"Should it be allowed?" is the wrong question. A better one is "Will it work?" I'm betting the fraud on such a system would be both rampant and painfully opaqu

"Should it be allowed?" is the wrong question. A better one is "Will it work?" I'm betting the fraud on such a system would be both rampant and painfully opaque to the victims. Wait until the lawyers get a hold of that. Good companies would steer clear, defeating the entire effort. Send this back to the drawing board. Hint: The internet is not a requirement to ease the funding burden.