C&aacute;c t&#7893; ch&#7913;c t&agrave;i ch&iacute;nh &#273;ang d&#7847;n r&#7901;i xa Ethereum (ETH) v&agrave; ch&#7885;n c&aacute;c blockchain &#273;&#432;&#7907;c t&#7841;o ra nh&#7857;m &#273;&aacute;p &#7913;ng nhu c&#7847;u c&#7911;a h&#7885;.
Nh&#7919;ng ph&aacute;t tri&#7875;n g&#7847;n &#273;&acirc;y, nh&#432; vi&#7879;c Klarna ra m&#7855;t stablecoin c&#7911;a m&igrave;nh tr&ecirc;n m&#7897;t m&#7841;ng l&#432;&#7899;i thay th&#7871; v&agrave; s&#7921; gia t&#259;ng c&#7911;a c&aacute;c chu&#7895;i t&#7853;p trung v&agrave;o quy&#7873;n ri&ecirc;ng t&#432; nh&#432; Canton, &#273;&#7863;t ra c&acirc;u h&#7887;i v&#7873; s&#7921; th&#7889;ng tr&#7883; c&#7911;a m&#7841;ng l&#432;&#7899;i n&agrave;y.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-corporate-blockchain-adoption-signals-new-threat-to-ethereum-here-s-why">Vi&#7879;c &aacute;p d&#7909;ng blockchain doanh nghi&#7879;p b&aacute;o hi&#7879;u m&#7889;i &#273;e d&#7885;a m&#7899;i cho Ethereum: &#272;&acirc;y l&agrave; l&yacute; do</h2>

<a href="https://vn.beincrypto.com/klarna-launches-klarnausd-stablecoin/" target="_blank" rel="noreferrer noopener">V&agrave;o ng&agrave;y 25/11, Klarna th&ocirc;ng b&aacute;o</a> KlarnaUSD, tr&#7903; th&agrave;nh ng&acirc;n h&agrave;ng &#273;&#7847;u ti&ecirc;n ph&aacute;t h&agrave;nh <a href="https://vn.beincrypto.com/genius-act-stablecoins-treasury-purchases-2025/" target="_blank" rel="noreferrer noopener">m&#7897;t stablecoin tr&ecirc;n Tempo</a>, m&#7897;t blockchain thanh to&aacute;n t&#7915; Stripe v&agrave; Paradigm. Quy&#7871;t &#273;&#7883;nh n&agrave;y &#273;&atilde; l&agrave;m d&#7845;y l&ecirc;n tranh lu&#7853;n trong c&#7897;ng &#273;&#7891;ng ti&#7873;n &#273;i&#7879;n t&#7917;. M&#7897;t s&#7889; ng&#432;&#7901;i xem &#273;&acirc;y l&agrave; m&#7897;t t&iacute;n hi&#7879;u ti&ecirc;u c&#7921;c cho Ethereum.
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&ldquo;C&oacute; ai &#273;&oacute; n&oacute;i cho t&ocirc;i bi&#7871;t t&#7841;i sao &#273;i&#7873;u n&agrave;y kh&ocirc;ng ph&#7843;i l&agrave; t&iacute;n hi&#7879;u ti&ecirc;u c&#7921;c cho Ethereum? M&#7897;t c&ocirc;ng ty fintech l&#7899;n v&#7899;i &#273;&#7897;ng th&aacute;i l&#7899;n v&agrave;o stablecoins kh&ocirc;ng ph&aacute;t h&agrave;nh tr&ecirc;n Ethereum. N&#7871;u kh&ocirc;ng c&oacute; Tempo th&igrave; stablecoin n&agrave;y c&oacute; l&#7869; &#273;&atilde; ph&aacute;t h&agrave;nh tr&ecirc;n Ethereum ho&#7863;c m&#7897;t l&#7899;p 2 c&#7911;a ETH&hellip; Tempo &#273;ang l&#7845;y &#273;i th&#7883; ph&#7847;n kh&#7887;i th&#7913; v&#7889;n l&agrave; l&yacute; do ch&iacute;nh &#273;&#7875; &#273;&#7847;u t&#432; v&agrave;o Ethereum: stablecoins,&rdquo; m&#7897;t nh&agrave; ph&acirc;n t&iacute;ch <a href="https://x.com/alpha_pls/status/1993338499706081332" target="_blank" rel="noreferrer noopener nofollow">n&oacute;i</a>.
