A blockchain expert and the Chief Executive Officer of Zone, Obi Emetarom, has proposed the adoption of a regulated blockchain to address challenges facing the country’s financial services sector.
Emetarom made the proposal in a Whitepaper titled “Regulated Blockchain: Infrastructure for regulated DeFi, Foundation for a Golden Age in Finance.”
According to him, a regulated blockchain would address current financial services challenges such as regulatory uncertainty, inefficiencies in cross-border transactions, fraud risks, and high costs of services.
What is regulated blockchain?
Regulated Blockchain is a new approach to blockchain technology designed to make financial services more accessible while ensuring compliance with rules set by regulators.
- Unlike cryptocurrencies, which operate outside government control, regulated blockchain allows banks, fintech firms, and payment providers to use blockchain for faster, cheaper, and safer transactions—all under regulatory…