Will Blockchain address the existing issues of KYC?

Will Blockchain address the existing issues of KYC?

Introduction At a time when digital innovation has managed to percolate into every sphere of our life, security has grown as a major source of concern. From terrorism to money laundering and data leak, security is being compromised at different levels. The policy of KYC (Know Your Customer) was introduced as a measure to establish

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Impact of Blockchain in Human Resource and Recruitment Solutions

Impact of Blockchain in Human Resource and Recruitment Solutions

Blockchain in Human Resource Management will help recruiters find “diamonds in the rough” Organizations that recruit based on verifiable credentials can find candidates who are overlooked by other organizations that focus only on traditional education and resumes. This provides a competitive edge over hiring from a limited talent pool. Possible Implementations of Blockchain Knowing employees...

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What is a Blockchain Data Structure?

What is a Blockchain Data Structure?

Blockchain technology is a novel innovation that has brought about the much-needed stability and security in the cyber world. The competency of this decentralized and distributed ledger system has made it one of fastest growing technologies today, leading to its implementation in various fields. In fact, it has played a significant role in the growth

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How Blockchain Technology can Impact our Daily Lives?

How Blockchain Technology can Impact our Daily Lives?

Blockchain is basically a digital ledger where all kinds of transactions between individuals and organizations are recorded sequentially in time-wrapped blocks, using cryptography. The cryptographic element ensures that the ledger data cannot be altered by any of the parties involved, making it immutable and unhackable. The ledger is maintained and operated simultaneously by various...

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