Thomson Reuters Added to R3 Consortium
The R3 consortium has grown further with the inclusion of Thomson Reuters, which has joined the financial innovation firm partnership to promote and develop distributed leger technologies to global financial markets. The R3 team collaborates with consortium members on research, experimentation, design and engineering to help advance this technology to meet banking requirements for identity, privacy, security, scalability, interoperability and integration with legacy systems.
It is expected that Thomson Reuters will provide information for product innovation and transformation in the financial sector using blockchain-like technologies and demonstrates Thomson Reuter’s commitment to the emerging technology and to innovation. Thomson Reuters has operated in more than 100 countries for over a century and thus can deliver a wide range of customer perspectives to R3’s collaborative research.