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Every refugee has a virtual bank account and instead of having that account at a bank we can carry out individual transactions by a block chain. on blocking each refugee is identified by an individual code. the information is not stored centrally it s managed simultaneously by thousands of servers that s why the blocked chain technology is seen as virtually forgery proof all interactions between participant. are stored in an encrypted text file that way organizers can trace who bought what and when. is this interview it s extremely attractive for us because before block chain we were using various databases so we had our own databases bank databases as well as those of the business transactions and that meant that at the end of the month we had to triangulate reports from sales and banks with block chain there is only one ....
Made aid work more transparent and cost effective. to the fruity how every refugee has a virtual bank account and instead of having that account at the bank we can carry out individual transactions by a blocked chain. on blocked chain each refugee is identified by an individual code the information is not stored centrally it s managed simultaneously by thousands of servers that s why the blocked chain technology is seen as virtually forgery proof all interactions between participants are stored in an encrypted text file that way organizers can trace who bought what and when. for end is the use of it s extremely attractive for us because before block chain we were using various databases so we had our own databases bank databases as well as those ....
Occurred in may and found out about it in july, but they did not tell the public until september 7th which is something that the members of congress are focused on. another key piece here, and you can see it on the screen of the time line of when they learned these things. another piece of information is that much of the data was not encrypted at all and simply held in a plain text form, and think about any text file in your computer, and normally data like this would be encrypted, and he also said that they only required security reviews once every quarter, and four times a year. so is we are learning more damaging things about how the company handled things. the public wants more than a public apology. they want punishment. and our own hugh hewitt had a chance to sit down with speaker of the house paul ryan, and does ....