Improvising Customer Onboarding KYC With Blockchain Technology
Blockchain technology is capable of transforming the way that the finance industry handles the KYC process for online transactions. By unifying the KYC process, Blockchain will make customer identification and authorization more efficient in the finance industry. Not only the fintech industry, but other industries that rely on customer identity information can also be beneficiaries of the blockchain-based KYC process. For More information read this article. Various industry verticals have begun to leverage blockchain technology. Sectors such as rental real estate, education, trade, and entertainment services are among the early adopters of this technology. However, the financial sector