Why TradFi Failed Blockchain
If you’re like me, having been involved in the blockchain and Ethereum space since around 2018, with a tilt towards TradFi and enterprise use cases, you’ve likely come across numerous private chain initiatives. And with few exceptions, they all missed the point. These initiatives often started life as some R&D effort, looking at new tech and trying to map it to their existing culture and structures. As such, blockchains were approached purely from their technical capabilities. And they found that blockchains were slow and complex, so instead of calling them blockchains they needed to be called DLTs, so that other distributed technology approaches could be included in the stack. ...