R3 Not Going Bankrupt, in a Very Strong Financial Position: CEO David Rutter

The chief executive of R3 is striking back at a recent report that the enterprise blockchain startup is hemorrhaging cash and is well on its way to bankruptcy. Writing in an official statement on the R3 blog, David E. Rutter said that the firm — which has raised more than $120 million over multiple funding The post R3 Not Going Bankrupt, in a Very Strong Financial Position: CEO David Rutter appeared first on CCN

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‘Pixie Dust’: Anti-Crypto ‘Expert’ Tells British Govt. Blockchain Is Just a Fad

On Tuesday, a director of a leading think tank stood before the British Parliament’s Treasury Select Committee and called out blockchain technology as “magic wand, pixie-dust things” that is a “fad” and “a distraction from looking at getting some of the basics rights” in the banking industry. Martin Walker, the director for the non-profit Center for The post ‘Pixie Dust’: Anti-Crypto ‘Expert’ Tells British Govt. Blockchain Is Just a Fad appeared first on CCN

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