{"id":5378,"date":"2016-11-14T08:50:58","date_gmt":"2016-11-14T07:50:58","guid":{"rendered":"http:\/\/eastwind.es\/marketing\/en\/?p=5378"},"modified":"2016-11-14T11:59:42","modified_gmt":"2016-11-14T10:59:42","slug":"ibm-and-kyck-develop-faster-clients-boarding-system-based-on-blockchain","status":"publish","type":"post","link":"https:\/\/eastwind.es\/marketing\/en\/ibm-and-kyck-develop-faster-clients-boarding-system-based-on-blockchain\/","title":{"rendered":"IBM and KYCK! develop faster clients ‘boarding’ system based on blockchain"},"content":{"rendered":"

IBM and Singapore headquartered fintech startup KYCK! announced a blockchain project \u00a0to help enable financial services providers to more rapidly on-board their customers in a secure environment. Both companies unveiled the new system during\u00a0the Singapore FinTech Festival.<\/p>\n

Working with the IBM Bluemix Garage in this Asian country to design and test the new solution to be built on the Hyperledger Fabric, KYCK! intends to provide brokerages a platform with video conferencing and encrypted document submission capabilities for the secure on-boarding of new customers. The platform also aims to provide enhanced identification validation through a trusted blockchain based business network that will potentially include banking and governmental entities. Once identity verification is confirmed, KYCK! will enter the customer’s information into current bank-based checks or third-party KYCK! systems before account on-boarding.<\/p>\n

The IBM Blockchain based solution will be secured by the IBM High-Security Business network (HSBN) and delivered via Bluemix, IBM’s cloud platform. This enables KYCK! to handle sensitive data with additional levels of security that can help protect against unauthorized access and tampering, assure IBM and the startup.<\/p>\n

Through the application of blockchain technologies on cloud, banks can streamline operations by adopting a one-time process with secure data protection and enhanced identity verification. Using the open-source\u00a0Hyperledger Project\u00a0Fabric, immutability, traceability and privacy of the information is provided on a permissioned distributed ledger which is critical in a highly regulated environment, IBM explains<\/p>\n

A fintech startup, established by experienced professionals in the financial field<\/strong><\/span><\/p>\n

KYCK! is a startup, co-founded by two Singaporeans, Darryl Tan and Ashley Loo, to provide users with information pertaining to the Southeast Asia Exchanges and access to brokerage demo accounts with easy on-boarding opportunities.<\/p>\n

As former sales traders, the co-founders personally experienced the inefficiencies of the customer on-boarding process due to stringent financial compliance requirements. This gave them the idea of starting a business that focuses on improving the client on-boarding process and enhancing the overall customer experience by deploying secured and appropriate technology capabilities.<\/p>\n

\"Darryl<\/a>
Darryl Tan -left- and Ashley Loo, co-Founders of CYCK!. \u00a9 finKYCK Pte Ltd<\/span><\/figcaption><\/figure>\n

Currently, Darryl Tan is also a Founding and Managing Partner of Cleantech Incubator Lignar Labs and working with VC partners to identify and curate new Cleantech technologies.
\nAshley Loo is currently part of the Massachusetts Institute of Technology\u2019s (MIT) Fintech program and their Asia Pacific community.<\/p>\n

On IBM Bluemix Garage<\/strong><\/span><\/p>\n

Blockchain is one of the more than 150 advanced services and APIs available to developers on Bluemix. Bluemix has rapidly grown to become one of the largest open, public cloud deployments in the world. Based on open standards, it features advanced technologies spanning categories of cognitive computing, cloud data analytics, blockchain and Internet of Things.<\/p>\n

The IBM Bluemix Garages serve as hubs for developers, product managers and designers to come together to rapidly design and develop successful applications on Bluemix. With a total of eight Bluemix Garages globally, the Singapore Bluemix Garage is one of the latest to be added to the IBM global network, which includes locations in\u00a0London,\u00a0New York,\u00a0Nice,\u00a0Melbourne,\u00a0San Francisco,\u00a0Tokyo\u00a0and\u00a0Toronto.<\/p>\n

Image over the headline.- <\/strong>Respectiely, \u00a9 IBM and \u00a9 <\/strong>finKYCK Pte Ltd.<\/span><\/p>\n

Related Eastwind links<\/span>:<\/strong><\/span><\/p>\n

Visa premieres B2B payment solution built on Blockchain<\/span>
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\nBitcoin pioneer in India, Coinsecure looking for financing
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\nRelated Eastwindmarketing links<\/span>:<\/strong><\/span><\/p>\n

IBM launches Project Intu to easily embed Watson in any device<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

IBM and Singapore headquartered fintech startup KYCK! announced a blockchain project \u00a0to help enable financial services providers to more rapidly on-board their customers in a secure environment. Both companies unveiled the new system during\u00a0the Singapore FinTech Festival. Working with the IBM Bluemix Garage in this Asian country to design and test the new solution to …<\/p>\n

IBM and KYCK! develop faster clients ‘boarding’ system based on blockchain<\/span> Leer m\u00e1s »<\/a><\/p>\n","protected":false},"author":8,"featured_media":5381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[3],"tags":[4504,4505,4503,4193,2837,939],"yst_prominent_words":[],"_links":{"self":[{"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/posts\/5378"}],"collection":[{"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/comments?post=5378"}],"version-history":[{"count":0,"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/posts\/5378\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/media\/5381"}],"wp:attachment":[{"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/media?parent=5378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/categories?post=5378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/tags?post=5378"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/yst_prominent_words?post=5378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}