Santander 'abandons' R3 blockchain consortium following Goldman Sachs exit

Around the same time as influential Wall Street banking giant Goldman Sachs confirmed it would be leaving the R3 blockchain consortium – set up to probe the possibilities of emerging fintech technologies – reports say Santander has also left the group. While Goldman Sachs and Banco Santander have decided not to renew their memberships with R3, two other major banks, Morgan Stanley and National Australia Bank, are reportedly not participating in the funding round, an unnamed insider s