Thomson Reuters is the newest member of the R3 financial consortium , enabling 55 banks and other financial institutions to understand and use the technology for their purposes and those of their customers . This consortium is the brainchild of R3 , a New York fintech company that created it to use blockchain in global financial markets . Thomson Reuters is particularly interested in using blockchain in its corporate 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. This consortium is the brainchild of R3, a New York fintech company that created it to leverage blockchain in global financial markets. Thomson Reuters is particularly interested in using blockchain in its trade finance business.