Friday June 27, 2025

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 Support

by Jamie Redman October 24, 2024 1 min read

(Originally posted on : Bitcoin News )

According 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 […]

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