Deloitte integrates blockchain-based digital credentials from KILT for KYC, KYB

Deloitte’s Know Your Customer (KYC) and Know Your Business (KYB) certificates are getting a blockchain twist with the integration of KILT, an identity blockchain created by German company BOTLabs.

Deloitte Consulting AG, a part of Deloitte Switzerland, will be using KILT for issuing reusable digital credentials for KYC and KYB processes that verify the identity of an individual or the existence of a business. The credentials will be used for regulatory compliance for banking and Decentralized Finance (DeFi), …

biometrics news blockchain business certificates civil consulting credentials customer decentralized identifiers (dids) deloitte digital financial services german identity integration kilt know your customer kyb kyc national id reusable identity switzerland