Patrick Byrne’s warning about R3’s blockchain consortium
Michael del Castillo, 21 December 2015
The CEO of Overstock.com last week warned that a consortium of the world’s largest banks could be used to make sure the blockchain, a new way to track value exchanges, is controlled by the existing powers.
Speaking at the Blockchain Agenda San Diego, Patrick Byrne warned that New York City-based R3CEV, a consortium of 42 global banks, could stifle innovation, according to an InsideBitcoin’s report Friday. Continue reading “Article: Patrick Byrne’s warning about R3’s blockchain consortium”
