【Market Flash】The ledger may be correct, but the money could still go to the wrong person: On October 19, UNDP and the Blockchain for Good Alliance announced a two-year cybersecurity program offering training and consulting to public institutions, covering digital payments and data protection. If recipient details are changed before authorization, the blockchain will still faithfully record the transaction; consensus cannot determine whether an instruction is lawful. Changing recipient details, approving batch payments, and signing transactions should be handled by different people—not all through a single account. When putting public services on-chain, what should be addressed first: technology or processes?
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(Source: NewsBTC)
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