Future of Finance


How R3 gets blockchain projects done

[OCT 2023]

R3 first came to public attention in 2015 when a group of major financial institutions and technology vendors backed the company to work out how blockchain technologies could be applied to regulated financial markets. More than six years on, R3 is the established enterprise software company behind a host of live and soon-to-be-live blockchain-based networks across multiple asset classes. In that time, its founders have learned a great deal about how regulated financial institutions think about and adopt blockchain technology, the balance that must be struck between competition and collaboration, the importance of inter-operability between networks and how to build a business case within a major financial institution. Dominic Hobson, co-founder of Future of Finance spoke to two of the founders of R3, Chief Technology Officer Richard Brown and Chief Strategy Officer Todd Mcdonald, about their experience and their expectations for the future.