Todd McDonald is the co-founder and head of product at R3. He also serves on the Hyperledger Governing Board. Todd believes the Hyperledger community brings a lot of value with its open culture, network and contributions from members.

Blockchain can drastically change not only how banks and financial institutions do business, but how their customers interact, according to Todd. It can make business processes more secure and more efficient at much lower cost.

It comes down to different actors being more comfortable with moving from perception to a shared truth. R3 is very excited to see how the broader Hyperledger community can advance that.

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