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Why would any bigger institution (like a bank) ever use a non-private chain where everyone can see how much they have and how much they sent to do transactions?
by tryptophan 6y ago
Why would any bigger institution (like a bank) ever use a non-private chain where everyone can see how much they have and how much they sent to do transactions?
Blockchain is being taken up by banks, with projects such as r3-corda, but is is a private chain, with no shitty "coin" for morons to speculate on and thus gets no attention.
- hanniabu 6y agoEthereum will allow for private transaction so institutions can conduct business on it in an opaque manner.
- tryptophan 6y agoI'll believe it when I see it. Right now it seems like nobody cares about privacy in the ethereum space.
- hanniabu 6y agoWhat are you talking about? There's tons of advocation for privacy.