What’s going on?
Catch Me If You Can conman Frank Abagnale says blockchain is the future of crypto security.
Why does it matter?
Abagnale – who runs Abagnale & Associates, a financial fraud consultancy company based in Oklahoma – made the comments while speaking at the Blockchain Nation Miami conference.
Abagnale has worked with and advised financial institutions, corporations and government agencies for 40 years, reported Fortune. The once-notorious confidence trickster was played by Leonardo DiCaprio in the Steven Spielberg film Catch Me If You Can.
Why Should We Listen?
“I think you have to be pretty ignorant not to realise that blockchain is the way of the future,” he said in a video that has emerged of him speaking at the conference in April. “It is the best way to secure information, to secure it 100%.”
Abagnale added: “One would have to be incredibly foolish not to see that [blockchain] is an incredible technology and that will be eventually adopted by all types of governments, businesses, and corporations,” reported GlobalCoinReport.
“I think you’ll see banks – especially accounting practices and accounting firms – all move to blockchain,” he said. “You cannot break the blockchain. You cannot hack into the blockchain. You can’t change anything on the blockchain.”