Published on July 21st, 2015 | by bitcoin0
R3CEV’s Plot Exposed on Distributed Ledgers to Wall Street
The difference between R3CEV and other distributed ledger startups, however, might lie in the strength of its team.
In interview, both Rutter and McDonald suggested that it’s too early to say how Wall Street institutions and financial companies might one day introduce or integrate blockchain technologies.
R3’s approach has involved hosting roundtable discussions with interested banks, seeding proof-of-concept initiatives and working directly with institutions on exploration projects.
As such, players in the space are moving to establish influence among the institutions that could find see big changes in the decades ahead if blockchains and distributed ledgers see broader usage.
“I think the education process and the interest has grown extremely rapidly in the past six months,” McDonald said.