Blanc Labs, a Toronto-based digital solutions provider for enterprises, has joined the blockchain consortium led by R3.

The collaboration is aimed at bringing innovative FinTech solutions to life using blockchain technology. R3 offers access to Corda – an enterprise-grade distributed ledger platform for finance and commerce. Blanc Labs’ team of experts will work with each client to help build smart strategies around effective use-cases and implementation.

“Partnering with R3 is a significant step for Blanc Labs in providing enterprise-grade blockchain solutions and digitizing Customer Journeys,” said Hamid Akbari, CEO, Blanc Labs. “There is a growing interest and a real demand from our clients to help understand the implications of blockchain, and we’re committed to helping bring this emerging technology from proof-of-concept to commercial implementation.”

Founded in 2013, Blanc Labs builds cutting-edge technology in full partnership with clients in North & South America. Its offerings include ClearCharge, a merchant data enrichment application that improves the customer’s experience; and a Digital Cards solution, helping card issuers create their own digital wallets and connect to a tokenization platform to benefit from OEM wallets.

R3’s global network counts over 200 banks, financial services firms, technology companies, central banks, regulators, and trade associations. It also works with a number of central banks and regulators around the world.