David Andrew

speaker
514 appearances 1 recordings 1 series first heard Aug 2022 last heard Aug 2022

David Andrew’s voice in public audio — every appearance, attributed to the second.

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First of all, we've got to know what you've got and then how we access them.
Because the world's changing.
I mean, we really have things now like cryptocurrencies, which is something on a computer that has value itself.
I mean, we've always had things like Tetslotto accounts or TAB accounts or gaming credits or whatever else have value.
But you can sort of access those a different way.
But we're now starting to get assets that are actually value on the computer itself.
So, we need to know what device you've got.
We need to know how to access it.
And that's why we have now products like DigiSafe is one that State Trustees has got where you can actually state what devices you've got, how to access them, who you want to get certain items.
Mm-hmm.
add items to it, give permissions and the like.
Now, it's secure, private, encrypted, all that sort of stuff, but that's going to become more the norm.
So that's one way of dealing with assets that are difficult to otherwise determine.
But the old-fashioned list is still not a bad one either.
And it's going to become more so, isn't it?
Electronic signatures are just going to become the norm for everything.
We've got some use of them now, but it'll become more so.
And also, I mean, even things like blockchain, isn't it, where your transactions are going to be by these secure encrypted transactions which multiple people can access and the like.
that's all going to be stored on your computer.
We're going to have to have access to them to understand your financial position, yeah.
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