The Company is building a banking platform based on a “permissioned” Ethereum blockchain implementation of a distributed ledger using smart contracts technology. The platform is based on a decentralised information model to minimise costs while maximising data fidelity and security. Using biometrics to facilitate client on- boarding and transaction authentication, with big data analytics to optimise match-making and control risk and with AI-based customer self-service intended to provide banking services for all.