</blockquote>

Ethereum <a href="https://vn.beincrypto.com/solana-stablecoin-market-cap-soars-genius-act/" target="_blank" rel="noreferrer noopener">l&#432;u tr&#7919; c&aacute;c stablecoin l&#7899;n</a>, bao g&#7891;m Tether (USDT) v&agrave; USDC (USDC), hai &#273;&#7891;ng coin n&agrave;y chi&#7871;m tr&ecirc;n 100 t&#7927; USD v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng. Ch&uacute;ng t&#7841;o ra l&#432;u l&#432;&#7907;ng m&#7841;ng l&#432;&#7899;i v&agrave; ph&iacute; &#273;&aacute;ng k&#7875;. B&#7857;ng c&aacute;ch ch&#7885;n Tempo, Klarna l&aacute;ch qua h&#7879; sinh th&aacute;i c&#7911;a Ethereum, kh&#7843; n&#259;ng cao s&#7869; l&agrave;m ph&acirc;n t&aacute;n ngu&#7891;n thanh kho&#7843;n v&agrave; &#273;&#7893;i m&#7899;i.
M&#7897;t nh&agrave; ph&acirc;n t&iacute;ch kh&aacute;c, Zach Rynes, nh&#7845;n m&#7841;nh r&#7857;ng quy&#7871;t &#273;&#7883;nh c&#7911;a Klarna cho th&#7845;y r&#7857;ng c&aacute;c blockchain do doanh nghi&#7879;p tri&#7875;n khai &#273;ang nh&#7853;n &#273;&#432;&#7907;c s&#7921; ch&#7845;p nh&#7853;n, trong khi c&aacute;c chu&#7895;i c&ocirc;ng khai ti&#7871;p t&#7909;c b&#7883; c&aacute;c c&ocirc;ng ty fintech l&#7899;n l&#7845;n &aacute;t.
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&ldquo;M&#7897;t s&#7921; x&aacute;c nh&#7853;n kh&aacute;c r&#7857;ng chu&#7895;i L1 c&#7911;a doanh nghi&#7879;p &#273;&atilde; t&#7891;n t&#7841;i v&#7919;ng ch&#7855;c v&agrave; r&#7857;ng chu&#7895;i c&ocirc;ng khai b&#7841;n th&iacute;ch th&uacute; #375936 &#273;ang b&#7883; c&aacute;c c&ocirc;ng ty fintech l&#7899;n ti&#7871;p t&#7909;c &aacute;p &#273;&#7843;o,&rdquo; &ocirc;ng <a href="https://x.com/ChainLinkGod/status/1993370367575158801" target="_blank" rel="noreferrer noopener nofollow">n&oacute;i</a>.
</blockquote>

S&#7921; ph&aacute;t tri&#7875;n c&#7911;a M&#7841;ng l&#432;&#7899;i Canton ch&#7913;ng minh r&otilde; &#273;i&#7873;u n&agrave;y. &#272;&acirc;y l&agrave; m&#7897;t <a href="https://beincrypto.com/learn/layer-1-vs-layer-2/" target="_blank" rel="noreferrer noopener">m&#7841;ng l&#432;&#7899;i Layer 1</a> &#273;&#432;&#7907;c x&acirc;y d&#7921;ng v&#7899;i quy&#7873;n ri&ecirc;ng t&#432; l&agrave;m tr&#7885;ng t&acirc;m. C&aacute;c t&#7893; ch&#7913;c c&oacute; th&#7875; ch&#7885;n m&#7913;c &#273;&#7897; r&otilde; r&agrave;ng ho&#7863;c h&#7841;n ch&#7871; ho&#7841;t &#273;&#7897;ng c&#7911;a h&#7885;, cho ph&eacute;p thi&#7871;t l&#7853;p c&aacute;c h&#7879; th&#7889;ng t&#7915; kh&ocirc;ng c&#7847;n c&#7845;p ph&eacute;p &#273;&#7871;n ho&agrave;n to&agrave;n ri&ecirc;ng t&#432;.
