Privacy and accountability can coexist onchain, say panelists at Consensus Miami

Public blockchains make transactions traceable, but that transparency can come at the expense of user privacy. Speakers from Moody’s Ratings and ChangeNOW said that hybrid blockchain architecture and address-level monitoring can help solve both problems simultaneously. What to know : Crypto can support both user privacy and institutional accountability, speakers explained in a panel on the onchain “intelligence layer.” Moody’s strategist Rajeev Bamra said institutional digital finance has grown by “over 100 or 150%” in the past 18 months but, at roughly $35 billion, remains a fraction of the $200-trillion-plus in traditional clearing flows. ChangeNOW’s Pauline Shangett said the company maps wallet addresses rather than identities to respond to compliance and law-enforcement needs.