Blockchain transparency is a myth — Reserve Bank analyst

• Blockchain transparency is a myth, according to Reserve Bank analyst Ayn du Bazane, who argues that poor data quality impairs reliable and meaningful crypto-market statistics.
• The issue lies in the construction of crypto prices, reported trading volumes, and market capitalization calculations, which are often influenced by bots, wash trading, and other forms of market manipulation.
• Du Bazane advocates for better data governance foundations, including clear definitions, disclosed methodologies, and reproducible analytics, to ensure that blockchain data is understandable and reliable, rather than just visible.