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16 May 2021
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Stellar Lumens (XLM) General Counsel Candace Kelly Discusses Current Security and Privacy Issues

SDF General Counsel Candace Kelly joined the Blockchain by Women Panel on Ensuring Privacy and Security of Digital Assets and Blockchain Apps.

This event focuses on blockchain’s advanced security and privacy features.  The applications built on them may or may not provide for the security and privacy features like the network on which they are built.

Experts discussed ensuring the protection of sensitive data, whether personal, company or government. Protection of sensitive data has become a bigger concern as Central Bank Digital Currency projects increase across the world. The event discussed the security and privacy issues and on how to address them.

They focused on a range of queries like the underlying issues and reasons for digital asset related fraud, methods to prevent these exploits from happening, the issues which are unique to the Defi space, and what can we do as consumers or end users to protect our sensitive data on wallets, applications and on how to further protect our access to funds.

The discussion also focused on how developers can secure the applications they’re building with respect to: Enterprise users, Smart contracts and security, on whether the audits are good enough especially as many of DeFi projects hacked had audits, Mobile apps and on how most transact crypto trading on mobile apps and on what can developers do to protect the apps that are released on mobile devices.

Further, they discussed on how end users and fintechs can secure trading of digital assets.  They also discussed if there is a regulation that is targeting crypto/defi/digital assets in attempts to make it safer.  And, also about the good intentions and potentially unintended consequences.

The Speakers were:  Emma Channing ,CEO/Founder Satis Group; Chris Tse , CEO/Founder Cardstack; Candace Kelly, General Counsel, Stellar; and Anastasia Bez, Director Operations, Kadena.

Important to note that the discussions in this panel are purely for guidance, informational and educational purposes. They have requested that all information presented in the event be independently verified and confirmed. The panel does not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services.

Investors are asked to take personal caution and to beware of the risks involved with any trading done in any financial market. Those interested in trading were asked not to trade with money that they cannot afford to lose. When in doubt, users were advised to consult a qualified financial advisor before making any investment decisions.

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