Polychain CEO Says Facebook’s Rumored Stablecoin Blockchain Need to Be Public

Polychain Capital CEO Olaf Carlson-Wee thinks Facebook could be sensible to develop its stablecoin on a public, open blockchain infrastructure. Carlson-Wee delivered his remarks in the Consensus 2019 panel “To the Moon and Back” on May possibly 15.

“I feel provided all of the troubles that Facebook has had with policing their platform and factors like that, I assume that the strategic move for Facebook would essentially be to create public infrastructure. And that public infrastructure may be incorporated onto each of the Facebook platforms, which not surprisingly are proprietary. But that public infrastructure, if they do not try to own it, I assume that’s exactly where they may possess the most results.”

Carlson-Wee notes that an further advantage could be that by relinquishing manage more than the platform, in addition they prevent liability for controversy that requires spot around the platform; he compares the predicament for the creation from the internet.

Blockchain Infrastructure Firm Blockstream Launches Security Token Platform

Blockchain infrastructure firm Blockstream announced the launch of its security token platform in a press release shared with Cointelegraph on Could 15.

Per the announcement, the new Liquid Securities platform is a solution for organizations to problem safety tokens on the Liquid Network.

The platform will reportedly launch with four partners: investment platform BnkToTheFuture, multi-blockchain issuance platform TokenSoft, United States-based bank Zenus Bank, and game development studio Pixelmatic.

The announcement explains that the Liquid Network is often a settlement network connecting cryptocurrency exchanges, industry makers, brokers, and other economic institutions.

In March, Blockstream released a brand new version of its bitcoin (BTC) scalability computer software, c-lightning. The release included functionality enhancements, bug fixes and augmented privacy.

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