Use Cases
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How Crowdsale or Crowdfunding in Blockchain Works?
- 9 May, 2017
- Posted by: toshendra
- Category: Blockchain, Ethereum, Use Cases
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Let’s say you have got an idea to develop a new innovative gadget (a pen size printer, [imaginary gadget of course]) which will let anyone print the pages on the go at a very low cost. The idea sounds fantastic but you need initial capital to support the production as well as your ongoing research.
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What is KYC & How KYC on Blockchain Can Help?
- 27 April, 2017
- Posted by: toshendra
- Category: Blockchain, Use Cases
Know your customer (KYC) is the process of a business, identifying and verifying the identity of its clients. The term is also used to refer to the bank regulation which governs these activities. AML & KYC are used interchangeably sometimes. Though they are completely different standards & regulations. Blockchain can be used to do the
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Key Use Cases of Blockchain
- 14 April, 2017
- Posted by: toshendra
- Category: Blockchain, Use Cases
Blockchain is a way out of most of the economic and financial problems of the world. Still though in its nascent stages, it has begun to revolutionize the whole world. Some of the major corporations of the world have begun to scratch the surface of the technology. It is a contemporary living example of how
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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