The Defiant - DeFi Podcast Invisible Wallets and Decentralized Privacy: Georgi Koreli’s Vision for Web3
Jul 18, 2025
Georgi Koreli, co-founder and CEO of Hinkal Wallet, dives into Web3 privacy solutions after his unique journey from professional wrestler to crypto innovator. He discusses the necessity of privacy in digital finance and introduces the concept of invisible wallets. The conversation covers the regulatory landscape in Europe, the importance of compliance, and the challenges posed by data breaches. Georgi highlights decentralized coordination as a path to enhancing privacy, pushing for innovations that protect user data while embracing the future of finance.
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Transparency vs Privacy Paradox
- Public blockchains' transparency exposes user transaction histories and wallet addresses to anyone.
- This openness compromises privacy, revealing digital identities that can lead to targeted attacks.
Georgi's Unusual Crypto Journey
- Georgi Koreli transitioned from professional wrestling to investment banking, then to crypto entrepreneurship inspired by blockchain's efficiency.
- His diverse background shapes his vision of combining existing public blockchains with added privacy layers for mass adoption.
Invisible Wallets Prevent Hacks
- Making wallet transactions invisible blocks attackers by hiding critical data.
- If no data is visible, hackers cannot identify or compromise targets.