How the Trump Administration Could Transform the Cryptocurrency Landscape
A New Era for Blockchain Technology
Associate Professor Zikas emphasizes the fundamental differences between blockchain and the common architecture used by traditional financial systems like banks. While banks rely on private ledgers maintained by centralized entities, blockchain uses decentralized ledgers accessible to all participants. This transparency, he explains, is a double-edged sword: it enhances accountability but raises privacy concerns.
Associate Professor Zikas emphasizes the fundamental differences between blockchain and the common architecture used by traditional financial systems like banks. While banks rely on private ledgers maintained by centralized entities, blockchain uses decentralized ledgers accessible to all participants. This transparency, he explains, is a double-edged sword: it enhances accountability but raises privacy concerns.