HSBC is the first foreign bank on Dubai’s KYC blockchain

HSBC is the first foreign bank on Dubai’s KYC blockchain

HSBC, the global banking giant, has been successfully onboarded to the regional Know-Your-Customer (KYC)-focused private blockchain backed by Dubai‘s government. HSBC is the first foreign bank to go live on the “UAE KYC Blockchain Platform,” which was established by the Dubai-based Department of Economic Development, dubbed “Dubai Economy,” and is the fourth founding member. The […]