the difference in performance between them."...

More:
http://www.out-law.com/en/articles/2016/march/five-blockchain-technologies-successfully-trialled-in-parallel-by-banks/

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