If private permissioned blockchains work well for tokenization and other things what is the need for ETHEREUM?
I am having this thought that if permissioned private blockchain can work well for all kinda things like tokenization to real estate. What value will eth capture if at all. I understand blockchain reduces friction but what if all banks nasdaq dtcc coordinate for private blockchains which they are doing already. How will tokenized stocks come to ETH at all because nasdaq will do their own blockchain? Likewise for other use cases , I have a similar thought which makes me think how ETH is useful at all?
Please let me know your thoughts. I m genuinely curious.
u/manikandanappuv9 — 23 hours ago