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R3 is excited to announce Dr. Alisa DiCaprio as our Chief Economist. Read the full announcement here.

Blockchains KYC / AMI Utilities for International Payments

November 2017

Abstract

Distributed ledger technology has features that enables applications that could address the correspondent banking problem. This paper looks at global de-risking and suggests that the creation of a global correspondent utility for correspondent banks and a linked KYC registry for individuals and businesses can effectively reintegrate excluded entities into the financial system, and improve government oversight of their activities.

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