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Re:Goldman Sachs Drops Out of R3 Blockchain Group by TuringNYC on Monday November 21, 2016 @08:33PM (#13010910)
That surprises me -- they make a lot of money from swaps and other non-exchange settled contracts' volume, especially if such contracts can be traded easily across banks. MarkItPartners is an excellent example of how all the banks made a lot of money through a consortium pushing a unified standard. Why try to make money off a patent when they can grow volume on their core product?
Re:Goldman Sachs Drops Out of R3 Blockchain Group by gnarbarian on Monday November 21, 2016 @08:51PM (#13010975)
because they would love to unilaterally control critical pieces of next gen digital currencies enabling them to bludgeon competing standards / companies out of the market with IP licensing fees.