Opinion
Banks risk falling behind if they cling to private blockchains. Upgrading to public, permissioned layer-2 infrastructure with ZK-proofs is essential for modern finance.
The author is an independent contributor writing an opinion or expert take. Views expressed are the author’s own and may not reflect Cointelegraph’s editorial position. Igor Mandrigin is the co-founder and CTPO of Gateway.fm. Igor has played a role in developing and implementing blockchain protocols, including experience with Ethereum, L2s and sidechains. A former Ethereum Foundation researcher, Igor holds a master’s in computer science from Baltic State Technical University.
Banks risk falling behind if they cling to private blockchains. Upgrading to public, permissioned layer-2 infrastructure with ZK-proofs is essential for modern finance.