From what I'm seeing, this is the first time that this is being done. A blockchain platform will allow public and private applications to interoperate. AVA may have the potential to become the global issuance platform for all digital assets, and this is possible only because of its unique architectural model. They're releasing their codebase to the public and wanted to provide an advanced infrastructure for building decentralized finance (DeFi) applications, enabling anyone to launch their own blockchains with custom validators and issue assets under any required features and rulesets, including custom virtual machines and programmable legal compliance.
Can people use this effectively, and can companies benefit from this feature?
this new architecture model must have proven its model. We can back again to the when so many new architectures called DAG, Swap and many more have claimed to be the new models that could replace the existence of the blockchain. I doubt about it can meet the legal compliance caused by this must be going back to the what kind of the asset that already issued or created. Can people use this effectively, and can companies benefit from this feature?
That still needs the more research.
