KCN India financial institution consortium launches blockchain KYC system [youtube https://www.youtube.com/watch?v=2R6X7KQawXY?rel=0&cc_load_policy=1&modestbranding=1&w=580&h=385]

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A blockchain consortium in India unveiled a brand new system for sharing details about prospects. In line with Coindesk, ClearChain system permits for the trade of buyer info, together with knowledge on wire transfers and investigatory experiences, together with Suspicious Exercise Studies. ClearChain is constructed with efforts to scale back fraud in enterprise lending.

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