31 May Baltimore Hacks – Reminder To Governments To Stop Wasting Money And To Start Using Blockchain
With advanced tech, smartphones in the hands of every individual, and the occasional self-driving car on the street, one might think that we are living in some futuristic society. Unfortunately, many industries are still stuck with old systems. The recent ransomware attack on Baltimore’s city government highlights the fact that many institutions are facing increasingly higher risks for being reluctant to change.
The ransomware attack on Baltimore, Maryland’s city government computers specifically affected systems that were needed to complete property deals in the region. As a result, during one of the real estate industry’s busiest times of the year, all relevant transactions were put on hold. When it comes to system evolution, the situation is a cold reminder that Baltimore and many other counties in the U.S. somehow got left by the wayside.