[2015-12-02] The Bankchain Part IV: Centralized Exchanges & KYC Procedures

[jdebunt]

Over the course of three previous articles, the pros and cons of the bankchain concept have been thoroughly discussed. Even though most Bitcoin enthusiasts don’t see a viable future for private blockchains in the banking system, there are still a few aspects left to discuss. Regulation of bankchains will be important, and it remains to be seen how the Know-Your-Customer requirement will be tackled.

https://news.bitcoin.com/bankchain-part-iv-centralized-exchanges-kyc-procedures/