Blockchain technology has made possible a fully digitalized and decentralized interaction between two key points for the prevention of money laundering and terrorist financing (AML & CTF). Mainly by applying KYC measures to obliged subjects and offering an extra security and transparency layer.
The digitalization of internal procedures implemented by companies has led to the use of Digital Identification Systems (DIS) that ensure the authenticity of documents and customers’ identities.
Don’t miss our newest article covering the interaction between Digital Identity and KYC 
https://nearlegal.com/digital-identification-and-the-prevention-of-money-laundering/