Thank you.
We're hearing a lot about blockchain technology. Some suggest this technology is a solution for the problems of corruption, money laundering, etc. I understand that some foreign governments, for example, are putting land registries on blockchain systems so they can protect those registries from corrupt officials who may alter ownership records and to ensure that people can have security of title. On the other side, blockchain technology is used for cryptocurrencies, and we hear continuing suggestions that cryptocurrencies are tools of money laundering, illicit drug dealing, etc.
Can any of you discuss your evaluation of whether blockchain technology is a friend of transparency or an ally of corruption?