ERC-7943 Author Says Institutions Can’t Play DeFi’s ‘Pirate Game’
The author of the new ERC-7943 standard argues that traditional institutions require regulated, compliant blockchain infrastructure rather than the open, permissionless nature of DeFi.Summary
Dario Lo Buglio, co-founder of Brickken and author of the ERC-7943 (uRWA) token standard, argues that the fragmented infrastructure of decentralized finance (DeFi) is ill-suited for regulated institutional assets. Unlike traditional DeFi, which often prioritizes open access and speculative activity, institutional investors require identity frameworks, compliance-oriented controls, and interoperability. While current standards like ERC-3643 address some security needs, ERC-7943 aims to provide a flexible framework for moving tokenized real-world assets (RWAs) across various compliance systems and blockchain environments. As institutions seek privacy and predictable yields, the industry is increasingly divided between public, transparent DeFi systems and privacy-preserving networks like the Canton Network.
(Source：Cointelegraph)