M&#7863;c d&ugrave; c&oacute; s&#7921; kh&aacute;c bi&#7879;t n&agrave;y, c&aacute;c &#7913;ng d&#7909;ng tr&ecirc;n Canton v&#7851;n c&oacute; th&#7875; k&#7871;t n&#7889;i v&agrave; t&#432;&#417;ng t&aacute;c tr&ecirc;n to&agrave;n m&#7841;ng l&#432;&#7899;i. N&#7873;n t&#7843;ng T&agrave;i s&#7843;n K&#7929; thu&#7853;t s&#7889; c&#7911;a Goldman Sachs (GS DAP) s&#7917; d&#7909;ng m&#7841;ng l&#432;&#7899;i Canton m&#7897;t c&aacute;ch t&#7921; nhi&ecirc;n.
&#272;&aacute;ng ch&uacute; &yacute;, Canton th&#7875; hi&#7879;n m&#7897;t m&#7913;c &#273;&#7897; hi&#7879;u qu&#7843; v&#7889;n &#273;&aacute;ng k&#7875;, s&#7843;n xu&#7845;t kho&#7843;ng 96 USD RWA (gi&aacute; tr&#7883; b&#7883; kh&oacute;a t&#7893;ng c&#7897;ng) cho m&#7895;i 1 USD v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng. Ng&#432;&#7907;c l&#7841;i, Ethereum t&#7841;o ra kho&#7843;ng 0.03 USD RWA cho m&#7895;i 1 USD v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng.
<img style="height:400px;width:640px;" decoding="async" src="https://assets.beincrypto.com/img/frr5avOavFAGifwgD4g3SJBV0RA=/smart/3ca7d63b62334537809d682d6b1675d1" alt="RWA TVL comparison chart" class="wp-image-776999">So s&aacute;nh RWA TVL tr&ecirc;n m&#7895;i &#273;&ocirc; v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng. Ngu&#7891;n: <a href="https://x.com/MattMena__/status/1990391176168456695" target="_blank" rel="noreferrer noopener nofollow">X/MattMena__</a>

Nh&#432;ng t&#7841;i sao c&aacute;c t&#7893; ch&#7913;c l&#7841;i r&#7901;i b&#7887; Ethereum? <a href="https://vn.beincrypto.com/monero-surges-20-as-privacy-coin-rotation-intensifies/" target="_blank" rel="noreferrer noopener">Quy&#7873;n ri&ecirc;ng t&#432; c&oacute; th&#7875; l&agrave; &#273;&#7897;ng l&#7921;c ch&iacute;nh</a> cho s&#7921; di c&#432; n&agrave;y. C&aacute;c blockchain c&ocirc;ng khai nh&#432; <a href="https://vn.beincrypto.com/bitcoin-price-in-consolidation-not-reversal/" target="_blank" rel="noopener">Ethereum</a> l&agrave;m cho t&#7845;t c&#7843; c&aacute;c giao d&#7883;ch tr&#7903; n&ecirc;n th&#7845;y &#273;&#432;&#7907;c m&atilde;i m&atilde;i, &#273;&acirc;y l&agrave; m&#7897;t th&aacute;ch th&#7913;c l&#7899;n cho c&aacute;c t&#7893; ch&#7913;c.
Khi c&aacute;c ng&acirc;n h&agrave;ng ho&#7863;c doanh nghi&#7879;p chuy&#7875;n m&#7897;t l&#432;&#7907;ng l&#7899;n t&agrave;i s&#7843;n, s&#7921; minh b&#7841;ch n&agrave;y g&acirc;y ra r&#7911;i ro &#273;&aacute;ng k&#7875;. &#272;&#7889;i th&#7911; c&oacute; th&#7875; ph&acirc;n t&iacute;ch c&aacute;c m&ocirc; h&igrave;nh, giao d&#7883;ch tr&#432;&#7899;c <a href="https://x.com/YashasEdu/status/1983860163288428841" target="_blank" rel="noreferrer noopener nofollow">giao d&#7883;ch</a>, v&agrave; kh&aacute;m ph&aacute; c&aacute;c m&#7889;i quan h&#7879; kinh doanh chi&#7871;n l&#432;&#7907;c.
