Blockchains and KYC Can Coexist Harmoniously

In recent years, the global financial landscape has witnessed a transformative shift as blockchain technology gains momentum, especially in the United Arab Emirates (UAE). One of the critical areas where this innovation is making a significant impact is in Know Your Customer (KYC) and Know Your Business (KYB) measures. As the UAE embraces digitalization, blockchain is emerging as a powerful tool for identity verification, compliance, and secure data management.