#Fintech Favorites: #Blockchain, the Banks, and the Underbanked – Finovate

“Goldman Sachs was the first to break ranks. One of the founding members of R3 in 2014, Goldman let its membership lapse as of the end of October, according to the Wall Street Journal. The withdrawal from R3 was not a reflection of Goldman’s interest in the technology; WSJ reports that the bank continues to focus on blockchain technology internally, pursue patents in the field, and last year was part of the team that invested $50 million in bitcoin startup, Circle Internet Financial.”



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