Theo <a href="https://cotinetwork.medium.com/the-enterprise-blind-spot-why-your-web3-strategy-will-fail-without-a-confidentiality-plan-deee2b57c321" target="_blank" rel="noreferrer noopener nofollow">ph&acirc;n t&iacute;ch</a> c&#7911;a COTI Network, c&aacute;c doanh nghi&#7879;p &aacute;p d&#7909;ng Web3 th&#432;&#7901;ng b&#7887; qua s&#7921; minh b&#7841;ch c&#7911;a blockchain nh&#432; m&#7897;t v&#7845;n &#273;&#7873; ti&#7873;m &#7849;n. B&agrave;i vi&#7871;t ghi nh&#7853;n r&#7857;ng c&aacute;c blockchain c&ocirc;ng khai h&eacute; l&#7897; t&#7845;t c&#7843; c&aacute;c giao d&#7883;ch v&agrave; si&ecirc;u d&#7919; li&#7879;u, &#273;i&#7873;u n&agrave;y c&oacute; th&#7875; ti&#7871;t l&#7897; d&#7919; li&#7879;u nh&#7841;y c&#7843;m ho&#7863;c l&agrave;m suy y&#7871;u l&#7907;i th&#7871; &#273;&agrave;m ph&aacute;n. &#272;i&#7873;u n&agrave;y t&#7841;o ra m&#7889;i lo ng&#7841;i v&#7873; quy &#273;&#7883;nh v&#7899;i c&aacute;c lu&#7853;t nh&#432; GDPR v&agrave; l&#7897; ra c&aacute;c b&iacute; m&#7853;t th&#432;&#417;ng m&#7841;i.
S&#7921; kh&aacute;c bi&#7879;t n&agrave;y l&yacute; gi&#7843;i t&#7841;i sao c&aacute;c t&#7893; ch&#7913;c &#273;ang <a href="https://vn.beincrypto.com/qnb-taps-jpmorgans-kinexys-to-speed-up-cross-border-dollar-settlements/" target="_blank" rel="noreferrer noopener">x&acirc;y d&#7921;ng c&aacute;c blockchain t&#432; nh&acirc;n</a> ho&#7863;c t&igrave;m ki&#7871;m c&aacute;c m&#7841;ng c&ocirc;ng khai v&#7899;i quy &#273;&#7883;nh b&#7843;o v&#7879; quy&#7873;n ri&ecirc;ng t&#432; cao h&#417;n. S&#7921; minh b&#7841;ch, m&#7897;t &#273;&#7913;c t&iacute;nh &#273;&#432;&#7907;c ca t&#7909;ng trong crypto, t&#7841;o ra c&aacute;c y&#7871;u &#273;i&#7875;m khi x&#7917; l&yacute; c&aacute;c giao d&#7883;ch tr&#7883; gi&aacute; h&agrave;ng t&#7927; USD v&agrave; c&aacute;c m&#7889;i quan h&#7879; m&#7853;t.
Xu h&#432;&#7899;ng n&agrave;y cho th&#7845;y m&#7897;t s&#7921; ph&acirc;n t&aacute;ch: c&aacute;c m&#7841;ng c&ocirc;ng khai nh&#432; Ethereum cho m&#7909;c &#273;&iacute;ch phi t&#7853;p trung ho&#7863;c cho c&aacute;c nh&agrave; &#273;&#7847;u t&#432; nh&#7887; l&#7867;, trong khi c&aacute;c t&#7893; ch&#7913;c <a href="https://beincrypto.com/learn/private-blockchain/" target="_blank" rel="noreferrer noopener">chuy&#7875;n sang c&aacute;c chu&#7895;i ri&ecirc;ng t&#432; ho&#7863;c chuy&ecirc;n bi&#7879;t</a> v&#7899;i t&iacute;nh b&#7843;o m&#7853;t cao. Li&#7879;u Ethereum c&oacute; th&#7875; gi&agrave;nh l&#7841;i l&ograve;ng tin c&#7911;a c&aacute;c t&#7893; ch&#7913;c hay c&aacute;c m&#7841;ng chuy&ecirc;n bi&#7879;t s&#7869; chi&#7871;m &#432;u th&#7871; v&#7851;n ch&#432;a ch&#7855;c ch&#7855;n khi t&agrave;i ch&iacute;nh &#273;ang tr&#7843;i qua m&#7897;t cu&#7897;c chuy&#7875;n &#273;&#7893;i s&#7889; h&oacute;a.

