The Privacy Problem Blocking Institutions From Crypto

cryptocurrency 6 hours ago
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Institutions won't touch crypto until privacy is a given Think of it this way. You're BlackRock sending JP Morgan money from one bank account to another, would you want everybody to see that? The problem with public blockchains is that even if nobody knows whose accounts they are, everyone can see the money move, and decent onchain analysis probably ties it back to you. Now Ethereum Foundation researchers are launching ETH Systems, an institutional grade privacy system with confidential transfers, private bond issuance, and confidential settlement. #Ethereum #Privacy #Crypto #Institutions #DeFi
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