Ethereum co-founder Vitalik Buterin stated at the 12th Global Blockchain Summit that "with the advancement of AI and data analysis technologies, it is difficult to protect on-chain privacy by merely separating real names from transaction history." He explained, "By utilizing modern cryptography, not only assets but also information can be protected. 'Programmable privacy' is possible, which allows setting not only asset transfer rights but also access rights to specific information through code."