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The Roundtable: Bad Actors on the Blockchain

The ever-present risk of fraud and theft threatens early adopters and slows down the adoption process.

A panel of experts joined Roundtable to discuss the current state of the financial markets. 

In this segment, they talk about the blockchain, fraud, and early adopters.

Julie Lamb observes that several industry leaders have recently begun experimenting in the blockchain space.

"I'm so excited for someone like Mark Cuban, who opened up his lower cost, prescription drug coverage and healthcare on the blockchain," she says. "We will see mass adoption when real estate is on the blockchain, when healthcare is on the blockchain. We're just the gateway of getting people interested in having the conversation. We'll see where it goes with these new thought leaders that are coming into the market."

And yet, Lamb concedes that for many early adopters, the risk of fraud remains unacceptably high. Alyssa Jordan agrees, adding that it's vital to protect individuals and companies from potential abuse if industries are to embrace Web3.

"It makes it so much more important to make sure that we have really good people with good ethical standards leading these conversations," she says. 

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"People's intellectual property has been stolen. They're taking old toxic behaviors over to Web3, where there isn't a lot of guidance right now to tell people what bad acting looks like."

Watch the full discussion below:

Roundtable Guests:

Marc LoPresti, Managing Director, Moneta Advisory Partners

Julie Lamb, Founder, NFT-VIP

Alyssa Jordan, Tech Firm Chief Compliance Officer