Crowd sourcing is powerful. A million computers with a million users all sifting through a massive pile of information is the way to do it. There are only so many pieces of straw in a haystack.
It must be noted however that the organization in charge of the Panama Papers search to date is not releasing all of the information it has wholesale.
On Monday, people everywhere will be able to see for themselves which politicians, celebrities and business executives allegedly kept secret shell companies that were exposed in the Panama Papers.
A Google-like searchable database is expected to go live at 2 p.m. ET, detailing ties between 368,000 people and 300,000 offshore entities.
It’s being released by the International Consortium of Investigative Journalists.
“You’ll see companies and their official owners. This is information that’s never been available,” said Marina Walker Guevara, ICIJ’s deputy director. “We think that information about who owns the company should be public and transparent.”