Nearly 39 firms have completed three hundred transactions on the Know Your Customer (KYC) application developed on Corda blockchain platform. The CEO of R3, David E Rutter stated, “KYC requirements present a significant challenge to financial institutions and the process is often slow and time-consuming.†The transactions were carried from 19 countries across eight time-zones.
BusinessFinancial Institutions
IncryptsJun 29, 20180
R3 Corda blockchain supports over 300 transactions

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