Armstrong Economics Blog/Technology
Re-Posted Oct 23, 2019 by Martin Armstrong
According to the Guardian, the United States, United Kingdom, and Australia are looking to pressure Facebook to create a backdoor into its encrypted messaging apps. The governments, as always, want to access everything everyone says under the pretense of terrorism. However, once that is achieved, then it will be used for hunting taxes which they also declare is a criminal activity. Since Facebook bought WhatsApp, which is encrypted, they are looking to undermine the $16 billion they paid for WhatsApp as a secure messaging service.
For this very reason, our development of the Institutional Platform will allow clients to place their portfolios into the system and Socrates will run the analysis on all contents. However, your portfolio contents will remain on your internal system and we will have no access to see its contents to maintain privacy and security.