Financial transactions involve handing over huge amounts of personal data, which can be abused. Photo: TNS
Financial transactions involve handing over huge amounts of personal data, which can be abused. Photo: TNS
Tomicah Tillemann
Opinion

Opinion

The View by Tomicah Tillemann

Financial services must harness blockchain to balance digital security with privacy

  • Virtual currencies and blockchain technology are criticised as being conduits for crime, yet many users still prefer them to traditional banking, where data privacy is severely lacking
  • Finding a middle ground between freedom and accountability means financial services must look to what Web3 technologies can offer

Financial transactions involve handing over huge amounts of personal data, which can be abused. Photo: TNS
Financial transactions involve handing over huge amounts of personal data, which can be abused. Photo: TNS
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