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R3 CEV

R3 is building its flagship product Corda to bring permissioned blockchains to large financial institutions. R3 is a consortium of over 200 of the largest financial services businesses in the world including Barclays, Credit Suisse and UBS.

R3 CEV people

Cryptocurrency reviews from the executives, employees and alumni of R3 CEV

photo of cryptocurrency expert Kathleen Breitman
Kathleen Breitman

Co-founder of Tezos

photo of cryptocurrency expert Mike Hearn
Mike Hearn

Lead Platform Engineer at R3 CEV

Reviews by R3 CEV people

🔑 0 positive | 💩 2 negative

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Why has Bitcoin failed? It has failed because the community has failed. What was meant to be a new, decentralised form of money that lacked “systemically important institutions” and “too big to fail” has become something even worse: a system completely controlled by just a handful of people. Worse still, the network is on the brink of technical collapse.

2016-01-14 | Full Review

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Several banks have had the engineers sitting in their "innovation labs" play with Ethereum (cursing the whole way, might I add) in order to justify investment in a blockchain-based solution. Ethereum forks are quick and easy to spin up a quick POC, but I don't think anyone actually intends to build anything off of the EVM.

Breaking into actual production use requires better engineering infrastructure than the EVM provides. . . . Talk to senior employees at banks in areas that materially impact their P&L and you'll find very few people who would be impressed by the EVM. Barclays' financial contract representation is built in Haskell, not Javascript :-P

2016-11-26 | Full Review