Can digitisation help minimizing fraud and corruption?
So the current trend is to go digital and everything's going digital. The 'paper' is rapidly vanishing from our lives. The good old personal telephone diary has been replaced by automatic, digital contact books available inbuilt in our phones and computers. It helps us find contacts faster. The 'money' has gone digital and the bank account is essentially all about the 'numbers' that are displayed in the account. Credit cards have reduced the burden of carrying cash in wallets and so on.
While there are several advantages we can count; there's growing threat that this digitisation offers. Some believe that fraud has become easier in the digital world. The magnitude of the fraud one can make in the digital world could be worth billions of bucks.
This debate is about our general opinions on digitisation and whether it can help in reducing / eliminating fraud and corruption. Or has digital world open an entirely new era of possibilities for the fraudsters and crooks? Share your opinions, views, examples and experiences.