The Slow Death of Private Blockchain Tech—R3 Reportedly Explores Sale Despite Big Bank Support

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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Which Ones Are Leading the Future of Crypto?

October 22, 2024 at 03:13 AM GST updated: October 21, 2024 at 05:01 PM 2 mins read News Public blockchains offer maximum decentralization and transparency, making them ideal for cryptocurrencies but slower in transaction processing. Private and consortium blockchains provide controlled access and faster transactions, suitable for enterprise and inter-organizational applications. Hybrid blockchains combine public…

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