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TradFi obsession with permissioned blockchains is 'race to the bottom,' Etherealize CEO Vivek Raman warns Search / News Video Prices Research Events Data & Indices More Sponsored Search / en Sign In Sign Up Finance Wall Street's private blockchain obsession is a 'race to the bottom,' Ethereum advocate Raman warns Centrally controlled, permission-only networks have a role to play in finance, but need a transparent, open base to reap the benefits blockchain technology offers. By Ian Allison | Edited by Sheldon Reback 27 min ago 3 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on Etherealize co-founder Vivek Raman (Etherealize) Summary Show The resurgence of private, permissioned “consortium chains” risks recreating siloed systems that undermine the interoperability and liquidity blockchain technology was meant to enable, Etherealize CEO Raman says. Etherealize, backed by Vitalik Buterin and the Ethereum Foundation, is pitching Ethereum’s open mainnet as the neutral base to which institutions can add permissioned and privacy-preserving features at higher layers. The rapid uptake of gated networks by major firms contrasts with new Ethereum-based products from firms like BlackRock, sharpening a debate over whether institutional adoption will favor open, public chains or curated systems controlled by corporate sponsors. A resurgence in private, gated blockchains that differ fundamentally from open, public networks like Ethereum and Solana by creating silos that don't talk to each other eats away at the potential the technology was designed to achieve, according to Vivek Raman, the co-founder and CEO of Etherealize. Etherealize acts to attract traditional finance (TradFi) firms to Etheruem. Bu özet bilgilendirme amaçlıdır, yatırım tavsiyesi değildir. — hisseonlinebot