The Bicoin Mire

David Rutter is CEO and Co-Founder of R3, a global blockchain consortium made up of some of the worlds largest financial services companies, founded in 2014, and the first initiative to build momentum behind the ‘blockchain not bitcoin’ narrative, that helped raised the profile of the whole industry in an enterprise context. He talks candidly about the difficult decision to open source Corda very early on, what is now becoming the de facto enterprise blockchain stack for regulated industries, and as a seasoned entrepreneur (pioneering early electronic trading systems in the 90’s) his approach to engaging incumbents and regulators when compared to competitors like Ethereum’s Consensys and what he sees as the naive approach of Facebook Libra.