Banks will run RWAs on two blockchain rails, says RedStone co-founder

RedStone’s Kaźmierczak says banks are using permissioned networks like Canton for internal workflows while keeping public blockchains like Ethereum for tokenized markets.
Institutional adoption of real-world assets (RWAs) is splitting between public and permissioned networks, exposing a divide between the liquidity advantages of blockchains like Ethereum and the privacy demands driving systems such as Canton Network.
The divergence is becoming more pronounced as tokenized assets gain traction among major asset managers.
Marcin Kaźmierczak, co-founder of blockchain oracle provider RedStone, said product development is likely to occur on public blockchains, while permissioned systems are better suited for institutional processes that require confidentiality.
Source: Cointelegraph →Related News
- 2 days ago
UK central bank is warming up to stablecoins, but says industry input is lacking
- 3 days ago
Perp DEXs become the latest battleground for blockchains
- 4 days ago
All 21 million Bitcoin is at risk from quantum computers, ackshually
- 4 days ago
All 21 million Bitcoin is at risk from quantum computers
- 5 days ago
Republican opposition to CBDC could hold up housing affordability bill
