Thomson Reuters Joins R3 Blockchain Consortium
Thomson Reuters has been added to the bank-backed R3 blockchain consortium which has been working to design and deliver advanced distributed ledger technologies DLTs to the global financial markets. Thomson Reuters is the first major data and technology provider to join the group of more than 55 banks and other financial institutions. The data company runs currency trading platforms FXall and Thomson Reuters Matching. The total average daily volume of foreign exchange trading across the two platforms totaled $394 billion in June. Exploring the Blockchain in Trade Finance. Thomson Reuters....
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Thomson Reuters, the parent company of prominent international news agency Reuters is the newest member joining the R3 blockchain consortium. The private blockchain consortium led by New York-based R3 will now include mass media company Thomson Reuters. The data and technology provider will contribute insights from its engagement with customers in the financial sector to further bolster and drive innovation and adoption of blockchain technology in the sector. The addition of Thomson Reuters is notable to a consortium that was – until recently – predominantly seen as a private banking....
Thomson Reuters along with EY and others is organizing a blockchain hackathon in Switzerland. The future of blockchain looks bright, thanks to increasing adoption of Bitcoin’s underlying technology by leading industry segments. Innovation holds the key to widespread implementation of distributed ledger technology across industries. Thomson Reuters, along with Ernst & Young and other blockchain players are trying to facilitate such adoption by organizing a Blockchain Hackathon. The two-day blockchain hackathon is being held over the weekend, between 27th and 29th January 2017 in Baar,....
The R3 consortium, an association established by a group of leading banks including JPMorgan, Wells Fargo and Barclays, has recruited mass media and information firm Thomson Reuters to expand its operations into the market data business. Over the past two years, the R3 consortium’s banks have collaborated with each other to exploit the application of the blockchain technology in the finance industry. The consortium secured strategic partnerships with blockchain-based service providers including Microsoft Azure, which offers Ethereum-based cloud services that are being used as the backbone....
Microsoft wasn't the only financial firm to voice its interest in ethereum today. At the software project’s annual developer conference, Devcon2, Thomson Reuters research scientist Dr Tim Nugent revealed a number of early-stage projects that the media giant is building on the decentralized application development platform. At the day's final morning session, Nugent spoke broadly about the company’s projects (including its work with the R3CEV banking consortium and the Hyperledger blockchain project), while offering new details about how it sees the technology fitting into its existing....
Various companies are looking for people with knowledge and expertise in the world of blockchain and distributed ledgers these days. Thomson Reuters, a company well-known for the intelligent information and solutions regarding global markets, is hiring an Ethereum blockchain developer for one of their mobile web projects. The blockchain industry keeps creating jobs all over the world by the look of things. Thomson Reuters Eyes Ethereum Blockchain. As big data plays an ever-increasing role of importance in the financial world, harnessing the information gathered in an intelligent way....