blockchain ethics

Blockchain ethics involves principles that ensure the technology is used responsibly and fairly. It emphasizes transparency, as transactions are open for everyone to verify; security, protecting users’ data and assets; and decentralization, reducing reliance on centralized authorities to prevent abuse of power. Ethical concerns also include preventing illegal activities, safeguarding privacy, and promoting equitable access. Overall, blockchain ethics seeks to balance innovation with respect for rights, fostering trust and integrity in digital transactions.