Blogs
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Document Verification System using Blockchain
- 14 April, 2017
- Posted by: toshendra
- Category: Blockchain, Development, Multichain
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The key issues in document verification for banks and other businesses are in storage, retrieval and access to data. Hence came blockchain technology to solve these problems in storing and accessing of data. Blockchain technology provides a common shared platform from where to store, retrieve and access documents. The very nature of the technology is
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Regulations around Blockchain & KYC
- 14 April, 2017
- Posted by: toshendra
- Category: Bitcoin, Blockchain
Blockchain technology is still in its nascent stages. The BFSI (Banking, Financial Services, and Insurance) sector has begun exploring the technology’s potential. However, there still seems to be a long way to go for companies to put the technology to use. The reason is that regulations around the technology and its use cases are in
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How Businesses Can Save Time & Money Using Blockchain-based KYC?
- 14 April, 2017
- Posted by: toshendra
- Category: Blockchain, Use Cases
KYC is a cumbersome, time-consuming, arduous and expensive process in the banking sector, financial institutions, and other businesses. There are many challenges in KYC processes, which primarily involve huge costs, effort and time. Hence, with centralized databases, the process has become quite a sort of a headache to banks and other businesses. So, let’s see
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What is Blockchain aka Distributed Ledger Technology
- 14 April, 2017
- Posted by: toshendra
- Category: Blockchain
There are a lot of talks about Blockchain in the market. You might have heard that it is related to Bitcoin but how exactly it is related? You have no clue. Let me explain the Blockchain in a common human language and help you relate it to your real life scenarios or objects. Let’s start