STOCKHOLM – Nov. 21, 2018 – PRLog — Today was announced that norbloc was selected as one of the world’s Top-100 most innovative RegTech companies and was included in the 2019 REGTECH100 list. (http://fintech.global/regtech100/).
norbloc’s flagship product, Fides, is a revolutionary blockchain KYC platform that allows GDPR-compliant sharing of validated customer data as well as the monetization on KYC efforts among financial institutions and market participants. Fides is a leading production-ready blockchain KYC platform that has already been tested by top-tier global banks and is currently being implemented across financial institutions in Europe and the Middle East.
The REGTECH100 is an annual list of 100 of the world’s most innovative RegTech companies. These are the companies every financial institution needs to know about as they consider and develop their mission-critical RegTech and digital transformation strategies. The 2018 REGTECH100 list received worldwide attention. The list has been updated for 2019 in the face of the new regulatory challenges financial institutions are facing. It will help senior management at compliance, technology and innovation divisions sort through all the suppliers and identify companies who are most likely to have a lasting impact on the industry.
Astyanax Kanakakis, CEO & Co-founder of norbloc, said, “We are excited and honored to be included in the prestigious list of REGTECH100 companies that make an innovative use of technology to solve a significant industry regulatory and compliance problem. 2018 was a greatly successful year for norbloc, a year that set high standards for our further growth in a promising 2019. We are continuously expanding our client base, working with top-tier financial institutions and governments in Europe and the Middle East in some of the world’s most advanced pilot and production blockchain KYC implementations.”
Our aim is to give customers full control of their data, enable better regulatory compliance and significantly reduce costs for financial institutions.
