Published January 5, 2020 | Version v1
Conference paper Open

Demo: Blockchain for the Simplification and Automation of KYC Result Sharing

  • 1. University of Luxembourg

Description

Know Your Customer (KYC) processes performed by banks on their customers are redundant, cumbersome and costly. Therefore, a system is proposed to automate menial tasks and allow sharing of data related to KYC. A blockchain dictates the collaboration between different participants and several services are built around it to support the functionality of the system as a whole. An access control system is used to share data legitimately.

Files

2019_Demo_Blockchain_for_the_Simplification_Automation_of_KYC_Result_Sharing.pdf

Additional details

Funding

European Commission
CONCORDIA – Cyber security cOmpeteNCe fOr Research anD InnovAtion 830927