Balancing Blockchain Privacy and Regulatory Compliance
Privacy is one of the essential pillars for the widespread adoption of blockchains, but public blockchains are transparent by nature.
Interacting with a public blockchain means exposing personal information, financial asset holdings, and sensitive data to the public. We can utilise modern cryptographic techniques like zero-knowledge proofs to enable privacy, but the question is how to design privacy-enhancing Web3 technologies while discouraging bad actors from abusing those same technologies. We will discuss how we can balance blockchain privacy with the programmable disclosure of secrets and design regulatory-compliant applications on public blockchains.