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Sri Lanka’s Central Bank Selected Three Firms to Develop Blockchain Proof-of-Concept

Jean Zheng

Summary: According to Sri Lanka’s Daily Mirror on July 2, the project of proof-of-concept (PoC) for a shared Know Your Customer (KYC) facility using blockchain was initiated in fall 2019. The central bank is meant to establish a blockchain-based facility that would enable the government and the banking sector to securely share and update customer data ...

According to Sri Lanka’s Daily Mirror on July 2, the project of proof-of-concept (PoC) for a shared Know Your Customer (KYC) facility using blockchain was initiated in fall 2019.

The central bank is meant to establish a blockchain-based facility that would enable the government and the banking sector to securely share and update customer data nationwide.

It is reported that the process is expected to take six to nine months. 

by Jean Zheng

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Link: Sri Lanka’s Central Bank Selected Three Firms to Develop Blockchain Proof-of-Concept   [Copy]
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