Published on September 2nd, 2015 | by bitcoin0
‘Permissioned’ – Non-Bitcoin Blockchains Opted by Blythe Masters and Wall Street
Instead, they would prefer “permissioned ledgers” owned and by the banks, which can be operated only by vetted players.
Think of “BankCoin” blockchains that only the banks and the authorities have access to.
Bloomberg Business is running a profile of Blythe Masters, which is also the cover story in the October 2015 print edition of Bloomberg Markets.
Masters, a financial superstar and a former JPMorgan executive, is the CEO of digital economy startup Digital Asset Holdings.
The company’s technology enables financial institutions to create multiple private blockchains across a known group of participants.