David Rutter

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Last quote by David Rutter

Blindly investing millions of dollars in small, disparate technology projects is not appropriate for banks at a time when budgets are stretched. The risk of backing the wrong horse could far outweigh the potential gains. Given that the power of this technology lies in its network effect, the consortium model is the ideal method to get it off the drawing board and into the wholesale financial markets.feedback
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Oct 20 2016 Blockchain
This page is completely dedicated to what David Rutter has to say. All of David Rutter’s quotes are organized here by date and topic. The most recent quote attributed to David Rutter came from an article called Blockchain platform developed by banks to be open-source: “Blindly investing millions of dollars in small, disparate technology projects is not appropriate for banks at a time when budgets are stretched. The risk of backing the wrong horse could far outweigh the potential gains. Given that the power of this technology lies in its network effect, the consortium model is the ideal method to get it off the drawing board and into the wholesale financial markets.”.
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