\n
- Institutional DeFi would also require W3C verifiable credentials<\/a> to identify and verify credentials, this is due to the regulatory requirements. <\/li><\/ul>\n\n\n\n
- Lobban explained at Consensus 2022 that verifiable credentials aren't held on-chain which means there wouldn't be the overhead involved in writing this kind of information to the blockchain, paying for\u00a0gas fees<\/a>, etc. These platforms would have to be authorized to trade on behalf of a bank.<\/li><\/ul>\n","post_title":"J.P. Morgan Plans To Launch Multi-Trillion Dollar \"Institutional DeFi\"","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"j-p-morgan-plans-to-launch-multi-trillion-dollar-institutional-defi","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/defi\/\nhttps:\/\/www.thedistributed.co\/blockchain-protocol\/","post_modified":"2023-04-11 00:14:04","post_modified_gmt":"2023-04-10 14:14:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5726","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
