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Central Bank of Sri Lanka to Build Blockchain-Based KYC Platform

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Blockchain Adoption is taking over the world. Sri Lanka’s financial sector and the IT industry are in plans to adopt blockchain for the Central Bank KYC process. This Know-Your-Customer platform will be developed using blockchain technology. Sri Lanka will further evaluate the possibility of adopting Blockchain Technology to further advance its financial sector. 

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The Central Bank of Sri Lanka (CBSL) has also decided to develop a Proof-of-Concept of a Shared KYC. The CBSL invites tech companies to develop this POC. However, only companies with 2 years of track record can apply for this national project.

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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