# KKR on the Blockchain? By [jer979](https://paragraph.com/@jer979-2) · 2022-09-16 --- There was an article in the WSJ the other day, [KKR Widens Access to Fund on Blockchain](https://www.wsj.com/articles/kkr-makes-piece-of-pe-fund-available-on-public-blockchain-11663014955?mod=Searchresults_pos1&page=1) I can’t tell if this is a big deal or not because the article doesn’t make it clear. First of all, it says that KKR is making its funds “available on the public blockchain.” Uh, “THE” public blockchain? Aren’t there hundreds, if not thousands, of them. Which one? Then, it says they are using [Securitize](https://securitize.io/) to manage their back-end, but it’s not clear if Securitize uses a proprietary blockchain or a truly public one. So this could really be a story that reads “KKR deploys more efficient database,” which isn’t really newsworthy. Or it could be, the tokens are live on a public blockchain and freely tradable (but not really since they are only available to ‘qualified investors,’ which are ppl who have more than $5mm in liquid assets.) I suspect we are going to see a lot more of these types of articles, [like the one about Starbucks’ venture into “Web3.”](https://twitter.com/jer979/status/1569671604212498434) There’s going to be a lot of confusion about the difference between “using a blockchain” and “using a public blockchain.” Big companies will use a blockchain. Radical innovation will happen on the public blockchain. As Julien [said](https://twitter.com/julien51/status/1570383649035685889),

People in the web industry who dismiss crypto/web3 are doing the same mistake the Microsoft people did in the late 90'and early 2000.

They're looking at a point, while missing the trajectory and the destination.
— Jᵾlien Genestoux (@julien51) September 15, 2022

--- *Originally published on [jer979](https://paragraph.com/@jer979-2/kkr-on-the-blockchain)*