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Blockchain & Fraud Prevention: What’s Holding Back Progress? ❘ ❘ Blockchain & Fraud Prevention: What’s Holding Back Progress? Businesses have several obstacles to overcome if they’re to use blockchain to tighten digital security and prevent fraud, say experts from American University’s Kogod School of Business Business schools like Kogod at American University are trying to tackle the challenges facing blockchain | ©thamerpic vis iStock Blockchain has great potential when it comes to securing digital assets and combating fraudulent activity, which has surged amid the coronavirus pandemic. According to IBM executive Jesus Mantas, there has been a 6,000% increase in COVID-related spam since the pandemic began, leaving many vulnerable to phishing and scams that their bank accounts need protection from.

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