R3 grows Latin America footprint

Banco Bradesco, one of the biggest banking and financial services companies in Brazil, has joined financial innovation firm R3’s partnership to design and apply distributed and shared ledger-inspired technologies to global financial markets.

Bradesco says it will be collaborating with over 50 of the world’s largest financial institutions to develop groundbreaking commercial applications for the financial services industry that leverage the appropriate elements of distributed and shared ledger technology.