Banking will not become decentralized, but with blockchain, it will become accountable for both banks and clients.
Oleksii Konashevych is the author of Cross-Blockchain Protocol for Government Databases: The Technology for Public Registries and Smart Laws. He has been collaborating with the RMIT University’s blockchain innovation hub, researching the use of blockchain technology for e-governance and e-democracy, and works on the tokenization of real estate titles, digital IDs, public registries and e-voting. Oleksii co-authored a law on e-petitions in Ukraine, collaborating with the country’s presidential administration and serving as the manager of the nongovernmental e-Democracy Group from 2014–2016. In 2019, Oleksii participated in drafting a bill on Anti-Money Laundering and taxation for crypto assets in Ukraine.