Thomson Reuters is the newest member of the R3 blockchain consortium, joining 55 banks and other financial institutions to understand and use the technology for their benefit and those of their clients. “There’s linkage between cash and FX swaps and futures, but it’s very imprecise right now,” said Rodrigues. The consortium has been working with a number of banks, including Barclays, HSBC, JPMorgan Chase & Co Thomson Reuters is particularly interested in using blockchain in its trade finance business.
Thomson Reuters is the newest member of the R3 blockchain consortium, joining 55 banks and other financial institutions to understand and use the technology for their benefit and those of their clients. The consortium has been working with a number of banks, including Barclays, HSBC, JPMorgan Chase & Co Thomson Reuters is particularly interested in using blockchain in its trade finance business.