Which Blockchain will BlackRock use for RWAs?

[Abiky]

Guess which Blockchain will BlackRock use for Real World Assets (RWAs)? Will it be Hedera's Hashgraph, Ethereum, Solana, BSC, or XRP? Whichever it is, it seems that we'll be living in a future where we won't own anything. Tokenization of physical assets will only give more power to corporations and governments. Long gone will be the days where you'll actually hold something in your hands and truly own it. We're already seeing this with music streaming services, cloud gaming, etc. There were rumors that Larry Fink (BlackRock's CEO) was going to launch RWAs on Hashgraph. However, they were dismissed thereafter. Still, it might be a good time to "hodl" any of the aforementioned coins.

Thoughts? 

[goldkingcoiner]

Guess which Blockchain will BlackRock use for Real World Assets (RWAs)? Will it be Hedera's Hashgraph, Ethereum, Solana, BSC, or XRP? Whichever it is, it seems that we'll be living in a future where we won't own anything. Tokenization of physical assets will only give more power to corporations and governments. Long gone will be the days where you'll actually hold something in your hands and truly own it. We're already seeing this with music streaming services, cloud gaming, etc. There were rumors that Larry Fink (BlackRock's CEO) was going to launch RWAs on Hashgraph. However, they were dismissed thereafter. Still, it might be a good time to "hodl" any of the aforementioned coins.

Thoughts? 

I think they will go with the least riskiest and most trusted option. In other words, Ethereum. It has been around for a long time and has proven itself without much issue. And it is far more trusted than any of the others.

But there is the issue with the transaction fees being higher than the other options. So that might be a point they consider unacceptable.

[X-ray]

Probably they gonna deploy it in Ethereum, I mean they already deployed their tokenized fund in Ethereum blockchain called BUIDL and seemed to be having a success



so I kinda confident that it'll be ethereum. probably they also acknowledged the fact that there were so many big defis that starts from ethereum such as AAVE and there are many RWAs deployed in ETH as well such as MAKER.

[dansus021]

Guess which Blockchain will BlackRock use for Real World Assets (RWAs)? Will it be Hedera's Hashgraph, Ethereum, Solana, BSC, or XRP?

This question has an obvious answer and the answer is Ethereum  tho this is just my speculation but ethereum has a higher chance for the Blackrock's upcoming RWA project since ethereum is proven for their smart contract platform and the BlackRock itself already got the green light for the SEC for ETH ETF then why not deploying into ETH right?

XRP is good for transaction while the other Hedera Solana and BSC I don't think are going to be used

[Abiky]

I think they will go with the least riskiest and most trusted option. In other words, Ethereum. It has been around for a long time and has proven itself without much issue. And it is far more trusted than any of the others.

But there is the issue with the transaction fees being higher than the other options. So that might be a point they consider unacceptable.

High fees won't be much of a problem if they use any of the L2 networks available on Ethereum. This gives them the benefit of low costs and shorter settlement times. All without the need to switch from ETH to another token or cryptocurrency. Both Arbitrum and Optimism are the most popular and largest L2s available on the market (based on TVL), so BlackRock can choose one of them for their little experiment. Or the company can decide to make its own private chain (permissioned) where they can dictate the rules of the game (although it won't be as secure or reliable as the main ETH blockchain).

I think BlackRock will take Blockchain seriously now that they've successfully launched two ETFs (one for BTC and another for ETH). RWAs will happen whenever we like them or not. It won't be long enough before the "Elites" will own everything. I afraid it's too late to so something about it.