Image for post
Image for post

How to Build an “Indestructible Bank”?

The concern of Satoshi Nakamoto of abuse of central powers was very real, and the answer for security and safety is to migrate banks and bank accounts into the blockchain

Argentas
Argentas
May 8, 2018 · 4 min read

Today’s #1 risk for banks is abuse of regulatory powers, not information technology

No checks and balances to keep excess regulatory powers in check

It is often said that power corrupts, and absolute power corrupts absolutely.

Too big to fail — or too small to succeed

How to make a bank safe and indestructible?

Leveraging the power of the blockchain

Blockchain is the answer to create an “unbreakable bank”

Argentas

As a powerful second generation blockchain project…

Argentas

Written by

Argentas

Argentas

Argentas

As a powerful second generation blockchain project, Argentas helps to build new open global financial system. The Argentas ecosystem will be formed around its core HydraNet blockchain, network interfaces and bridge entities, and an eventual decentralized application economy.

Argentas

Written by

Argentas

Argentas

Argentas

As a powerful second generation blockchain project, Argentas helps to build new open global financial system. The Argentas ecosystem will be formed around its core HydraNet blockchain, network interfaces and bridge entities, and an eventual decentralized application economy.

Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore

If you have a story to tell, knowledge to share, or a perspective to offer — welcome home. It’s easy and free to post your thinking on any topic. Write on Medium

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store