Cardano Supports Crypto Enthusiasts Interested In Managing Digital Identities Using Blockchain

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Cardano Supports Crypto Enthusiasts Interested In Managing Digital Identities Using Blockchain

Cardano is offering support to people who are interested in how to get the best out of blockchain technology.

Check out the latest announcement that the Cardano team dropped on social media.

Managing digital identities using blockchain

The blog post notes that “when it comes to onboarding customers to a new service such as a bank or exchange, users are required to upload identity documents to comply with know your customer (KYC) and anti-money laundering (AML) requirements.”

The notes continue and explain that “Here, we are going to explore how blockchain technology and digital identities can be used to speed up the KYC and AML process, make onboarding faster and easier for customers, and most importantly, we will discover how blockchain can make the storage of a user’s identity credentials safer.”

We recommend that you check out the blog post because it’s filled with exciting and interesting details and info.

Cardano’s Charles Hoskinson to speak at an important event

In other recent news, it’s been just revealed that Cardano’s Charles Hoskinson will be making an important move.

In other news, the Cardano Foundation dropped another exciting annocuement on their social media account, and you can check it out below.

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