Thread by @SanNL11

So.. IMF and KPMG concluding (2022) that institutions are mainly going for permissioned networks (Corda, Hyperledger)…

Time to be redpilled👇🏻💊

1/🧵

And all the public research show this:

#1

#2 Gartner

#3 Deloitte

#4 Well… Corda (private) is used by 90% of banks

#5 All BIS cbdc trials on private DLTs

#6 And the biggest blockchain consortiums from lots and lots of fortune 500, ALL on private DLTs

Not even 1 crypto bloclchain here..

But anons are still advocating that public blockchain is the future/the majority🤣

Uh no no no dummy

Permissioned usecases are by more and bigger clients and at much bigger scale. It might not be as disruptive but when it comes to utility it has no match from crypto.

Permissoned interoperability is the hardest to solve 🔐. Which $QNT does best and 99% of crypto can’t even do.

It connects Hyperledger on many huge scale initiatives:

1. SIAchain (570 bank nodes to Interoperate Corda with Ethereum and Hyperledger).

2. Latan American Dollar accross 12 countries Inter American Development bank).

3. Oracle blockchain platform

And also Corda

✅Spunta, 580 corda bank nodes (Nexi)
✅SDX
✅Contour
✅Mobi
✅Marco Polo
✅ICICI

And we know about 5% what’s actually happening in enterprise.

Place your bets on where the world is building on coming 5 years😉

END

Summary on private DLT:

✅Usecases are bigger
✅By more participants
✅By bigger institutions
✅They have existing workflows they put on private dlts, workflows that took them decades to build. All blue chips.
✅They have the money and the manpower to make it a success