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UK Banking Pilot Aims to Streamline Compliance Using Factom Blockchain

UK Banking Pilot Aims to Streamline Compliance Using Factom Blockchain – CoinDesk

Crypto startup Knabu is piloting bank regulatory reporting with Factom, one of the earliest enterprise blockchain companies. Revealed exclusively to CoinDesk, the London-based firm is launching the 30-day pilot today. Knabu is best known as a payments company with a smart-deposit product meant to help companies mitigate the risks of self-custodying assets on a blockchain.