As Morgan Stanley Leaves R3 Questions Arise about its Value and Commerciality

[kreslik.news]

It was revealed a few days ago that R3 has lost at least one of its founding members, Goldman Sachs, and had to cut the target for its first major funding round by $50 million. Following that, it is now confirmed that Morgan Stanley is the latest financial institution to drop out of the blockchain consortium and we turned to an expert in the field to try and figure out what is going on behind the scenes.

GFT is a provider of business, design and technology consulting solutions to the investment banking community, which has approximately 4,000 employees working for nine out of ... (read more)