Exploring Know Your Customer Process
Know Your Customer, or KYC is a mechanism for checking and verifying the identity of customers. It is conducted as part of the process of preventing fraudulent activities and financial misconduct. It dynamically contends illegal action by obtaining and confirming customer data. The device advances trust in the system and assist financial institutions in controlling […]
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Community Governance Explained
Community Governance is amongst the many innovations that came out of the Blockchain evolution. It brings decentralization home delivering a reliably democratic system to those in the ecosystem. Centralized governance is gradually giving way to decentralized entities around the world due to its failing nature. Power is concentrated in the hands of those at the top. […]
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