A Close Look at the Use of Blockchain Technology in Consumer Finance, with Special Guest Debbie Hoffman, Associate General Counsel, Western Union - a podcast by Ballard Spahr LLP

After reviewing how blockchain technology operates and the pandemic’s impact on its use, we discuss the technology’s main benefits and regulatory risks; its use in digital identity, anti-money laundering compliance, preventing wire transfer fraud, peer-to-peer lending, and decentralized finance; the role of “smart contracts” in consumer finance; how various companies are using the technology; and the technology’s link to cryptocurrency protocols.

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