3min chapter

Bankless cover image

Unlocking Privacy on Ethereum with Paul Brody

Bankless

CHAPTER

Enterprises Don't Want Private Blockchains

The value that enterprises unlocked was on the public network. Think about like, you know, your smartphone, what you buy in Walmart, right? These companies negotiate deals with suppliers and they're among the most secret information that companies have. If I could look at what you've got and where it is, I know how your quarters turning out. I know who your suppliers are. It would be exposing so much information ... The damage of exposing that would far outweigh any benefits I got from using blockchains.

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