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Blockchain & Fraud Prevention: What's Holding Back Progress?


Blockchain & Fraud Prevention: What’s Holding Back Progress?
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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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Follow the Money: Single-Cell Multiomics, Data Networks, Security


April 1, 2021
By Bio-IT World Staff
April 1, 2021 | New investment funds for late-stage companies and public health. Next-gen genomic medicines and single-cell multiomics get cash, and PatientsLikeMe raises a new round of funding to expand.
 
$969M Investment Fund for Early to Late-Stage Companies
Foresite Capital, a multi-stage healthcare and life sciences investment firm, has announced its fifth and largest fundraise with $969 million in capital commitments, significantly oversubscribed above its original target. The offering comprises Foresite Capital Fund V, L.P. and Foresite Capital Opportunity Fund V, L.P. With these new funds, Foresite Capital is investing in emerging healthcare and life sciences companies at all stages that are solving some of the biggest inefficiencies and pain points of the $10 trillion global healthcare market. Foresite Capital now has ~$4 billion in assets under management. Press release. ....

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