{"id":"https://openalex.org/W7224927533","doi":"https://doi.org/10.5281/zenodo.23819165","title":"The Blockchain Panopticon and Sovereign ETF Exit: Deterministic Cryptographic Provenance under CARF, Travel Rule Enforcement, and QFS-zkVM Compliance(\u526f\u984c:\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u30fb\u30d1\u30ce\u30d7\u30c6\u30a3\u30b3\u30f3\u3068\u65e5\u672c\u306e\u6697\u53f7\u8cc7\u7523ETF\u64a4\u9000:CARF\u30fb\u30c8\u30e9\u30d9\u30eb\u30eb\u30fc\u30eb\u5305\u56f2\u7db2\u306b\u304a\u3051\u308b\u300c\u5e95\u306a\u3057\u306e\u7f60\u300d\u3068QFS-zkVM\u6c7a\u5b9a\u8ad6\u7684\u30b3\u30f3\u30d7\u30e9\u30a4\u30a2\u30f3\u30b9\u30e2\u30c7\u30eb)","display_name":"The Blockchain Panopticon and Sovereign ETF Exit: Deterministic Cryptographic Provenance under CARF, Travel Rule Enforcement, and QFS-zkVM Compliance(\u526f\u984c:\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u30fb\u30d1\u30ce\u30d7\u30c6\u30a3\u30b3\u30f3\u3068\u65e5\u672c\u306e\u6697\u53f7\u8cc7\u7523ETF\u64a4\u9000:CARF\u30fb\u30c8\u30e9\u30d9\u30eb\u30eb\u30fc\u30eb\u5305\u56f2\u7db2\u306b\u304a\u3051\u308b\u300c\u5e95\u306a\u3057\u306e\u7f60\u300d\u3068QFS-zkVM\u6c7a\u5b9a\u8ad6\u7684\u30b3\u30f3\u30d7\u30e9\u30a4\u30a2\u30f3\u30b9\u30e2\u30c7\u30eb)","publication_year":2026,"publication_date":"2026-10-30","ids":{"openalex":"https://openalex.org/W7224927533","doi":"https://doi.org/10.5281/zenodo.23819165"},"language":"en","primary_location":{"id":"doi:10.5281/zenodo.23819165","doi":"https://doi.org/10.5281/zenodo.23819165","is_oa":true,"landing_page_url":"https://doi.org/10.5281/zenodo.23819165","pdf_url":null,"source":{"id":"https://openalex.org/S4306400562","display_name":"Zenodo (CERN European Organization for Nuclear Research)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I67311998","host_organization_name":"European Organization for Nuclear Research","host_organization_lineage":["https://openalex.org/I67311998"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Preprint"},"volume":null,"type":"preprint","indexed_in":["datacite"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.5281/zenodo.23819165","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5158982858","display_name":"Yoko(\u6d0b\u5b50) Hasebe(\u9577\u8c37\u90e8)","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Hasebe(\u9577\u8c37\u90e8), Yoko(\u6d0b\u5b50)","raw_affiliation_strings":["Lead Researcher, Autonomous Infrastructure Systems, Autonomous Living & Physical Infrastructure Institute, Iwakuni, Yamaguchi, Japan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Lead Researcher, Autonomous Infrastructure Systems, Autonomous Living & Physical Infrastructure Institute, Iwakuni, Yamaguchi, Japan","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5158982858"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.9678000211715698,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.9678000211715698,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T13475","display_name":"Digital Transformation in Law","score":0.004699999932199717,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11838","display_name":"Crime, Illicit Activities, and Governance","score":0.003000000026077032,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/carf","display_name":"CARF","score":0.5049999952316284},{"id":"https://openalex.org/keywords/cryptocurrency-taxation","display_name":"cryptocurrency taxation","score":0.4659999907016754},{"id":"https://openalex.org/keywords/liquidity-trap","display_name":"liquidity trap","score":0.4189999997615814},{"id":"https://openalex.org/keywords/japan","display_name":"Japan","score":0.5609999895095825}],"concepts":[{"id":"https://openalex.org/C180706569","wikidata":"https://www.wikidata.org/wiki/Q13479982","display_name":"Cryptocurrency","level":2,"score":0.7164000272750854},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.6934000253677368},{"id":"https://openalex.org/C2780560020","wikidata":"https://www.wikidata.org/wiki/Q79719","display_name":"License","level":2,"score":0.44859999418258667},{"id":"https://openalex.org/C178489894","wikidata":"https://www.wikidata.org/wiki/Q8789","display_name":"Cryptography","level":2,"score":0.43619999289512634},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.42500001192092896},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4203000068664551},{"id":"https://openalex.org/C186229450","wikidata":"https://www.wikidata.org/wiki/Q42008","display_name":"Sovereignty","level":3,"score":0.392300009727478},{"id":"https://openalex.org/C190253527","wikidata":"https://www.wikidata.org/wiki/Q295354","display_name":"Law