Summary:
- The article discusses the challenges of implementing "radically transparent" blockchains in business environments, where privacy and confidentiality are often crucial.
- It argues that while blockchains offer transparency and immutability, businesses may be hesitant to adopt them due to concerns over sensitive data and competitive information being publicly accessible.
- The article suggests that a balance between transparency and privacy is necessary for businesses to fully embrace blockchain technology, and that solutions like private blockchains or off-chain data storage may be more suitable for certain business use cases.