November 7, 2024

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The Slow Death of Private Blockchain Tech—R3 Reportedly Explores Sale Despite Big Bank Support

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The Slow Death of Private Blockchain Tech—R3 Reportedly Explores Sale Despite Big Bank Support
The Slow Death of Private Blockchain Tech—R3 Reportedly Explores Sale Despite Big Bank SupportAccording to a recent report, R3, the private blockchain initiative backed by several major companies—including Intel, Bank of America, and Wells Fargo—has been looking into various strategic paths, including the possibility of a sale. Sources with knowledge of the situation noted that blockchain organizations such as Ava Labs and the Solana Foundation have reportedly been […]