Today R3 announced that 25 more major banks have signed up to join its consortium to design and apply distributed ledger technologies to global financial markets, bringing the total number of banks collaborating up to three. The institutions will form joint working groups to focus on creating commercial applications for the emerging technology in the global financial services industry. The consortium will also aim to establish standards for the technology.
Today R3 announced that three more major banks have signed up to join its consortium to design and apply distributed ledger technologies to global financial markets, bringing the total number of banks collaborating up to 25. The institutions will form joint working groups to focus on creating commercial applications for the emerging technology in the global financial services industry. The consortium will also aim to establish standards for the technology.