Brazil's Bradesco joins R3's blockchain exploration

R3's quest to find broad financial use for the technology is growing across regions

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Value of collaboration: LatAm bank starts to explore blockchain's potential

Brazil's Banco Bradesco has joined a financial consortium led by R3 to explore the design and application of distributed and shared-ledger technologies in financial markets.

The move enables one of the country's largest banking and financial services companies to collaborate with more than 50 of its global peers in a search to determine how blockchain can add value to the industry.

"Innovation plays a crucial role at Bradesco, and we are committed to better serve our customers and add value to

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