Australian Pre-IPO Blockchain Startup Helps Banks Fight Money Laundering

[1] Two Sydney-based companies Kyckr and Identitii publicized their usage of Bitcoin’s blockchain technology, to develop strategies for commercial banks to curb international money laundering and terrorism.

[2] Soon-to-be an IPO, real-time platform provider Kyckr has created a blockchain-based global real-time identity verification.

[3] Kyckr’s CEO David Cassidy strongly believes their real-time blockchain-based software  will be a great asset for banks, specifically money laundering and terrorism financing-related issues.

[Source] Australian Information Technology News – Australian Pre-IPO Blockchain Startup Helps Banks Fight Money Laundering