Why big banks are snubbing open ledgers to build their own private blockchains

DRW founder Don Wilson explains that major banks are avoiding public blockchains in favor of building private blockchain networks. He argues that public ledgers conflict with institutional trading practices and risk management requirements, creating barriers to widespread adoption.

• →Big banks are choosing to build private blockchains rather than using public ledgers
• →DRW founder Don Wilson identifies conflicts between public blockchains and institutional trading practices
• →Risk management requirements at institutions are incompatible with open ledger transparency
• →Private blockchain adoption may limit the broader cryptocurrency ecosystem's institutional integration