What Is “RegTech” and How Does Blockchain Immutability Support Its Goals?

RegTech (Regulatory Technology) refers to the use of technology to enhance regulatory processes, monitoring, and compliance. Blockchain's immutability directly supports RegTech by providing a permanent, tamper-proof record of compliance-relevant data.

This allows for automated, real-time monitoring and reporting. Instead of relying on periodic audits of mutable data, RegTech solutions can continuously verify adherence to rules against the unchangeable ledger, making compliance more efficient and robust.