Thomson Reuters Plugs its Market Data to Ethereum, Corda Blockchains

Mass data giant Thomson Reuters, the parent company of multinational news agency Reuters, has released a new tool called ‘Blockone IQ’ to enable clients to plug into its market data with their blockchain systems.
Dubbed ‘BlockOne IQ’, the tool was released in its beta phase on Wednesday to its clients who use Thomson Reuters data on trading platforms using smart contracts on the Ethereum blockchain and R3’s Corda ‘distributed ledger platform’. Thomson Reuters provides its data and software to Wall Street clients who use the mass media organization to gather data, news and other information.
Sam Chadwick, Thomson Reuters’ director of strategy in innovation and blockchain, revealed that the aim of BlockOne IQ was to hasten the deployment of blockchain technology in financial markets, by enabling its data to be accessible to blockchain systems.