I am curious how Blockchain will be able to counter or prevent fraud and counterfeiting. What particular features blockchain have that can do this? Can you at least elaborate further so people like me can understand blockchain better.
The way I understand it is that Blockchain is just a database, designed to store data. I do not know it is capable to do that.
Topic: Blockchain Is Capable To Prevent All Types Of Fraud - page 2. (Read 1221 times)
The prevention of fraud and counterfeiting is a serius issue. Anonymity is a concern but it is only for security.
At the same time, the anonymity can be steering by the fraudters.The Blockchain is capable to prevent all types of fraud and counterfeiting. It also gives highest possible security to the investor.
Eh, I don't see it. Blockchain can't do anything to prevent all types of fraud. Blockchain is not capable.Blockchain is just the database and the chain of the bitcoin network.
The prevention of fraud and counterfeiting is a serius issue. Anonymity is a concern but it is only for security.
At the same time, the anonymity can be steering by the fraudters.The Blockchain is capable to prevent all types of fraud and counterfeiting. It also gives highest possible security to the investor.
Eh, I don't see it. Blockchain can't do anything to prevent all types of fraud. Blockchain is not capable.Blockchain is just the database and the chain of the bitcoin network.
The prevention of fraud and counterfeiting is a serius issue. Anonymity is a concern but it is only for security.
The Blockchain is capable to prevent all types of fraud and counterfeiting. It also gives highest possible security to the investor.
The Blockchain is capable to prevent all types of fraud and counterfeiting. It also gives highest possible security to the investor.
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