Here's a gues post from Coin News Desk Team from Coin News Desk

ADGM (Abu Dhabi Global Market) of the United Arab Emirates (UAE) announced the successful completion of the proof-of-concept of KYC (customer confirmation) using block chains. This project began in March this year, UAE major financial institutions including Abu Dhabi Commercial Bank and ADGM’s Financial Services Regulatory Agency (FSRA) are cooperating. The KYC application utilizing the ...

The article Reported that UAE Financial Center succeeded in demonstrating the concept of KYC using block chains was originally published at Coin News Desk - Providing the Latest Coin News from the Cryptocurrency Space