Scandals Becomes Evident Possible Due to the Concentration of Information

Scandals / ShortCryptoNews
Blockchain

“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.”

No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

bitcoin, SCN
Altcoin News
Crypto on the way to doom!

Just over the 100 crypto currencies might make it out of the 2,086 a larger target to aim. But also one with higher chances of failure. “It did the same …

Coinify
Crypto News
Rebranding of Coinify!

The exchange supports the 15 new virtual currencies on the platform by the end of 2019. The provision of these new coins will be available for Coinify’s wallet partners via …

Bitcoin / ShortCryptoNews
Bitcoin
World experiences BTC!

More people have expected the use of Bitcoin(BTC) and supporters hope that one day the digital currency will be used by consumers for their online shopping and other electronic deals. …

Visit Us On TwitterVisit Us On Facebook