The world has moved on and sections of the Companies Act relating to authorised signatories require updating. New technologies combined with looking to the past could provide the answer.
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Corporate governance has come under the spotlight over the past few years and is a critical part of organisations’ overall corporate strategy. Steve Pomfret, CEO and founder at the UK-based blockchain start-up Cygnetise, explains “why” and how potentially blockchain technology could help this.
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Steve Pomfret, CEO, Cygnetise, talks to Joy Macknight about applying blockchain to manage authorised signatory lists and prevent fraud, and answers the question of whether blockchain is compatible with the EU General Data Protection Regulation.
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