In The Global Village, Trust Depends On Blockchain [Forbes]
Meta Platforms, Inc. - Class A (FB)
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Source: Forbes
In The Global Village, Trust Depends On Blockchain Getty Marshal McLuhan’s Predictions Highlight A New Set Of Problems And Solutions Last month, ‘Jenny Davies’ an 18 year old graduate living in New York, took a call she thought was from her bank; unfortunately for her, she didn’t think to properly identify the caller. They told her that they’d seen some unusual activity on her account, and that she needed her to move her money to another account. She was to call the bank back on the number provided to make the arrangement, which she duly did. As directed, she transferred $15,000 in three separate tranches, money she had saved for a post-graduation life outside her native Australia. This was just below the minimum to attract attention from a regulatory department. Two days later, Jenny realised she’s been defrauded of the entire sum. This is just one scam in a series going on in the US and elsewhere. At the root of the issue perhaps is this: Banks identify us to prove we are who we sa
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