Account-By-Account

Definition ∞ Account-By-Account refers to the individual examination of each distinct financial record or digital asset holding. This approach involves scrutinizing specific ledger entries or user balances separately, rather than aggregating them. It provides granular transparency regarding asset provenance, transaction history, and ownership details within a blockchain or centralized system. Such detailed analysis is crucial for auditing and compliance efforts.
Context ∞ The push for Account-By-Account transparency often surfaces in discussions concerning regulatory oversight of cryptocurrency exchanges and decentralized finance platforms. News reports frequently highlight how this level of data availability can assist in combating illicit financial activities and verifying proof of reserves. Future developments may involve advanced cryptographic methods to permit selective disclosure of account details while maintaining user privacy.