Polish company Billon has built blockchain infrastructure it hopes can support regulation within transaction systems, hoping to head off the problems regulators face in trying to keep tabs on cryptocurrency markets. The company, which works with existing regulated currencies, is emerging out of “stealth mode,” hoping that its distributed ledger “engine” can help organizations find new ways to balance demand for cryptocurrency against regulatory needs.

Billon chief operating officer Robert Kaluza explained that because the world’s financial infrastructure has changed so rarely over history, blockchain could enable a sweeping set of reforms in financial systems. Kaluza noted, however, that regulation provides an important backbone to this technology.