How Blockchain Solves Fraud in Financial Transactions

Fraud is among the topmost threats of the global economic world, with a PWC report showing that 47% of companies globally reported fraud in 24 months. Every solution aimed at ending fraud in financial transactions has proven futile. The designation of artificial intelligence, for instance, is to reduce direct human involvement in transactions, thus reducing fraud; however, fraud is still surging every year.  A new financial technology, blockchain, which is just over a decade old, is the ultimate fraud solution.…

Understanding the Role of FCA in the Regulation of Crypto-Assets

Financial Conduct Authority (FCA) is considered relatively new in the financial service sector. It has been less than a decade since the regulator took over from its predecessor Financial Services Authority (FSA) in 2013. Such a transition is bound to cause some confusion on the scope of the regulatory measures in place. The broad and complex world of crypto assets and its evolving market is critical in the confusion of what falls under FCA regulations. As a consumer, you need…