2411, 2016
Shakeup at R3 CEV blockchain consortium as banks leave
R3 CEV launched with nine founding members in September 2015. Helmed by David Rutter, a former executive at interdealer broker Icap, the firm set out to develop blockchain technology for the financial services industry. Rutter put together an unmatched group of large financial institutions. At its recent peak, the consortium claimed 73 member, including many of the world’s largest banks and insurance companies.
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