Of course some TradFi institutions will pursue private blockchain ecosystems to ensure compliance and security requirements are maintained, and where they can guarantee strict identity control, absolute confidentiality of transactional data, and clear legal accountability. Building and operating financial infrastructure and transaction networks is what these companies do! Whether this is an extensional threat to Bitcoin may be a bit of a stretch. https://www.cointribune.com/en/jpmorgan-warns-private-blockchains-could-challenge-bitcoin/ #Blockchain #Bitcoin #Ethereum #Crypto #Competition #TradFi #JPMorgan #CryptoCurrency #Kinexys #CryptoTokens #FinancialInstitutions #TokenizedDeposits #TokenizedAssets #RWAs