The blockchain PoC model focuses on onboarding customers across various platforms and organizations by introducing extensible Digital Identities and the concept of regulated KYC Added-Value Service Providers. Thus, customers can control directly to whom they share their personal information and documents, making a track of these authorizations in the distributed ledger with the help of smart contracts.
In the blockchain model, the KYC Added-Value Services Providers are regulated entities, authorized to conduct KYC (Know-Your-Customer) services for user communities that are willing to enter in business relationships with various institutions such as banks, insurance companies, funds, asset servicers, among others.
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