We are now seeing the ICOs of the new decade, it's no longer self-made projects grab money from investors to then let them fail and close shop, now we have big money getting involved, the banks, and governments trying to get their piece of the cake.
That is BloxRoute (to name one) looks like to me, a new project launched for a private company to do that same that they've always, but now with blockchain, the problem is that they will have full control (in time), so what is the point of using them instead of a regular private network? They aren't trying to solve the economic problems and the vulnerabilities in the blockchain tech, their "solution" is only something momentary, and it only serves THEIR needs.
Banks must be eager as well to jump in and use their reputation to keep using their customer money as theirs, there is no point for the ones that are into crypto go with a centralized blockchain, but the people that have been afraid of could be a easy target for this corporations.
I want to know the point of view of the hive community about it, this is something that most likely will hurt the crypto reputation in the long run.
