Scandals Becomes Evident Possible Due to the Concentration of Information

Scandals / ShortCryptoNews

“If we truly observe the nature of each one of these scandals,” Joel John explains, “it becomes evident that they were made possible due to the concentration of information related to the firms with a few individuals. Decentralisation in the context of auditing would ideally bring together auditing firms, financial institutions catering to enterprises and regulators under one roof with value transfer occurring across organizations.” “This isn’t ‘full’ decentralization as with Bitcoin or Ethereum,” he concludes, “but it’s a leap forward from where we are today.”

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