South Korea
Block Media
Lee Jun-seok: 'Han River Project wallets can be traced'... Hyun Song Shin: 'Only involved parties can view data
- Rep. Lee Jun-seok (Reform Party) warned that in the Bank of Korea's Project Han River CBDC pilot, identifying a specific user's wallet address could allow transaction history to be traced across the shared blockchain ledger.
- The concern stems from the fact that multiple participating banks operate on the same blockchain ledger, raising the risk that one bank could view another bank's customer transaction data.
- The Bank of Korea, represented by Hyun Song Shin, countered that only the parties directly involved in a transaction can access the related transaction information, denying any risk of personal data exposure.