>>23482214

Consider the laundering that has been going on up to this point… and consider how this upcoming Global shift could change that..

The Panama Papers (Spanish: Papeles de

Panamá) are 11.5 million leaked documents (or 2.6 terabytes of data) that were published beginning on April 3, 2016. The papers detail financial and attorney-client information for more than 214,488 offshore entities. 1121131141151161 The documents, some dating back to the 1970s, l7 were created by, and taken from, former Panamanian offshore law firm and corporate service provider Mossack Fonseca, 8119 and compiled with similar leaks into a searchable database. (101

The Paradise Papers are a set of over 13.4 million confidential electronic documents relating to offshore investments that were leaked to the

German reporters Frederik Obermaier and Bastian Obermayer, l112) from the newspaper Süddeutsche Zeitung. 3 The newspaper shared them with the International Consortium of Investigative Journalists, 41 and a network of more than 380 journalists. Some of the details were made public on 5 November 2017 and stories are still being releasedlas of?).

I’m sure games will still be played. Blockchain doesn’t prevent the usual manipulation of price action in markets. But it may prevent offshore laundering.

Illicit activity requires that you make dirty cash, take it off the books in a sort of black-out period, then you need to reintroduce that cash via a legitimate financial vehicle or shell.

All of that is done to bury the paper trail and obscure the signature.

But blockchain would (theoretically) prevent all of that from occurring.

Immutable paper trail.