Industry-Owned Infrastructure

Definition ∞ Industry-owned infrastructure refers to shared systems and facilities developed and maintained collectively by a group of industry participants. This collaborative approach aims to standardize processes, reduce individual operational costs, and enhance overall market efficiency. It often involves joint ventures or consortia to build essential utilities. Such frameworks support common industry needs and foster innovation.
Context ∞ In the context of digital assets, industry-owned infrastructure is gaining prominence for establishing common standards and platforms for tokenized securities and wholesale payments. This collaborative model helps overcome fragmentation and promotes interoperability among diverse market participants. The collective investment reduces duplication and accelerates the adoption of new technologies.