Anti-Corruption

Definition ∞ Anti-corruption refers to measures and policies designed to prevent and detect illicit activities such as bribery, fraud, and embezzlement. Within the digital asset space, these efforts utilize blockchain’s transparency and immutability to create verifiable transaction records. This approach helps to reduce opportunities for malfeasance and enhance accountability across financial systems.
Context ∞ The current focus on anti-corruption in crypto involves leveraging distributed ledger technology for greater transactional visibility and integrity. A key discussion addresses how blockchain can counter illicit finance by providing an unalterable audit trail. Future developments include integrating advanced analytics and artificial intelligence to identify suspicious patterns in real-time.