Demo: Blockchain for the Simplification and Automation of KYC Result Sharing
English
Norvill, Robert[University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > >]
Steichen, Mathis[University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > >]
Shbair, Wazen[University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > >]
State, Radu[University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > >]
14-May-2019
IEEE International Conference on Blockchain and Cryptocurrency (ICBC 2019)
IEEE Xplore
Yes
International
IEEE International Conference on Blockchain and Cryptocurrency (ICBC 2019)
from 14-05-2019 to 17-05-2019
IEEE
Seoul
South Korea
[en] KYC ; Blockchain ; DLT
[en] Know Your Customer (KYC) processes performed by banks on their customers are redundant, cumbersome and costly. Therefore, a system is proposed to automate menial tasks and allow sharing of data related to KYC. A blockchain dictates the collaboration between different participants and several services are built around it to support the functionality of the system as a whole. An access control system is used to share data legitimately.
Researchers ; Professionals ; Students ; General public