Tag: Blockchain-based KYC Solution

Indian State Bank to Launch Blockchain-Based KYC Solution

With increasing demand for blockchain technology, more and more banks are employing blockchain-based systems meant to improve customer service and reduce costs. The State Bank of India, also known as the SBI, is the latest to join the race, as it will soon implement blockchain technology to manage Know Your Customer (KYC) protocols. No compromise of user confidentiality The platform, created in partnership with Primechain Technologies, will offer the bank an enterprise solution …
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