Most blockchains failed institutions for one simple reason:
they treated privacy as an afterthought.
Bolt it on.
Patch it later.
Hope regulation catches up.
That approach worked for experiments.
It doesn’t work for financial systems.
Real infrastructure is boring, careful, and proof-driven.
It minimizes data.
It reduces liability.
It assumes adversaries exist.
The chains that win won’t be the ones shouting about decentralization.
They’ll be the ones quietly enabling verification
without exposure
and compliance without accumulation.
That’s how crypto stops asking for permission
and starts being trusted.
What do you think institutions actually need most right now?
#Miden