The KYC blockchain should allow 'financial institutions to validate the trustworthiness of data present in the distributed ledger technology (DLT) platform.' blockchain KYC DLT
Arab Federation of Capital Markets Partners With UAE to Launch Blockchain Innovation Challenge
Participants are expected to create a platform that “enable[s] transparency and immutability,” according to the AFCM. Such a KYC platform would, in turn, “allow financial institutions to validate the trustworthiness of data present in the distributed ledger technology platform.” Blockchain will allow for an accumulation of data from multiple authoritative service providers into one single, cryptographically secured database. KYC verification through this type of architecture has the ability to be faster, more secure and more efficient than current verification procedures.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Israeli prime minister makes historic visit to Bahrain, seeking to fortify Arab coalition against IranPrime Minister Naftali Bennett’s first visit to the tiny, oil-rich country comes as Israel and Arab states of the Persian Gulf advance security collaboration — and as a shadow war between Israel and Iran becomes increasingly public.
Weiterlesen »
Cere Network and Polygon Launch 'NFT Content Monetization' Platform Davinci – Blockchain Bitcoin NewsCereNetwork and Polygon launched a non-fungible token (NFT) marketplace and Web3 platform called Davinci.
Weiterlesen »
Binance Smart Chain and Binance Chain become BNB ChainBinance Smart Chain rebrands itself to BNB, mimicking its own native coin, but standing for “Build and Build”.
Weiterlesen »
NFT Film Platform Cineverse Promises to Boost Indie FilmThe founder of the blockchain-based film sales platform Cinemarket is launching Cineverse, an ambitious start-up that will make it possible for filmmakers, distributors and producers to market film…
Weiterlesen »
$91M Paid for an NFT!!! The Top 10 Most Expensive NFTs Ever SoldDid you know that the most expensive NFT was sold for over $91M? A new week starts with a new video on our YouTube channel - watch the Top10 most expensive NFTs here:
Weiterlesen »
A Blockchain Answer to Moxie’s ‘Impressions of Web3’ | HackerNoonWhile critics have argued that Web3 is currently undermined by too much centralization, at least one blockchain platform promises end-to-end decentralization.
Weiterlesen »