Các tổ chức chuyển sang các blockchain được thiết kế riêng khi lo ngại về quyền riêng tư khiến họ rời xa Ethereum

C&aacute;c t&#7893; ch&#7913;c t&agrave;i ch&iacute;nh &#273;ang d&#7847;n r&#7901;i xa Ethereum (ETH) v&agrave; ch&#7885;n c&aacute;c blockchain &#273;&#432;&#7907;c t&#7841;o ra nh&#7857;m &#273;&aacute;p &#7913;ng nhu c&#7847;u c&#7911;a h&#7885;.
Nh&#7919;ng ph&aacute;t tri&#7875;n g&#7847;n &#273;&acirc;y, nh&#432; vi&#7879;c Klarna ra m&#7855;t stablecoin c&#7911;a m&igrave;nh tr&ecirc;n m&#7897;t m&#7841;ng l&#432;&#7899;i thay th&#7871; v&agrave; s&#7921; gia t&#259;ng c&#7911;a c&aacute;c chu&#7895;i t&#7853;p trung v&agrave;o quy&#7873;n ri&ecirc;ng t&#432; nh&#432; Canton, &#273;&#7863;t ra c&acirc;u h&#7887;i v&#7873; s&#7921; th&#7889;ng tr&#7883; c&#7911;a m&#7841;ng l&#432;&#7899;i n&agrave;y.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-corporate-blockchain-adoption-signals-new-threat-to-ethereum-here-s-why">Vi&#7879;c &aacute;p d&#7909;ng blockchain doanh nghi&#7879;p b&aacute;o hi&#7879;u m&#7889;i &#273;e d&#7885;a m&#7899;i cho Ethereum: &#272;&acirc;y l&agrave; l&yacute; do</h2>

<a href="https://vn.beincrypto.com/klarna-launches-klarnausd-stablecoin/" target="_blank" rel="noreferrer noopener">V&agrave;o ng&agrave;y 25/11, Klarna th&ocirc;ng b&aacute;o</a> KlarnaUSD, tr&#7903; th&agrave;nh ng&acirc;n h&agrave;ng &#273;&#7847;u ti&ecirc;n ph&aacute;t h&agrave;nh <a href="https://vn.beincrypto.com/genius-act-stablecoins-treasury-purchases-2025/" target="_blank" rel="noreferrer noopener">m&#7897;t stablecoin tr&ecirc;n Tempo</a>, m&#7897;t blockchain thanh to&aacute;n t&#7915; Stripe v&agrave; Paradigm. Quy&#7871;t &#273;&#7883;nh n&agrave;y &#273;&atilde; l&agrave;m d&#7845;y l&ecirc;n tranh lu&#7853;n trong c&#7897;ng &#273;&#7891;ng ti&#7873;n &#273;i&#7879;n t&#7917;. M&#7897;t s&#7889; ng&#432;&#7901;i xem &#273;&acirc;y l&agrave; m&#7897;t t&iacute;n hi&#7879;u ti&ecirc;u c&#7921;c cho Ethereum.
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&ldquo;C&oacute; ai &#273;&oacute; n&oacute;i cho t&ocirc;i bi&#7871;t t&#7841;i sao &#273;i&#7873;u n&agrave;y kh&ocirc;ng ph&#7843;i l&agrave; t&iacute;n hi&#7879;u ti&ecirc;u c&#7921;c cho Ethereum? M&#7897;t c&ocirc;ng ty fintech l&#7899;n v&#7899;i &#273;&#7897;ng th&aacute;i l&#7899;n v&agrave;o stablecoins kh&ocirc;ng ph&aacute;t h&agrave;nh tr&ecirc;n Ethereum. N&#7871;u kh&ocirc;ng c&oacute; Tempo th&igrave; stablecoin n&agrave;y c&oacute; l&#7869; &#273;&atilde; ph&aacute;t h&agrave;nh tr&ecirc;n Ethereum ho&#7863;c m&#7897;t l&#7899;p 2 c&#7911;a ETH&hellip; Tempo &#273;ang l&#7845;y &#273;i th&#7883; ph&#7847;n kh&#7887;i th&#7913; v&#7889;n l&agrave; l&yacute; do ch&iacute;nh &#273;&#7875; &#273;&#7847;u t&#432; v&agrave;o Ethereum: stablecoins,&rdquo; m&#7897;t nh&agrave; ph&acirc;n t&iacute;ch <a href="https://x.com/alpha_pls/status/1993338499706081332" target="_blank" rel="noreferrer noopener nofollow">n&oacute;i</a>.
