kaal:claim:3411110-038

Private blockchains are the rational transitional vehicle for cautious enterprises, because they let firms experiment at relatively low cost and be better positioned when mass adoption occurs, while allowing the corporation to screen access to transaction records.

Source quote, verbatim

By setting companies up on private blockchains, companies can experiment with the technology which allows them to be better positioned when mass adoption occurs while keeping cost relatively low.

From

Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019), III.1 Cost Reduction, footnote 40, p. 13
https://ssrn.com/abstract=3411110 · source PDF

Cite as

Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019). SSRN: https://ssrn.com/abstract=3411110

Holds when

corporations apprehensive about the cost and uncertainty of technology upgrades
private permissioned chains with a governance system for access

Classification

designsupport: arguedblockchaingovernance-design

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