©2015 Bloomberg View NUO3826JTSE8 (Bloomberg View) — Tom Hayes. One would have to say that former UBS swaps trader Tom Hayes was pretty guilty of manipulating Libor, insofar as he gave 82 hours of recorded confessions in which he said things like “I probably deserve to be sitting here because,

Blockchain Technology is a decentralized system, and there is no need for third-party involvement, which means less money spent on intermediaries and more money saved by the end-users. Furthermore, all transactions made through Blockchain are safe, secure, and transparent, as any network member can easily see records. There is also the feature of smart contracts, which will ensure that both parties stick k with their part of the contract without any hassle.