"Blockchain’s institutional adoption problem isn’t the technology." konstantin richter, Founder/CEO of @blockdaemonHQ at Stellar | Meridian Oct 28-29’s Meridian 2026 says it’s regulatory framing first. Second, providers need to understand how to work with institutions.

@konstantin11 @BlockdaemonHQ @StellarOrg He's got a point. The tech isn't the biggest hurdle anymore.

@konstantin11 @BlockdaemonHQ @StellarOrg Regulatory framing is half of it. Custody and settlement finality still decide whether bank balance sheets ever touch a public chain.

@konstantin11 @BlockdaemonHQ @StellarOrg regulatory framing first means the bank wants a name on the form. the tech was never the problem because the tech doesn't sign anything. institutions wait on the memo. retail never got one, so the name on the form is a guy in dayton with a rollover ira

@konstantin11 @BlockdaemonHQ @StellarOrg Ten years of "faster, cheaper, trustless" pitches to banks that only ever asked one thing: who is liable?

@konstantin11 @BlockdaemonHQ @StellarOrg institutions dont buy tech. they buy someone to blame when it breaks

@konstantin11 @BlockdaemonHQ @StellarOrg it was the paperwork all along

@konstantin11 @BlockdaemonHQ @StellarOrg the second point is the underrated one. a lot of crypto providers still sell like they're selling to traders. institutions buy audit trails, SLAs and someone who picks up at 2am. the tech was ready long before the paperwork was

@konstantin11 @BlockdaemonHQ @StellarOrg This is an important point about what it will take to bring traditional financial institutions on-chain. Understanding the regulatory environment is just as important as understanding the technology.

@konstantin11 @BlockdaemonHQ @StellarOrg Regulations and relationships, the real hurdles!

@konstantin11 @BlockdaemonHQ @StellarOrg Great insights from the Meridian stage!

@konstantin11 @BlockdaemonHQ @StellarOrg institutions want regulatory clarity retail just wants the coin to stop dumping every time they buy