Regulations
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What is KYC & How KYC on Blockchain Can Help?
- 27 April, 2017
- Posted by: toshendra
- Category: Blockchain, Use Cases
1 Comment
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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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