Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO NOW!] 💠 FORTY SEVEN BANK 💠 – Connecting Financial Worlds
by
jamzzz123
on 18/02/2018, 20:43:43 UTC
What I like the most about this project is that with biometric data you can prove your identity all over the world, with the blockchain you can send funds with proven identities both sides included, this is useful for tax administration

yes, that could be really interesting. However, I wonder how they ensure the security of this data. Imagine a hack of the biometric database, that would be the worst thing that can happen

I don't think that's easily done, this is the benefit of cryptocurrency and hype due to it's integrity and security but obviously there is still ways, just minimum risk.