A Local Maximum Paradox: Permissioned Blockchains and Security Tokens
▻https://hackernoon.com/a-local-maximum-paradox-permissioned-blockchains-and-security-tokens-ec4
Security tokens have evolved exclusively as public #blockchain scenarios but that trend seems to be rapidly shifting. In the last few months, I’ve talked to at least a dozen of startups that are embarking on the journey of building crypto-security platforms for permissioned blockchains. These types of solutions seem obviously targeted to enable the infrastructure for banks and institutional investors to leverage security tokens while mitigating the risks of public blockchains. Whereas the value proposition of permissioned blockchains for security tokens might look clear in the short term, there are some very interesting economic and technological arguments that should be considered for the long-term viability of this trend. Today, I would like to present some ideas about (...)