# Traditional Models > The traditional banking model achieves a level of privacy by limiting access to information to the parties involved and the trusted third party. > > \- Satoshi Nakamoto, Bitcoin Whitepaper ![](/files/yWzRaC9c9vveQquWkVW3) Traditional banking systems work by holding data about each of the bank’s account holders on secure systems managed and maintained by the bank. These systems are used as a means to tie an account or source of funds to an individual or business with the bank acting as a trusted guardian of the information. While the systems are designed for exclusive use of the bank or institution who keeps the details, these identity systems are frequently built using legacy frameworks that have been adapted to on-line requirements which has led to many instances of customer data being accessed and used maliciously to perpetrate theft and fraud against bank account holders. \\ --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://hub.bsvblockchain.org/higher-learning/bsv-academy/bsv-theory/privacy/traditional-models.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.