Private blockchain may pose risks, report warns, but governance advantages

Private blockchain may pose risks, report warns, but governance advantages

Rating agency Moody’s has issued a warning against private, centralised blockchains, CoinDesk writes. Moody’s report entitled “Blockchain Improves Operational Efficiency for Securitizations, Amid New Risks” noted that private blockchain may not have consensus mechanisms as secure as public blockchains. In fact, those safeguards may be completely absent from some private chains, exposing them to fraud risks.