R3 concludes membership round, adding 12 more banks

Number of participating banks in blockchain project hits 42

Superfast fibre broadband rollout

BMO Financial Group, Danske Bank, Intesa San Paolo, Natixis, Nomura, Northern Trust, OP Financial Group, Banco Santander, Scotiabank, Sumitomo Mitsui Banking Corporation, US Bancorp and Westpac Banking Corporation have joined the R3-led consortium to develop distributed-ledger technology for the financial industry in the final membership round.

Since its September launch, 42 banks have joined the initiative, with the initial window for admittance now closed to new members under the consortium's

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