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Sri Lanka Central Bank Selects Shortlist for Blockchain Proof-of-Concept

by CBDC Insider Staff
July 4, 2020
in Asia, Business
Reading Time: 1min read
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Sri Lanka Central Bank Selects Shortlist for Blockchain Proof-of-Concept
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Sri Lanka’s central bank has selected a shortlist of three firms to develop a proof-of-concept (PoC) for a shared Know Your Customer (KYC) facility using blockchain.
The project was initiated in fall 2019, according to a report from Sri Lanka’s Daily Mirror on July 2. The central bank is looking to establish a blockchain-based facility that would enable the government and the banking sector to securely share and update customer data nationwide.

Continue read: https://cointelegraph.com/news/sri-lanka-central-bank-selects-shortlist-for-blockchain-proof-of-concept

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