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R3 Plans Expansion as Company Announces New Office In Dublin by 2020

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The blockchain consortium R3 is amid a big expansion. This week, the group revealed that it plans to open up a new office in Dublin, which will be inaugurated in 2020. The announcement comes on the heels of the last one, that the company would double the size of its London office.

According to R3, this new office will be focused on serving as a tech hub. It was also affirmed that the local team would team up with the already existing London team on some occasions.

This is all a part of the company’s expansion move. In order to increase its popularity around the whole world, R3 is on a hiring spree. Dublin is an obvious choice as no one is actually sure what will happen to London post-Brexit.

The CEO of R3 David Rutter affirmed that not only the city is connected to London but it also because there are several experts in the blockchain there. This could help in order to find the talent that will make the office be successful.

The Enterprise Blockchain Sector Is Becoming Important

The time in which blockchains were only used by random people on the internet is long over. The age of blockchains for enterprises has just started and it is shown to be incredibly successful. While still a very new sector, some of the largest companies in the world are investing in it as they prepare for the future.

According to Rutter, R3 is the kind of company that will be active in diverse ecosystems and starts partnerships that will help enterprises all over the world to make the most of their blockchain applications.

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