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TokenFest • March 15, 2018

Token Fest is an exclusive, one day networking event focused on the business of digital cryptocurrency tokens. Attendees will gain…

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Tag: JP Mogan

JP Morgan Leaves R3 Showing Big Banks will Abandon the Open-Source Spirit

Category: Business, Finance, News

JP Morgan Leaves R3 Showing Big Banks will Abandon the Open-Source Spirit

JPMorgan Chase has reportedly left the blockchain banking consortium R3 due to disagreements over R3 proposed funding plans. The New York-based startup R3 CEV, which leads the 80 firms strong financial services-focused blockchain consortium, intends to raise $150 from its member institutions and investors in exchange for a 60 percent holding in the startup. The R3 banking consortium is currently…

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