Get a somewhat shady bank willing to allow a few hundred low risk bot accounts from the Equifax database. Now, the launders, likely bank insiders, keep a wad of legitimate money on cash account to cover interruptions. But otherwise, they drop a few thousand into the network, have it bounce around fake accounts a few times, and emerge as desired.
The way to stop this fraud is to allow the fiat bankers to offer legitimate robotic accounts, and price the service. Then regulator bots always have access to observables, they look for loops and other bulges. Landerers always have an incentive to price their inside information sooner, it doesn't blow up.
Central bankers are in a competitive monetary system environment, they need to compete. Let your bankers manage the bearer asset business, as a profit center. Have them take the lead is defining escrow rules and formats.
No comments:
Post a Comment