Speaker: Alex Batlin

Scams and hacks have become high-profile in the nascent but fast-growing DeFi market, introducing the risk that investor funds can be lost. Either the code behind a smart contract could be compromised or there might be suspicious activity behind the counterparties’ trading addresses. Currently, institutional and private investors transacting on Ethereum have to interpret the code or hash data behind all smart contracts before the transaction can be completed. How can custodians look to secure smart contract transactions and simplify them in human-readable form for end-users? As digital assets are borderless, what are the regulatory implications that have to be addressed when dealing with smart contracts and how do custodians help?