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Enterprise blockchain tech war gets ugly with R3

enterprise competition
R3, the company founded by a consortium of banks, is the subject of significant negative press this week. The one-sided commentary contradicts the feedback Ledger Insights is hearing from people in the enterprise blockchain space. In fact, R3’s technology has the potential to dominate in some sectors. And it’s starting to happen already.
Why the negativity?
Last year the company raised $107m from a consortium of banks. A week ago another $15m was injected into the company. This was likely the spark for the speculation.

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