# Public versus Private Blockchains

Different business requirements for permissionless/public blockchains versus private/regulated blockchains. "As is often the case in the real world, it depends."

[Vitalik Buterin: On Public and Private Blockchains](https://www.coindesk.com/vitalik-buterin-on-public-and-private-blockchains/) Aug 2015 for Coindesk

A very important question is whether [Traditional Asset Tokenization](https://hackernoon.com/traditional-asset-tokenization-b8a59585a7e0) will happen and be successful and impactful.  ...Tokenization of traditional assets in the coming years will have an impact on liquidity across multiple asset classes.
MT: if the kenization happens on public blockchain, but regulation should force everything to private blockchain???

[No, Bitcoin Is Not The Future Of Securities Settlement](https://www.clearmatics.com/news/page/4/) by Robert Sams.
The impossibility of reversal of some transaction seem to be a serious legal obstacle.
 
[Engineering Security Through Coordination Problems](https://vitalik.ca/general/2017/05/08/coordination_problems.html) by Buterin (May 2017)
A very interesting point is how coordination of users is helpful for public blockchain, while a central agent benefits from "passive/negative coordination" for private blockchain. **How to use this point in detail in the design of public/private blockchains?**

Part 1 of a comparative analysis between Ethereum, Hyperledger Fabric and R3 Corda [Blockchain vs. Distributed Ledger Technologies](https://media.consensys.net/blockchain-vs-distributed-ledger-technologies-1e0289a87b16)

## Blockchain in Enterprise

[Blockchain Technology Primer](https://knowen-production.s3.amazonaws.com/uploads/attachment/file/2325/Blockchain%2Bsept%2B2018%2B-%2BBAML.pdf) from BAML
> DLT has seen some early adoption, but broad use cases have yet to
> materialize due to technological constraints (i.e. latency, scalability). However, in our
> view DLT will eventually become embedded in every software platform as the
> technology improves, similar to how business intelligence (BI) and data analytics is being
> embedded into every layer of business processes

 

 
 

# Parents

* Consensus mechanisms
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# Attachments
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* [](https://knowen-production.s3.amazonaws.com/uploads/attachment/file/2325/Blockchain%2Bsept%2B2018%2B-%2BBAML.pdf)⏎