Optimised and dynamic KYC system based on blockchain technology
作者: José Parra MoyanoTryggvi ThoroddsenOmri Ross
刊名: International Journal of Blockchains and Cryptocurrencies, 2019, Vol.1 (1)
来源数据库: Inderscience Enterprises Limited
原始语种摘要: Systems that use blockchain technology to improve the know-your-customer (KYC) process have only been proposed at a conceptual level and all share certain attributes that make their adoption very difficult. We propose and program a blockchain-based system that reduces and shares out among the financial institutions (FIs) that work with a customer the costs of the KYC process and also makes it possible for FIs to dynamically update information related to customers and disseminates this information among participating FIs. Additionally, our system addresses some of the attributes that hinder the adoption of previously proposed solutions by FIs. The result is a stand-alone solution that reduces the cost of the KYC process without requiring any central instance to store the customer's data,...

  • dynamic 动力学的
  • system 
  • adoption 采纳
  • customer 用户
  • costs 费用
  • share 分配
  • technology 工艺
  • process 过程
  • information 报告
  • proposed 建议的