Blockchain Firm Says Banks Need DLT to Manage Identities Better

Cointelegraph

Published Aug 12, 2020 06:46AM ET

Updated Aug 12, 2020 08:20AM ET

Blockchain firm HashCash Consultants claims that banks are "chief arbiters" of people's identities, and need blockchain technology to do it better.

According to an Aug. 11 announcement, “accurate identification of an individual is central to banking activities which makes them the chief arbiter of people's identities.” Still, the current system is not without its issues:

Continue Reading on Coin Telegraph