Could Real-Time Financial Verification Detect Risk Earlier?

A new solution by Accountable hopes to bring about greater transparency and help mitigate the risk of any future blow-ups

Financial markets rely on delayed data to assess risk, a model that works until it doesn’t.

In crypto, we’ve seen admirable intent to self-regulate the DeFi industry with pressure to provide investors Dune dashboards and other forms of onchain reporting. Teams like Ethena have set a high bar with their own extensive dashboard reporting on their website, but even a reputable team like Ethena is still forcing us as investors to trust that they wouldn’t ever self-report different data.

All this to say, bad actors always find a way to create the illusion of a well oiled DeFi (or TradFi) yield product, but in truth, could be running audits once every other month with some crony who’s signing off to say “everything’s fine.”

Even with the transparency of blockchain data, we’ve seen how opaque balance sheets, lagging disclosures, and blind trust can allow stress to build quietly, until one day it erupts into a public failure, especially with how fast DeFi investors can move money onchain. The question isn’t whether risk exists, but whether markets can see it forming in time.

In a new episode of The Edge Podcast, we sit down with the team behind Accountable to explore how real-time, privacy-preserving financial verification could change the way risk is surfaced across DeFi, CeFi, and even traditional finance. The CoFounders Wojtek Pawlowski and Ioan Moldovan join us to walk through a new standard in privacy-preserving reporting, including early adopters like Noon and Neutrl with Proof of Solvency dashboards. They explain how Accountable’s solutions could lead to transformative change in how we report data and surface risk in markets. Like audits, this new standard will be necessary but not a guarantee protocols are immune from any future systemic blow-ups.

However, we believe it is a meaningful step towards healthier markets!

Thanks to our sponsors for making it possible to create and share this content!

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🔗 Guest Links 🔗

► Accountable website: accountable.capital

► Accountable on X: x.com/AccountableData

► Wojtek on X: x.com/VVojtek_P

► Noon Proof of Solvency dashboard: noon.accountable.capital

► Neutrl Proof of Solvency dashboard: accountable.neutrl.fi

Disclosure: Since recording, DeFi Dad invested in Accountable.

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