Thomson Reuters Joins R3 Blockchain Consortium
Aug 2, 2016 at 1:28 p.m. UTC:format(webp)/downloads.coindesk.com/arc/failsafe/placeholders/16x9.png)
Mass media company Thomson Reuters has become the latest member of the R3 blockchain consortium.
The firm announced today that it had joined the effort, which has seen dozens of banks and finance firms collaborate to explore the technology. Recent members include Absa Bank, one of South Africa’s largest banks, and Toyota Financial Services, the financial arm of Toyota Motors.
Mark Rodrigues, managing director for strategic customers and solutions, said in a statement:
Thomson Reuters has spent much of the past two years conducting an exploration of blockchain applications on its own, and its entrance into the R3 consortium will likely compliment those efforts.
For more on Thomson Reuters and its blockchain strategy, read our latest interview here.
DISCLOSURE
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
:format(webp)/downloads.coindesk.com/arc/failsafe/user/1x1.png)
Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.