Offers a unique set of advantages that enables the seamless and secure exchange of information between trusted entities on the blockchain.
The most trusted KYC Blockchain
Instant exchange of information across nodes for KYC verification.
Ensures secure exchange of information between trusted entities.
Significantly reduced processing cost.
As the process is completely automated, the compliance errors are greatly reduced.
Fast and Efficient
The blockchain facilitates the seamless and efficient exchange of information in the midst of different entities. It lessens the time and effort of the financial institutions steering due diligence processes.
DeCentralized KYC Process
Currently, the information set requested by different institutions for KYC is not uniform and this causes inefficiency and requires more time, effort and money. The KYC process will devise a common onboarding framework making the process more effective.
Use of Blockchain technology for KYC verification will result in a significant reduction of operational, infrastructure and processing costs.
The Belrium KYC Blockchain is a blend of the public and private blockchain. The private blockchain supports global remittance and the public blockchain backs the KYC compliance.
Secure Exchange of Information
The DPOS algorithm enables secure online contractual agreements. The algorithm adopts IPFS to protect the KYC related information. The smart contracts operate on a distributed public ledger and reward consistency and transparency. The blockchain ensures secure exchange of information between trusted entities.