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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…
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…
Open-source blockchain platforms provide developers with tools to build decentralized applications and enterprise blockchain solutions.