Tres Finance co-founder Tal Zackon recently warned businesses against using explorers when tracking their finances. Here are the most important points from his warning:
1. Explorers are not reliable: According to Zackon, explorers are not reliable when it comes to tracking financial transactions. They often miss out on important details and can lead to inaccurate data.
2. Security risks: Explorers can also pose a security risk as they are vulnerable to hacking and other cyber threats. This can lead to sensitive financial information being compromised.
3. Lack of transparency: Using explorers can also lead to a lack of transparency in financial transactions. This can make it difficult for businesses to track their expenses and revenue accurately.
In summary, businesses should avoid using explorers when tracking their finances as they are not reliable, pose a security risk, and can lead to a lack of transparency in financial transactions. Instead, businesses should opt for more secure and reliable methods of tracking their finances.