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MAS’ Ravi Menon: KYC a “powerful application” of blockchain

The blockchain buzz continues to sweep through the region, with Monetary Authority of Singapore (MAS) managing director Ravi Menon praising the new technology and singling out the KYC process as one of its “more powerful applications” in the financial services industry. Menon said in a speech at a global blockchain conference earlier this week, in which he addressed the chief…

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