Fintech

R3 plays down own blockchain product ahead of launch

The London-based startup has been working since 2015 to get its blockchain ready for finance

R3 plays down own blockchain product ahead of launch
Photo: Getty Images

A blockchain startup backed by many of the world's largest banks does not expect a fast take up of its long-awaited first commercial product after it is unveiled next week.

London-based R3 is set to formally launch its enterprise blockchain product on July 12, head of external affairs Charley Cooper told Financial News.

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