NEW DELHI: India has sacked two senior executives of state-run Punjab National Bank (PNB) for allegedly failing to prevent a US$2 billion fraud, two sources with direct knowledge of the matter said on Sunday, nearly a year after the country's biggest bank scam came to light.
To be honest, I hate the word “identity.” There’s a lot of talk about this now, but if anyone is telling you they’re building “identity” on a public network, you should run immediately. Why? Because it’s probably the worst thing to do. The irony of this all, is that the more we advance into the future – with devices, IoT, blockchain technology, and hyper-connectivity – the more data is going to be brought into the ecosystem. And the more data that is brought into the system, the more we’ll find companies and, naturally governments, are going to want to focus… This story continues at The Next Web