Swapnil Pawar, Founder, Newrl
Mumbai (Maharashtra) [India], July 7 (ANI/NewsVoir): Newrl, a leading public blockchain for mainstream decentralized finance (DeFi), has announced KYC integration solutions for public blockchains in a first globally.
Newrl will now enable compliance for businesses and regulators by removing the anonymity on blockchains. This opens the doors for typical businesses to start embracing blockchain to improve their processes and expand their markets.
The solution is built in a manner where businesses don't have to necessarily integrate the KYC solution within their own application which relieves them from any security concerns. Users themselves will be responsible for keeping KYC records and information in their database for frequent and easy access.
The information is readily available for existing and new businesses, by requesting users to provide temporary "view-only" access. Even from the consumer perspective, the process has been simplified where they...
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