Cambridge Blockchain

Cambridge Blockchain and IHS Markit join forces to bring DLT to KYC data collection

Cambridge Blockchain and IHS Markit have teamed up to bring distributed digital identity technology to the collection and management of know-your-customer information. KYC costs now exceed $500 million a year for big banks, while strict data privacy rules such as the European GDPR limit the ability to access validated customer identity attributes and come with…