</blockquote>

Ethereum <a href="https://vn.beincrypto.com/solana-stablecoin-market-cap-soars-genius-act/" target="_blank" rel="noreferrer noopener">l&#432;u tr&#7919; c&aacute;c stablecoin l&#7899;n</a>, bao g&#7891;m Tether (USDT) v&agrave; USDC (USDC), hai &#273;&#7891;ng coin n&agrave;y chi&#7871;m tr&ecirc;n 100 t&#7927; USD v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng. Ch&uacute;ng t&#7841;o ra l&#432;u l&#432;&#7907;ng m&#7841;ng l&#432;&#7899;i v&agrave; ph&iacute; &#273;&aacute;ng k&#7875;. B&#7857;ng c&aacute;ch ch&#7885;n Tempo, Klarna l&aacute;ch qua h&#7879; sinh th&aacute;i c&#7911;a Ethereum, kh&#7843; n&#259;ng cao s&#7869; l&agrave;m ph&acirc;n t&aacute;n ngu&#7891;n thanh kho&#7843;n v&agrave; &#273;&#7893;i m&#7899;i.
M&#7897;t nh&agrave; ph&acirc;n t&iacute;ch kh&aacute;c, Zach Rynes, nh&#7845;n m&#7841;nh r&#7857;ng quy&#7871;t &#273;&#7883;nh c&#7911;a Klarna cho th&#7845;y r&#7857;ng c&aacute;c blockchain do doanh nghi&#7879;p tri&#7875;n khai &#273;ang nh&#7853;n &#273;&#432;&#7907;c s&#7921; ch&#7845;p nh&#7853;n, trong khi c&aacute;c chu&#7895;i c&ocirc;ng khai ti&#7871;p t&#7909;c b&#7883; c&aacute;c c&ocirc;ng ty fintech l&#7899;n l&#7845;n &aacute;t.
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&ldquo;M&#7897;t s&#7921; x&aacute;c nh&#7853;n kh&aacute;c r&#7857;ng chu&#7895;i L1 c&#7911;a doanh nghi&#7879;p &#273;&atilde; t&#7891;n t&#7841;i v&#7919;ng ch&#7855;c v&agrave; r&#7857;ng chu&#7895;i c&ocirc;ng khai b&#7841;n th&iacute;ch th&uacute; #375936 &#273;ang b&#7883; c&aacute;c c&ocirc;ng ty fintech l&#7899;n ti&#7871;p t&#7909;c &aacute;p &#273;&#7843;o,&rdquo; &ocirc;ng <a href="https://x.com/ChainLinkGod/status/1993370367575158801" target="_blank" rel="noreferrer noopener nofollow">n&oacute;i</a>.
</blockquote>

S&#7921; ph&aacute;t tri&#7875;n c&#7911;a M&#7841;ng l&#432;&#7899;i Canton ch&#7913;ng minh r&otilde; &#273;i&#7873;u n&agrave;y. &#272;&acirc;y l&agrave; m&#7897;t <a href="https://beincrypto.com/learn/layer-1-vs-layer-2/" target="_blank" rel="noreferrer noopener">m&#7841;ng l&#432;&#7899;i Layer 1</a> &#273;&#432;&#7907;c x&acirc;y d&#7921;ng v&#7899;i quy&#7873;n ri&ecirc;ng t&#432; l&agrave;m tr&#7885;ng t&acirc;m. C&aacute;c t&#7893; ch&#7913;c c&oacute; th&#7875; ch&#7885;n m&#7913;c &#273;&#7897; r&otilde; r&agrave;ng ho&#7863;c h&#7841;n ch&#7871; ho&#7841;t &#273;&#7897;ng c&#7911;a h&#7885;, cho ph&eacute;p thi&#7871;t l&#7853;p c&aacute;c h&#7879; th&#7889;ng t&#7915; kh&ocirc;ng c&#7847;n c&#7845;p ph&eacute;p &#273;&#7871;n ho&agrave;n to&agrave;n ri&ecirc;ng t&#432;.
