Blockchain partnership attracts another 13 banks
Initiative led by financial innovation company R3 seeks to bring distributed ledger technology to financial markets
Thirteen large global banks have joined a partnership led by financial innovation company R3 to design and apply distributed ledger technologies to global financial markets.
The initiative aims to develop commercial applications for the blockchain to be used by the financial services industry, as well as to establish standards and protocols that will make its adoption easier and broader.
The addition, which takes the total number of banks involved in the project to 22, includes Bank of America
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