Central Bank Of Sri Lanka Looks To Build KYC System On Blockchain Tech

Sri Lanka Aims To Have KYC System On Blockchain | PYMNTS.com

The Central Bank of Sri Lanka has a call out for tech companies that can help it develop a blockchain-based know-your-customer (KYC) platform. The bank made the announcement on its website on Nov. 29, requesting tech companies who can build a “proof of concept” shared KYC system that would allow commercial banks and the central government to share and update customer data on a blockchain.