India, Jan. 28 -- Digital assets, such as Bitcoin and Ethereum, have opened up exciting new possibilities. They let us send money across borders in seconds and operate outside the control of traditional banks. But with these perks comes a catch, financial activities are harder to keep private.

Blockchain technology is built for privacy and transparency, so every transaction is recorded on a public ledger, and anyone can trace the flow of funds from one wallet to another. However, it also means that someone can see what you've been doing with your money if they know your wallet address. This amount of openness makes some individuals feel like they live in a glass house-excellent for safety, but not so great for privacy.

Privacy Concerns ...