Austrian Bank Raiffeisen Enlists in R3 Blockchain Consortium

Raiffeisen Bank International (RBI) has become the first Austrian banking group to join the R3 distributed ledger (DLT) consortium.

The bank, which operates a banking network in central and eastern Europe, confirmed its participation in the enterprise-focused DLT project this week, indicating its desire to “exchange and collaborate with peers” and develop the security and usability of RBI’s own blockchain initiatives.

Michael Hoellerer, plenipotentiary of RBI, said in a statement: […]

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