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UAE banks and regulators to explore blockchain-based KYC utility

Retrieved on: 2018-02-06 18:07:30

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<div>Regulatory authorities in Abu Dhabi are kicking off a programme with a consortium of the region's banks to develop a shared KYC utility, possibly underpinned by <b>distributed ledger</b> technology. An industry coalition, comprising Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, Al Ansari Exchange, ...</div>

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