POC - September 2017
'Know Your Customer' GDPR compliant platform for cross bank information sharing
The process of sharing information between affliated organizations is currently very time consuming and costly.
Together with Bhive, we built a TrustHive platform. A platform where we provide individuals and legal entities with a decentralized platform to manage their identity data. In accordance with GDPR's requirements, customers can determine how, what and until when their identity data is shared with organizations they trust through a user-friendly interface. The platform enables financial institutions and other participating organizations to benefit from identity verification undertaken by other affiliated organizations, with the consent of the customer, which could result in significant cost savings.