[2016-10-06] No R3: Overstock Plots Blockchain Consortium For 'Everyone Else'

Online retail giant and upstart blockchain innovator Overstock has begun work on its own blockchain consortium.

To be called "Revolution 4", the project is envisioned as a way for the company, long one of the most bullish on blockchain, to share its technology and regulatory expertise as it relates to the emerging tech. In a new interview, Revolution 4 president John Tabacco said Overstock is seeking to launch the effort for small businesses, FinTech firms and startups, and that it is currently seeking partners.

Tabacco lauded the work R3 has done in creating a meeting place for large banks and institutions, however, he expressed a desire to extend the startup's model to participants that haven't yet been courted by the industry's dominant collaborative, or that have been priced out of the group.

http://www.coindesk.com/no-r3-overstock-plots-blockchain-consortium-for-everyone-else/

Topic: [2016-10-06] No R3: Overstock Plots Blockchain Consortium For 'Everyone Else' (Read 253 times)