Banks turn to blockchain to cope with compliance

//Banks turn to blockchain to cope with compliance

Banks turn to blockchain to cope with compliance

Six financial services institutions are looking to ‘smart contracts’ – powered by similar encryption techniques to those underpinning the bitcoin virtual currency – to help verify identity checks as required by new EU-wide regulations. MiFID II is the latest version of the Markets in Financial Instruments Directive.

By | 2018-01-04T17:42:10+00:00 December 12th, 2017|Uncategorized|0 Comments

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