Critics of blockchain forensic technology see the surveillance as a breach of a vital right to privacy. But the privacy features that blockchain technology introduces isn’t in its secrecy, but in its transparency.
The openness of transactions, paired with a setting of pseudonymity and limited personal information, creates an environment where secure and trusted transactions can take place without the need for a centralized entity overseeing the market.
In order for crypto to continue to evolve, Maini believes collaboration with regulators as an important step: “We shouldn't expect that crypto can really become part of mainstream financial services, if we don't have a layer of regulatory compliance around it.” How does blockchain analytics factor into policy changes?
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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard.”