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The Transparency of Blockchain: Exploring KYC in Crypto
Some may imagine the world of cryptocurrency to be a shady one where knowing your customer is not guaranteed. But the opposite is true, according to Mathias Schütz, the CCO of EMEA at SEBA Bank, who instead champions the transparency provided by blockchain technology.
In this conversation with Doug Mackenzie, Schütz talks about the need for education around digital assets to avoid misconceptions about its legitimacy but also explores some of the authentication tools they use on customers digital wallets.
Their expertise and proximity to the world of crypto is so advanced and valuable that they’re also providing assistance to other financial institutions in this area.
He gives an example of a partner they’ve recently onboarded who gave them the opportunity to educate 300 of their relationship managers, so they can provide their clients with a renewed, secure and reliable crypto offering.
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