IHS Markit Teams With Cambridge Blockchain for Improved KYC Functionality

The pairing was spurred on, in part, by the looming General Data Protection Rule, which is due to go into effect in Europe later this year.

blockchain

Matthew Commons, chief executive of Cambridge Blockchain, tells WaterTechnology that his company’s software is set up to store, share and validate IHS Markit’s data.

The traditional way to handle know-your-customer (KYC) compliance is through a hub-and-spoke model, where all the information is fed into a centralized utility. Commons contends that by having a distributed ledger underpinning the system, it’s less costly to connect multiple different identity validators and the customer can have

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Register for free

Access two articles, our IMD and Waters Wraps, plus a member newsletter. Find out more.

All fields are mandatory unless otherwise highlighted.

Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T

Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here