R3 has pivoted from its initial ambition of rolling out blockchain apps, to focus on the foundational technology.
Blockchain development consortium R3 explains the work it is doing to lay the groundwork for applications.
Ethereum is a blockchain technology that is designed to be universal, supporting all manner of applications and functions, says its creator, Vitalik Buterin.
But as use cases proliferate for distributed ledgers, so do vendors, coding languages, and the number of emerging intermediaries.