BUSINESSFORTUNE
Bank-run blockchains are back in style—but history suggests they will be a bust
Legacy financial institutions are promoting permissioned blockchain projects, such as DTCC's Hyperledger Besu and London Stock Exchange's Azure-based system, but critics argue these centralized systems lack the decentralization and innovation of networks like Ethereum. The article compares this trend to the 2016 'blockchain not Bitcoin' movement, which failed as decentralized alternatives thrived.
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