Summary
- "Paul Prody, head of blockchain at Ernst & Young, pointed out that Ethereum (ETH) must resolve privacy issues."
- "Prody said that without privacy features, transaction histories can be easily traced back, exposing sensitive information."
- "He said that in the future all transactions and operations will take place on Ethereum."
On the 29th (local time), according to DL News, a crypto asset (cryptocurrency) specialist media, Paul Prody, head of blockchain at consulting giant Ernst & Young (EY), pointed out that Ethereum (ETH) must address privacy issues as banks enter the crypto asset market.
Prody said, "Without privacy features, it is easy to trace back who bought what, from whom, and how much," emphasizing, "This is very sensitive information."
He added, "In the future, all transactions and operations will take place on Ethereum."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
