Greg Schvey, CEO of Axoni - Harnessing the Power of Private Blockchain
Wharton FinTech Podcast
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Advantages of Blockchain Technology and the Blurring Line between Public and Private Blockchains
This chapter discusses the advantages of using blockchain technology, including automated guaranteed accuracy of data and immutable audit trails. It explores the trade-offs between private permission and public permissionless blockchains, emphasizing the importance of security, privacy, compliance, and efficiency in the financial industry. The chapter concludes by suggesting that the line between public and private blockchains is becoming increasingly blurred.
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