Decentralized KYC Sharing

  • TYPE: Combined Session DATE: Wednesday, May 10, 2017 TIME: 12:00-13:00 LOCATION: BODENSEE II
Track

Know Your Customer (KYC) via Distributed Ledger Technology

Know Your Customer costs are spiralling due to increased AML requirements. Often the same checks are being performed repeatedly both within and across financial institutions. DLT can potentially be used to enable portable financial digital identities that can be used across multiple institutions avoiding this unnecessary duplication of requests. Steve will show what such a DLT application may look like and consider what barriers there could be to make it work. Ultimately we believe a portable financial digital identity could have great utility both within and beyond financial services, leveraging core capabilities that already exist in banks.

Key Takeaways:

  • The KYC sharing opportunity could be a significant catalyst for digital identity
  • DLT / Blockchain can address some of the inherent pain points in current federated identity
  • Banks have an important role in digital identity

Speaker:

Steve Pannifer is a director of Consult Hyperion as well as being an identity technology and security expert. Steve works with banks, mobile operators and leading technology companies on digital identity strategy covering all aspects of digital identity – commercial, technical and...


Moderators:


Munich, Germany

Congress

European Identity & Cloud Conference 2017

Language:
English
Registration fee:
€1980.00 $2475.00 S$3168.00 21780.00 kr
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Contact person:

Mr. Levent Kara
+49 211 23707710
lk@kuppingercole.com
  • May 09 - 12, 2017 Munich, Germany