Innovative blockchain technology balances privacy with regulatory compliance
Chinese Academy of SciencesBlockchain's inherent transparency, while beneficial for validation and trust, poses significant privacy concerns. Traditional transactions on public blockchains are permanently visible, compromising user privacy. This visibility has been a double-edged sword, providing transparency but at the cost of personal data exposure. A new protocol called Privacy Pools offers a potential solution to the seemingly contradictory goals of blockchain privacy and regulatory compliance.