Blockchain as a Tool for Fraud Prevention
Financial fraud can be notoriously hard to detect and easy to cover up. But does blockchain technology with its distributed digital ledger now offer a new tool to help organizations reduce risk and prevent fraud?
This session describes:
- More about blockchain and its uses beyond digital currencies;
- The value of blockchain to reduce financial transaction time, risk and fraud among multiple parties with a trusted, decentralized digital ledger;
- Lessons from organizations that already are using blockchain technology as a tool to prevent fraud.