UBS has spoken further about the way in which it intends to utilise blockchain technology, and has indicated that it sees permissioned blockchain ledgers as being more useful for its purposes than the permissionless version. That's fine - people are very on it, it's very nascent, the frontier really." This is a somewhat controversial position, as several blockchain experts and companies have said that they do not think a permissioned ledger is viable, and will have major technological deficiencies. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. This is a point made by UBS, which said that "having a permission chain gives you easier integration into the legal and regulatory framework."
UBS has spoken further about the way in which it intends to utilise blockchain technology, and has indicated that it sees permissioned blockchain ledgers as being more useful for its purposes than the permissionless version. This is a somewhat controversial position, as several blockchain experts and companies have said that they do not think a permissioned ledger is viable, and will have major technological deficiencies. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. This is a point made by UBS, which said that "having a permission chain gives you easier integration into the legal and regulatory framework."