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Title: [2015-12-06] newsbtc : Bitcoin by Default is not Anonymous Post by: secone on December 07, 2015, 07:08:34 AM An increasing number of established financial institutions and international banking conglomerates have geared toward the distributed ledger technology of the Bitcoin network.
Some banks even offer customized banking and financial services to bitcoin startups and plan to offer bitcoin-based payment services to existing customers and institutional clients. However, due to strict financial regulations and policies, banks are required by law makers and law enforcement to keep a detailed record of sensitive customer data, including the origin of transactions, credit data and sensitive personal information linked to the transactions such as name, address and social security number. Since its birth in 2008, bitcoin has been recognized by the masses as the criminal’s payment network due to its “anonymity.” However, the fact is, bitcoin by default is not anonymous. http://www.newsbtc.com/2015/12/06/bitcoin-by-default-is-not-anonymous/ |