Why do large banks refuse to use public ledgers and instead build their own blockchains?
Large banks have a low acceptance of public ledgers because their transparency conflicts with trust responsibilities, which could trigger market volatility. DRW founder Don Wilson pointed out that private blockchains better align with financial regulations and privacy needs. Even though public blockchains offer significant transformation opportunities, future financial infrastructure will still prioritize systems that protect privacy.
ChainNewsAbmedia·03-26 18:14
