Blockchain Can Help Banks to Better Manage the Identity of Customers

Know your customer (KYC) — a key process in the banking industry — is about identifying and verifying customer identity. Overviewing the KYC challenges, the blog post investigates into how blockchain can come to the rescue. The article also shares major prerequisites for creating a solution that could aid both large institutions and small companies to address the KYC complexities.

Blockchain Can Help Banks to Better Manage the Identity of Customers - Cloud Foundry Live | Altoros