and economics","level":1,"score":0.392300009727478},{"id":"https://openalex.org/C122941539","wikidata":"https://www.wikidata.org/wiki/Q10836209","display_name":"Electronic money","level":3,"score":0.38600000739097595},{"id":"https://openalex.org/C108827166","wikidata":"https://www.wikidata.org/wiki/Q175975","display_name":"Internet privacy","level":1,"score":0.37299999594688416},{"id":"https://openalex.org/C178005623","wikidata":"https://www.wikidata.org/wiki/Q308859","display_name":"Anonymity","level":2,"score":0.3684999942779541},{"id":"https://openalex.org/C158129432","wikidata":"https://www.wikidata.org/wiki/Q7766927","display_name":"Statutory law","level":2,"score":0.3621000051498413},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3546000123023987},{"id":"https://openalex.org/C167254554","wikidata":"https://www.wikidata.org/wiki/Q338451","display_name":"Escrow","level":2,"score":0.35190001130104065},{"id":"https://openalex.org/C2781198186","wikidata":"https://www.wikidata.org/wiki/Q701521","display_name":"Collusion","level":2,"score":0.3467999994754791},{"id":"https://openalex.org/C77714075","wikidata":"https://www.wikidata.org/wiki/Q5452017","display_name":"Firewall (physics)","level":5,"score":0.337799996137619},{"id":"https://openalex.org/C2779010840","wikidata":"https://www.wikidata.org/wiki/Q131569","display_name":"Treaty","level":2,"score":0.3158999979496002},{"id":"https://openalex.org/C198104137","wikidata":"https://www.wikidata.org/wiki/Q974688","display_name":"Communication source","level":2,"score":0.31119999289512634},{"id":"https://openalex.org/C54750564","wikidata":"https://www.wikidata.org/wiki/Q26643","display_name":"Commerce","level":1,"score":0.3084999918937683},{"id":"https://openalex.org/C2779777834","wikidata":"https://www.wikidata.org/wiki/Q4202277","display_name":"Enforcement","level":2,"score":0.29510000348091125},{"id":"https://openalex.org/C165341840","wikidata":"https://www.wikidata.org/wiki/Q3624078","display_name":"Sovereign state","level":4,"score":0.2928999960422516},{"id":"https://openalex.org/C48220719","wikidata":"https://www.wikidata.org/wiki/Q10836209","display_name":"Digital currency","level":3,"score":0.2913999855518341},{"id":"https://openalex.org/C46934059","wikidata":"https://www.wikidata.org/wiki/Q61515","display_name":"Outsourcing","level":2,"score":0.2906000018119812},{"id":"https://openalex.org/C75949130","wikidata":"https://www.wikidata.org/wiki/Q848010","display_name":"Database transaction","level":2,"score":0.29010000824928284},{"id":"https://openalex.org/C76155785","wikidata":"https://www.wikidata.org/wiki/Q418","display_name":"Telecommunications","level":1,"score":0.2874000072479248},{"id":"https://openalex.org/C86844869","wikidata":"https://www.wikidata.org/wiki/Q2798820","display_name":"Hacker","level":2,"score":0.2833999991416931},{"id":"https://openalex.org/C86532276","wikidata":"https://www.wikidata.org/wiki/Q1184065","display_name":"Delegation","level":2,"score":0.2718999981880188},{"id":"https://openalex.org/C34974158","wikidata":"https://www.wikidata.org/wiki/Q131257","display_name":"Intellectual property","level":2,"score":0.2676999866962433},{"id":"https://openalex.org/C165696696","wikidata":"https://www.wikidata.org/wiki/Q11287","display_name":"Exploit","level":2,"score":0.26330000162124634}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.5281/zenodo.23819165","doi":"https://doi.org/10.5281/zenodo.23819165","is_oa":true,"landing_page_url":"https://doi.org/10.5281/zenodo.23819165","pdf_url":null,"source":{"id":"https://openalex.org/S4306400562","display_name":"Zenodo (CERN European Organization for Nuclear Research)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I67311998","host_organization_name":"European Organization for Nuclear Research","host_organization_lineage":["https://openalex.org/I67311998"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Preprint"},{"id":"doi:10.5281/zenodo.23819166","doi":"https://doi.org/10.5281/zenodo.23819166","is_oa":true,"landing_page_url":"https://doi.org/10.5281/zenodo.23819166","pdf_url":null,"source":{"id":"https://openalex.org/S4306400562","display_name":"Zenodo (CERN European Organization for Nuclear Research)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I67311998","host_organization_name":"European Organization for Nuclear