The Large Credit Union Coalition (LCUC) announced that it had joined New York-based enterprise software firm R3’s global blockchain ecosystem.
R3 CEV is starting fundraising with most of consortium participants expressing their interest in investing.
Microsoft joins R3 consortium to help developing the blockchain technology for the financial services industry.
R3 CEV, the firm leading a consortium of banks to expand a common blockchain framework, is in the market for unique talent.
While R3 CEV blockchain consortium attracts new members, Overstock.com’s CEO Patrick Byrne warns that the initiative can stifle innovation.