Dubai Welcomes Global Businesses With First Blockchain KYC Platform

Cointelegraph

Published Mar 01, 2020 05:00PM ET

Updated Mar 01, 2020 06:42PM ET

Dubai Welcomes Global Businesses With First Blockchain KYC Platform

Dubai International Financial Centre (DIFC) and Mashreq bank announced the launch of their new blockchain data-sharing platform on March 1st.

This platform will allow licensed businesses and corporations to open digital bank accounts instantly by verifying their identities via an internal blockchain.

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