Q2 2023 | norbloc’s newsletter
The last couple of months have been riddled with happenings in the financial world. From stricter regulations in the crypto space looming on us and fines for faulty due diligence, to yet another unsuccessful centralized utility effort.In case you missed
The sad conclusion of an effort to make bank customers happier (and banks and regulators too!)
Opinion Piece -- Monday the 24th of April 2023 was a sad day for banking customers in Sweden; even though the vast majority of us would not immediately appreciate the negative news. The latest effort of Swedish banks to create a Know-Your-Customer
5 Things we Learnt at this Year’s MIT Global Startup Workshop
On 30th and 31st, March, the Massachusetts Institute of Technology (MIT) brought its world-renowned technology and entrepreneurship expertise to Athens for the 25th Global Startup Workshop and of course norbloc was there to listen and learn. Now, we are here
The Future of Digital ID: a discussion with norbloc & the Dubai FSA
Increasing focus is placed on technical solutions to anti-money laundering checks. The potential for new technologies in machine learning, and new tech-focused business models such as utilities, provide enhanced screening for the financial sector to meet legal obligations. At the
Q1 2023 | norbloc’s newsletter
Tune in to find out the latest industry news worth knowing from the first quarter of 2023, as well as insights, reports and webinars brought to you by team norbloc. All you need to know about DLT KYC Utilities and more.. norbloc
Distributed Ledger Technology (DLT) vs. API Connectivity: what use cases does each cater to?
Below is a brief introduction to the topic of DLT versus API, discussing the key differences, weaknesses and advantages that each have when it comes to sharing and consuming legally significant data. We also put forward the key questions and
norbloc: an innovative blockchain solution
In February's issue of Netweek Astyanax shared norbloc's plans for Fides, the Web3 KYC utility solution.
The first two years of a distributed KYC Utility
Know-Your-Customer (KYC) in Finance is as popular as Mortgage-Backed Securities were in 2009. It causes enormous pains to customers, financial institutions, and regulators alike. It is almost impressive how an operation theoretically so simple can be so universally disliked. At
Correspondent banking faces a costly and complex future
Elliot Wilson and Astyanax Kanakakis on counterparty risk in financial institutions.
Avoiding Pandora’s box of data breaches with RegTech
When cases of data breaches hit the news almost daily, protecting customer data becomes more important than ever. Cybernews interview with norbloc's Co-founder & CEO, Astyanax Kanakakis As more aspects of our lives digitize, many companies and especially financial institutions providing online