“I think you’ll see banks—especially accounting practices and accounting firms—all move to blockchain,” he said about keeping records on the decentralized network technology. “You cannot break the blockchain. You cannot hack into the blockchain. You can’t change anything on the blockchain.”
He outlines some privacy issues that need to be worked out when using the technology, but Abagnale said it is a technology that will “eventually be adopted by all types of governments, businesses, and corporations.”
Abagnale is alluding to a trend that is already in motion.
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