Equipped with a hammer, in search of a nail, it became clear to me that they didn’t really need anything that Blockchain was built for. In an effort to fit a square peg into a round hole, they invented the concept of Enterprise Blockchain, which was actually no different from any ledger system that had existed since Mesopotamian merchants’ clay tablets or an Oracle database. They decided the Enterprise Blockchain would be controlled by themselves. Every company with its own blockchain! Wow!