R3 CEO David Rutter: Cryptocurrencies can't really solve real business problems

David Rutter, founder and CEO of blockchain technology company R3, said in an interview that the problem with cryptocurrencies is that it can't really solve real business problems. He said: "For many years, central banks of various countries have been paying attention to blockchain and digital currencies. From our perspective, since we are an enterprise software solution, we are interested in the central bank's digital currency (CBDC) to resolve Value trading, which is not the same as replacing a currency with some kind of cryptocurrency supported by the central bank. "He also added:" So when you look at the world of cryptocurrencies and how central banks want to When promoting business globally, they have a lot to consider. "