Blockchain Will Be Adopted by Every Bank: ‘Catch Me If You Can’ Forger-Turned-FBI Consultant
Frank Abagnale, a master forger and the real-life character of the popular movie “Catch Me If You Can,” recently stated at the Blockchain Nation Miami Conference that he believes blockchain technology is the future of secure information processing and data settlement.
He said:
“I think you would have to be pretty ignorant not to realise that blockchain is the way for the future, it is the best way to secure information 100 percent, so I think you will see banks, especially accounting practices and accounting firms, all move to the blockchain, keeping records through blockchain. It will be the best way to do so because you cannot break the blockchain, you cannot hack into the blockchain, you can’t change anything in the blockchain.”
Blockchain Adoption Curve
As Abagnale emphasized, cryptocurrencies like bitcoin and Ethereum are still at their infancy. Ethereum was created less than three years ago and for disruptive technologies to be adopted, it could take well over a decade, as seen in the case of the internet.