Ostern, Nadine Kathrin; Riedel, Johannes - In: Business & Information Systems Engineering 63 (2020) 5, pp. 551-567
Blockchain technology is often proposed as an infrastructure for decentralized Know-Your-Customer (KYC) verification, i ….e., a process determining whether a customer is eligible for a given transaction. The benefit of using blockchain technology … and prototypes of blockchain-based KYC-systems, they do not yet consider severe penalties that are applicable to companies …