Blockchain Compliance, RWAs 10x faster, cheaper than TradFi

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Blockchain-based investment products and compliance tools are poised to become more than 10 times faster and cheaper than traditional finance (TradFi) offerings, spurring increased digital asset adoption by financial institutions.

Traditional financial compliance products are often fragmented and expensive due to complex manual processes, resulting in billions of dollars in costs.

“Compliance is an inefficient part of the traditional finance industry that a lot of people are not happy about, including identity verification of AML and KYC,”…



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Blockchain Compliance, RWAs 10x faster, cheaper than TradFi


Blockchain-based investment products and compliance tools are poised to become more than 10 times faster and cheaper than traditional finance (TradFi) offerings, spurring increased digital asset adoption by financial institutions.

Traditional financial compliance products are often fragmented and expensive due to complex manual processes, resulting in billions of dollars in costs.

“Compliance is an inefficient part of the traditional finance industry that a lot of people are not happy about, including identity verification of AML and KYC,”…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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