Research","host_organization_lineage":["https://openalex.org/I67311998"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Preprint"}],"best_oa_location":{"id":"doi:10.5281/zenodo.23819165","doi":"https://doi.org/10.5281/zenodo.23819165","is_oa":true,"landing_page_url":"https://doi.org/10.5281/zenodo.23819165","pdf_url":null,"source":{"id":"https://openalex.org/S4306400562","display_name":"Zenodo (CERN European Organization for Nuclear Research)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I67311998","host_organization_name":"European Organization for Nuclear Research","host_organization_lineage":["https://openalex.org/I67311998"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Preprint"},"sustainable_development_goals":[{"score":0.7297000288963318,"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W7224782056","https://openalex.org/W7170164260","https://openalex.org/W4313465285","https://openalex.org/W7164148668","https://openalex.org/W4391738792","https://openalex.org/W4318716661","https://openalex.org/W7196935164","https://openalex.org/W7223222088","https://openalex.org/W7161149114","https://openalex.org/W7124596826"],"abstract_inverted_index":{"This":[0],"monograph":[1],"formalizes":[2],"the":[3,34,39,122,139],"structural":[4],"inversion":[5],"of":[6,12,29,38],"public":[7],"blockchains":[8],"from":[9],"purported":[10],"instruments":[11],"sovereign-evading":[13],"anonymity":[14],"into":[15],"immutable,":[16],"globally":[17],"synchronized":[18],"state":[19],"surveillance":[20],"ledgers":[21],"(\"The":[22],"Blockchain":[23],"Panopticon\").":[24],"Examining":[25],"Japan's":[26],"institutional":[27,123],"rejection":[28],"speculative":[30],"cryptocurrency":[31],"ETFs":[32],"alongside":[33],"2026":[35],"global":[36],"activation":[37],"OECD":[40],"Crypto-Asset":[41],"Reporting":[42],"Framework":[43],"(CARF)":[44],"and":[45,104,159],"strict":[46],"FATF":[47],"Travel":[48],"Rule":[49,161],"enforcement,":[50],"we":[51,130],"prove":[52],"mathematically":[53],"that":[54],"unverified":[55],"legacy":[56,81],"crypto-assets":[57],"held":[58],"in":[59],"self-hosted":[60],"wallets":[61],"(such":[62],"as":[63],"untaxed":[64],"2017/2021":[65],"vintage":[66],"cohorts":[67],"or":[68,83,95,113,212],"illicit":[69],"off-ledger":[70],"capital)":[71],"face":[72],"total":[73],"liquidity":[74],"sequestration":[75],"(\"Paper":[76],"Billionaire":[77],"Illiquidity":[78],"Trap\").":[79],"Whenever":[80],"UTXOs":[82],"account":[84,111],"balances":[85],"attempt":[86],"conversion":[87],"at":[88],"regulated":[89],"domestic":[90],"exchanges,":[91],"cross-border":[92],"offshore":[93],"venues,":[94],"peer-to-peer":[96],"(P2P)":[97],"physical":[98,118],"OTC":[99],"markets,":[100],"graph-theoretic":[101],"taint":[102],"propagation":[103],"automated":[105],"CARF":[106],"tax-authority":[107],"telemetry":[108],"trigger":[109],"deterministic":[110],"freezes":[112],"expose":[114],"holders":[115],"to":[116],"uninsurable":[117],"extortion.":[119],"To":[120],"resolve":[121],"compliance":[124],"impasse":[125],"for":[126],"legitimate":[127],"sovereign":[128],"infrastructure,":[129],"introduce":[131],"a":[132],"zero-knowledge":[133],"cryptographic":[134],"provenance":[135],"architecture":[136],"operating":[137],"over":[138],"64-bit":[140],"Goldilocks":[141],"prime":[142],"field":[143],"(p":[144],"=":[145],"2^64":[146],"-":[147],"2^32":[148],"+":[149],"1)":[150],"within":[151],"QFS-zkVM,":[152],"governed":[153],"by":[154],"Human-in-Command":[155],"(HIC)":[156],"statutory":[157],"interlocks":[158],"SEC":[160],"15c3-5":[162],"pre-trade":[163],"market":[164],"access":[165],"controls.":[166],"Reserved":[167],"DOI:":[168],"10.5281/zenodo.23819166":[169],"Author:":[170],"Hasebe,":[171],"Yoko":[172],"(\u9577\u8c37\u90e8":[173],"\u6d0b\u5b50)":[174],"\u2014":[175],"Lead":[176],"Researcher,":[177],"Autonomous":[178,181],"Infrastructure":[179,185],"Systems,":[180],"Living":[182],"&":[183,191],"Physical":[184],"Institute,":[186],"Iwakuni,":[187],"Yamaguchi,":[188],"Japan":[189],"License":[190],"Integrity":[192],"Covenant:":[193],"Creative":[194],"Commons":[195],"Attribution":[196],"4.0":[197],"International":[198],"(CC":[199],"BY":[200],"4.0)":[201],"with":[202],"Strict":[203],"No-Learn":[204],"Covenant":[205],"(NLL-v1.0-2026).":[206],"Unauthorized":[207],"AI":[208],"training,":[209],"parameter":[210],"extraction,":[211],"uncompensated":[213],"commercial":[214],"scraping":[215],"is":[216],"strictly":[217],"prohibited.":[218]},"counts_by_year":[],"updated_date":"2026-11-01T11:40:01.658920","created_date":"2026-10-31T00:00:00"}