M&#7863;c d&ugrave; c&oacute; s&#7921; kh&aacute;c bi&#7879;t n&agrave;y, c&aacute;c &#7913;ng d&#7909;ng tr&ecirc;n Canton v&#7851;n c&oacute; th&#7875; k&#7871;t n&#7889;i v&agrave; t&#432;&#417;ng t&aacute;c tr&ecirc;n to&agrave;n m&#7841;ng l&#432;&#7899;i. N&#7873;n t&#7843;ng T&agrave;i s&#7843;n K&#7929; thu&#7853;t s&#7889; c&#7911;a Goldman Sachs (GS DAP) s&#7917; d&#7909;ng m&#7841;ng l&#432;&#7899;i Canton m&#7897;t c&aacute;ch t&#7921; nhi&ecirc;n.
&#272;&aacute;ng ch&uacute; &yacute;, Canton th&#7875; hi&#7879;n m&#7897;t m&#7913;c &#273;&#7897; hi&#7879;u qu&#7843; v&#7889;n &#273;&aacute;ng k&#7875;, s&#7843;n xu&#7845;t kho&#7843;ng 96 USD RWA (gi&aacute; tr&#7883; b&#7883; kh&oacute;a t&#7893;ng c&#7897;ng) cho m&#7895;i 1 USD v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng. Ng&#432;&#7907;c l&#7841;i, Ethereum t&#7841;o ra kho&#7843;ng 0.03 USD RWA cho m&#7895;i 1 USD v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng.
<img style="height:400px;width:640px;"decoding="async" src="https://assets.beincrypto.com/img/frr5avOavFAGifwgD4g3SJBV0RA=/smart/3ca7d63b62334537809d682d6b1675d1" alt="RWA TVL comparison chart" class="wp-image-776999">So s&aacute;nh RWA TVL tr&ecirc;n m&#7895;i &#273;&ocirc; v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng. Ngu&#7891;n: <a href="https://x.com/MattMena__/status/1990391176168456695" target="_blank" rel="noreferrer noopener nofollow">X/MattMena__</a>

Nh&#432;ng t&#7841;i sao c&aacute;c t&#7893; ch&#7913;c l&#7841;i r&#7901;i b&#7887; Ethereum? <a href="https://vn.beincrypto.com/monero-surges-20-as-privacy-coin-rotation-intensifies/" target="_blank" rel="noreferrer noopener">Quy&#7873;n ri&ecirc;ng t&#432; c&oacute; th&#7875; l&agrave; &#273;&#7897;ng l&#7921;c ch&iacute;nh</a> cho s&#7921; di c&#432; n&agrave;y. C&aacute;c blockchain c&ocirc;ng khai nh&#432; <a href="https://vn.beincrypto.com/bitcoin-price-in-consolidation-not-reversal/" target="_blank" rel="noopener">Ethereum</a> l&agrave;m cho t&#7845;t c&#7843; c&aacute;c giao d&#7883;ch tr&#7903; n&ecirc;n th&#7845;y &#273;&#432;&#7907;c m&atilde;i m&atilde;i, &#273;&acirc;y l&agrave; m&#7897;t th&aacute;ch th&#7913;c l&#7899;n cho c&aacute;c t&#7893; ch&#7913;c.
Khi c&aacute;c ng&acirc;n h&agrave;ng ho&#7863;c doanh nghi&#7879;p chuy&#7875;n m&#7897;t l&#432;&#7907;ng l&#7899;n t&agrave;i s&#7843;n, s&#7921; minh b&#7841;ch n&agrave;y g&acirc;y ra r&#7911;i ro &#273;&aacute;ng k&#7875;. &#272;&#7889;i th&#7911; c&oacute; th&#7875; ph&acirc;n t&iacute;ch c&aacute;c m&ocirc; h&igrave;nh, giao d&#7883;ch tr&#432;&#7899;c <a href="https://x.com/YashasEdu/status/1983860163288428841" target="_blank" rel="noreferrer noopener nofollow">giao d&#7883;ch</a>, v&agrave; kh&aacute;m ph&aacute; c&aacute;c m&#7889;i quan h&#7879; kinh doanh chi&#7871;n l&#432;&#7907;c.
