Too Long; Didn't Read
The first 30 days of 2021 didn’t quite provide the placid contrast to 2020 which the world was hoping for. But from the agitation and affray one inescapable fact became strikingly apparent; that there is a fundamental problem with traditional financial systems. In 2014 PwC published a report which highlighted that, within the growing financial intermediary sector of banks, brokerages, centralised exchanges etc., the risks of cybercrime, bribery, corruption and fraud were also growing. This is a logical correlation; the more people involved in a financial transaction, the greater the chance is that a bad actor will find his way into the system.