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Amid renewed debates around digital identity, AI ethics, and regulatory uncertainty, I turned to Frederik Gregaard for my Beincrypto interviews series. While many industry leaders fixate on market trends or protocol specs, Frederik talks about geopolitics, long-term civic infrastructure, and rebuilding global trust.  So what does it actually look like to build blockchain as public infrastructure? From AI integration to regulatory dynamics, here’s how the CEO of the Cardano Foundation sees the road ahead. What he shared challenged me to reconsider how far crypto can—and should—go. Not Just Governance—Cardano’s Blueprint for Public Digital Infrastructure When I asked Frederik about one of Cardano’s core missions—restoring trust in financial systems—he didn’t hesitate:  “Blockchain governance is fundamental to restoring trust in financial systems by embedding transparency and accountability directly into the infrastructure.”  He contrasted this sharply with traditional models, which, in his words, “operate as black boxes with centralized decision-making, often prioritizing institutional interests over users.” But governance is only part of the story. As Frederik explained, the real breakthrough lies in how blockchain reshapes the verification of financial information itself. “Today’s financial systems force us to wait 12–16 months for qualified audit statements that only reflect past situations, not current realities,” he said. “Blockchain enables near-instant verification of balance sheets and P&L statements through trusted intermediaries and third parties.” He emphasized how, by combining this real-time verification with technologies like Verified Credentials, we move away from systems rooted in mistrust and bureaucracy toward  “mechanisms of trust based on verified facts stored on immutable data infrastructure.” One example of this shift is Reeve, a Cardano-based application that enables organizations to publish their audited financial statements directly on-chain. Frederik described it as “a new standard for transparency, accountability, and trust in financial reporting.” And that same ethos—of transparency, decentralization, and representation—runs through Cardano’s governance…

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Filed under: News - @ June 11, 2025 11:25 am