Use Cases Of Blockchain In Banks KYC And Identity Verification Training Ppt
This slide depicts how Blockchain is used for KYC and identity verification in the banking industry. It demonstrates that every bank account holder wants to protect their funds from cybercriminals and fraudsters. On the other hand, banks suffer significantly in terms of efficiency because the authentication and authorization processes are to be complied with. Blockchain can help banks avoid repeated verification for some services, creating more efficiencies.
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