“The former CEO of Enron, Jeffrey Skilling, is reportedly looking to start a blockchain company just a month after being freed from jail for his role in the energy giant’s massive accounting scandal back in 2001.
According to a Wall Street Journal article on Monday citing sources “familiar with the matter,” Skilling may be planning a digital platform relating to investment in the oil and gas industry. They added that he has recently met former Enron execs, as well as specialists in cryptocurrency, blockchain and software development regarding the project.”
The gall of some people! Preventing financial fraud is a key theme for Pacio. One of the future Tender Economy apps will be Triple Entry Accounting (TEA), a dezentralised ledger technology that takes away many of the usual accounting fraud opportunities. This article of ours describes the kind of fraud that is crippling global economy and what we can do about it.