Theo <a href="https://cotinetwork.medium.com/the-enterprise-blind-spot-why-your-web3-strategy-will-fail-without-a-confidentiality-plan-deee2b57c321" target="_blank" rel="noreferrer noopener nofollow">ph&acirc;n t&iacute;ch</a> c&#7911;a COTI Network, c&aacute;c doanh nghi&#7879;p &aacute;p d&#7909;ng Web3 th&#432;&#7901;ng b&#7887; qua s&#7921; minh b&#7841;ch c&#7911;a blockchain nh&#432; m&#7897;t v&#7845;n &#273;&#7873; ti&#7873;m &#7849;n. B&agrave;i vi&#7871;t ghi nh&#7853;n r&#7857;ng c&aacute;c blockchain c&ocirc;ng khai h&eacute; l&#7897; t&#7845;t c&#7843; c&aacute;c giao d&#7883;ch v&agrave; si&ecirc;u d&#7919; li&#7879;u, &#273;i&#7873;u n&agrave;y c&oacute; th&#7875; ti&#7871;t l&#7897; d&#7919; li&#7879;u nh&#7841;y c&#7843;m ho&#7863;c l&agrave;m suy y&#7871;u l&#7907;i th&#7871; &#273;&agrave;m ph&aacute;n. &#272;i&#7873;u n&agrave;y t&#7841;o ra m&#7889;i lo ng&#7841;i v&#7873; quy &#273;&#7883;nh v&#7899;i c&aacute;c lu&#7853;t nh&#432; GDPR v&agrave; l&#7897; ra c&aacute;c b&iacute; m&#7853;t th&#432;&#417;ng m&#7841;i.
S&#7921; kh&aacute;c bi&#7879;t n&agrave;y l&yacute; gi&#7843;i t&#7841;i sao c&aacute;c t&#7893; ch&#7913;c &#273;ang <a href="https://vn.beincrypto.com/qnb-taps-jpmorgans-kinexys-to-speed-up-cross-border-dollar-settlements/" target="_blank" rel="noreferrer noopener">x&acirc;y d&#7921;ng c&aacute;c blockchain t&#432; nh&acirc;n</a> ho&#7863;c t&igrave;m ki&#7871;m c&aacute;c m&#7841;ng c&ocirc;ng khai v&#7899;i quy &#273;&#7883;nh b&#7843;o v&#7879; quy&#7873;n ri&ecirc;ng t&#432; cao h&#417;n. S&#7921; minh b&#7841;ch, m&#7897;t &#273;&#7913;c t&iacute;nh &#273;&#432;&#7907;c ca t&#7909;ng trong crypto, t&#7841;o ra c&aacute;c y&#7871;u &#273;i&#7875;m khi x&#7917; l&yacute; c&aacute;c giao d&#7883;ch tr&#7883; gi&aacute; h&agrave;ng t&#7927; USD v&agrave; c&aacute;c m&#7889;i quan h&#7879; m&#7853;t.
Xu h&#432;&#7899;ng n&agrave;y cho th&#7845;y m&#7897;t s&#7921; ph&acirc;n t&aacute;ch: c&aacute;c m&#7841;ng c&ocirc;ng khai nh&#432; Ethereum cho m&#7909;c &#273;&iacute;ch phi t&#7853;p trung ho&#7863;c cho c&aacute;c nh&agrave; &#273;&#7847;u t&#432; nh&#7887; l&#7867;, trong khi c&aacute;c t&#7893; ch&#7913;c <a href="https://beincrypto.com/learn/private-blockchain/" target="_blank" rel="noreferrer noopener">chuy&#7875;n sang c&aacute;c chu&#7895;i ri&ecirc;ng t&#432; ho&#7863;c chuy&ecirc;n bi&#7879;t</a> v&#7899;i t&iacute;nh b&#7843;o m&#7853;t cao. Li&#7879;u Ethereum c&oacute; th&#7875; gi&agrave;nh l&#7841;i l&ograve;ng tin c&#7911;a c&aacute;c t&#7893; ch&#7913;c hay c&aacute;c m&#7841;ng chuy&ecirc;n bi&#7879;t s&#7869; chi&#7871;m &#432;u th&#7871; v&#7851;n ch&#432;a ch&#7855;c ch&#7855;n khi t&agrave;i ch&iacute;nh &#273;ang tr&#7843;i qua m&#7897;t cu&#7897;c chuy&#7875;n &#273;&#7893;i s&#7889; h&oacute;a.