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One of the most promising use-case for distributed ledgers in financial services is the implementation of compliance and risk management solutions. In this session, we will analyze how the blockchain technology can be used to build trusted registries of identity and ‘know your customer’ data about individuals or companies, with concrete examples. We will also highlight the difficulties of such approaches and discuss the possible scenarios of evolution in this domain.
One of the most promising use-case for distributed ledgers in financial services is the implementation of compliance and risk management solutions. In this session, we will analyze how the blockchain technology can be used to build trusted registries of identity and ‘know your customer’ data about individuals or companies, with concrete examples. We will also highlight the difficulties of such approaches and discuss the possible scenarios of evolution in this domain.