Is the crypto market really removing intermediaries? Industry insiders point out that it hasn't — we've just replaced banks with DEXs and stock exchanges with on-chain trading platforms. Why have traditional financial institutions been hesitant? Many think it's due to a lack of interest, but the real barriers lie elsewhere. Early blockchain designs were completely transparent, allowing anyone to participate, which is a fatal flaw for banks — no privacy protection, inability to perform KYC and AML. Financial institutions need a controllable compliant environment. The emergence of solutions like Canton precisely fills this gap, providing traditional financial institutions with an opportunity to participate.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
22 Likes
Reward
22
9
Repost
Share
Comment
0/400
SeasonedInvestor
· 01-08 04:26
Well said, discussing intermediaries is inherently a false proposition; we're just changing the shell.
View OriginalReply0
BTCRetirementFund
· 01-07 12:31
Haha, basically it's just a different flavor of the same old story. DEX also needs someone to control the market. Just listen to the middleman talk, and that's it.
View OriginalReply0
ImaginaryWhale
· 01-06 19:37
Basically, it's just a different disguise; essentially, it's still an intermediary game.
View OriginalReply0
¯\_(ツ)_/¯
· 01-06 10:31
Just a rebranding by the intermediary, hilarious. I thought I could shake off the banks, but now I still have to obediently use Canton to reassure them and let them enter the market.
View OriginalReply0
DegenWhisperer
· 01-05 04:56
Basically, listening to the same old lines from the intermediary is enough. Isn't it just a different flavor of the same old story?
View OriginalReply0
quiet_lurker
· 01-05 04:50
Basically, it's the same old trick with a different coat; the intermediary is just using a different disguise.
View OriginalReply0
FOMOrektGuy
· 01-05 04:48
Haha, basically it's the same old story with a new coat of paint. The hype about going through agents should have been busted long ago.
View OriginalReply0
ChainProspector
· 01-05 04:40
Basically, it's the same old wine in a new bottle; they've just changed the disguise.
View OriginalReply0
NFTArchaeologis
· 01-05 04:31
Uh, to put it simply, it's just a change of packaging without changing the medicine. Previously, it was being choked by JPMorgan Chase, and now it's being choked by a certain whale address. It feels like there's no fundamental difference.
Is the crypto market really removing intermediaries? Industry insiders point out that it hasn't — we've just replaced banks with DEXs and stock exchanges with on-chain trading platforms. Why have traditional financial institutions been hesitant? Many think it's due to a lack of interest, but the real barriers lie elsewhere. Early blockchain designs were completely transparent, allowing anyone to participate, which is a fatal flaw for banks — no privacy protection, inability to perform KYC and AML. Financial institutions need a controllable compliant environment. The emergence of solutions like Canton precisely fills this gap, providing traditional financial institutions with an opportunity to participate.