How EOS can help in preventing financial fraud

View this thread on: d.buzz | hive.blog | peakd.com | ecency.com
·@roshania·
0.000 HBD
How EOS can help in preventing financial fraud
![image.png](https://steemitimages.com/DQmQmmVdfkWa1ht4VNXvHHHKdSK7nxwbEJtx5sSgw3cpvda/image.png)


As you probably know from my earlier posts, I am highly interested in EOS and its features which is why I am studying some of its unique qualities. 

Highlighting some of the additional features on the new upcoming EOS as it pertains to financial transactions.

•Blockchain is an immutable state of all the participants actions which are which are determined in a parralel way. Actions are interpreted as 'structs' that contain inherent fields and values (in the case of financial transactions).

•An additional feature of EOS is that it can feature a modular flexible system within the script itself such as a 'time based delay' by which contracts can be rolled back. By this feature contracts are robust enough to handle account recovery.

•In my opinion, running on top of EOS and adding a 'Time Delay' feature for the executable contracts' the majority parties in the particular sub ecosystem can prevent fraud and even perhaps a Mt.Gox type hack incident. 

I'm more excited. Please spread the word and retweet as this is a game changer.
👍 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,