Decentralized KYC Sharing
- TYPE: Combined Session DATE: Wednesday, May 10, 2017 TIME: 12:00-13:00 LOCATION: BODENSEE II
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:
Moderators:

European Identity & Cloud Conference 2017
- Language:
- English
- Registration fee:
-
€1980.00
$2475.00
S$3168.00
21780.00 kr
INVOICE
- Contact person:
-
Mr. Levent Kara
+49 211 23707710
lk@kuppingercole.com
- May 09 - 12, 2017 Munich, Germany