London Workshop Explores Benefits and Challenges of Blockchain for Identity
The Identity & KYC conference in London hosted a workshop on using blockchain technology to improve know-your-customer processes earlier this week. Led by blockchain compliance consultant Siân Jones, the workshop was attended by a group drawn from banks, financial institutions, startups and regulators. The group discussed several challenges faced by banks and financial institutions when it comes to identity, and whether or not the blockchain can help solve these problems. The overwhelming consensus was that even though the blockchain is very promising, it has many real-world....
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