贝莱德和公共区块链：新方向

随着贝莱德决定青睐公共区块链，尤其是以太坊，传统金融世界正处于转型之中

The world of traditional finance is undergoing a transformation with BlackRock’s decision to favor public blockchains, notably Ethereum, for its blockchain-based financial products. This major shift marks a turning point in the adoption of public blockchains. It also opens the door to a deeper integration of this technology into the workings of financial markets.

随着贝莱德决定在其基于区块链的金融产品中青睐公共区块链，尤其是以太坊，传统金融世界正在经历一场变革。这一重大转变标志着公共区块链采用的转折点。它还为将该技术更深入地融入金融市场运作打开了大门。

BlackRock and public blockchains: a new direction

贝莱德和公共区块链：新方向

Until now, BlackRock tended to favor private blockchains. However, experience has shown that public blockchains, like Ethereum, offer significant advantages in terms of transparency, accessibility, and governance.

到目前为止，贝莱德倾向于青睐私有区块链。然而，经验表明，像以太坊这样的公共区块链在透明度、可访问性和治理方面具有显着的优势。

Transparency on Ethereum

以太坊的透明度

Transactions on Ethereum are visible to everyone, allowing investors to track capital flows in real-time and ensure the proper execution of operations. This increased transparency is essential for:

以太坊上的交易对所有人都是可见的，使投资者能够实时跟踪资金流向并确保操作的正确执行。提高透明度对于以下方面至关重要：

Ensuring that investment mandates are being followed precisely.

确保准确遵循投资指令。

Monitoring the performance of fund managers and holding them accountable for their actions.

监督基金经理的绩效并让他们对其行为负责。

Capital flows can be tracked down to the smallest detail, providing investors with a clear view of how their funds are being allocated and used.

资本流动可以追踪到最小的细节，让投资者清楚地了解他们的资金是如何分配和使用的。

Accessibility

无障碍

Public blockchains (like Ethereum) are open to everyone. This allows anyone to participate in the network and interact with decentralized applications (dApps) built on them. This open accessibility fosters innovation and the creation of new financial products.

公共区块链（如以太坊）向所有人开放。这允许任何人参与网络并与基于其构建的去中心化应用程序（dApp）进行交互。这种开放的访问方式促进了创新和新金融产品的创造。

Anyone can build and deploy applications on Ethereum, creating a vast ecosystem of decentralized services.

任何人都可以在以太坊上构建和部署应用程序，创建一个庞大的去中心化服务生态系统。

Developers have the freedom to experiment and build new financial instruments, ranging from synthetic assets to derivatives.

开发人员可以自由地试验和构建新的金融工具，从合成资产到衍生品。

The open nature of public blockchains enables anyone to participate in the financial markets, regardless of their location or background.

公共区块链的开放性使任何人都可以参与金融市场，无论其位置或背景如何。

Governance

治理

Ethereum and all other public blockchains are managed in a decentralized manner. users have a say in the development and evolution of the platform. This participatory governance promotes accountability.

以太坊和所有其他公共区块链均以去中心化的方式进行管理。用户对平台的发展和演变有发言权。这种参与式治理促进了问责制。

The community of users, developers, and validators governs the platform, ensuring that it remains aligned with the needs of its users.

用户、开发人员和验证者社区负责管理该平台，确保其始终满足用户的需求。

This decentralized governance model fosters long-term sustainability and ensures that the platform is not controlled by any single entity.

这种去中心化的治理模式促进了长期可持续性，并确保平台不受任何单一实体的控制。

BlackRock’s first tokenization project on Ethereum

贝莱德在以太坊上的第一个代币化项目

To solidify its commitment to public blockchains, BlackRock launched its first tokenization project on the Ethereum blockchain.

为了巩固其对公共区块链的承诺，贝莱德在以太坊区块链上推出了第一个代币化项目。

This project involves converting a traditional investment fund, “Institutional Digital Liquidity,” into digital tokens based on Ethereum. These digital tokens, denominated in USD Coin (USDC), provide investors with transparent and secure access to portfolio diversification.

该项目涉及将传统投资基金“机构数字流动性”转换为基于以太坊的数字代币。这些数字代币以美元硬币 (USDC) 计价，为投资者提供透明、安全的投资组合多元化途径。

The fund spans various asset classes, including equities, bonds, and real estate, offering investors diverse exposure within a single token.

该基金涵盖股票、债券和房地产等多种资产类别，为投资者提供单一代币的多样化投资。

Investors can easily track the performance and allocation of the fund thanks to the inherent transparency of Ethereum.

由于以太坊固有的透明度，投资者可以轻松跟踪基金的表现和分配。

This tokenization initiative marks a significant step in merging traditional finance with the capabilities of public blockchains.

这一代币化举措标志着传统金融与公共区块链功能融合的重要一步。

BlackRock’s adoption of Ethereum is a strong signal of the growing maturity of the cryptocurrency market. It also highlights the potential for public blockchains to revolutionize the financial industry by offering greater transparency, accessibility, and participation.

贝莱德采用以太坊是加密货币市场日益成熟的强烈信号。它还强调了公共区块链通过提供更大的透明度、可访问性和参与性来彻底改变金融业的潜力。