According to news from CoinWorld, on August 21 (UTC+8), Chainlink co-founder Sergey Nazarov stated at the Wyoming Blockchain Symposium that there are currently three key challenges in blockchain that need to be addressed: scalability, compliance, and privacy. He pointed out that the scalability issue is gradually being resolved, but has not yet reached the processing capacity required by traditional payment systems; in terms of compliance, on-chain automated compliance has the potential to become an industry advantage, and the team is currently working with the U.S. government to promote adjustments to legal and regulatory frameworks; privacy remains an important feature that has not yet been realized and is expected to become a core trend in the next phase of industry development.