{"id":7406,"date":"2017-12-11T09:02:26","date_gmt":"2017-12-11T09:02:26","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=7406"},"modified":"2017-12-13T05:58:18","modified_gmt":"2017-12-13T05:58:18","slug":"lenders-should-use-blockchain-for-identity-verification","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/lenders-should-use-blockchain-for-identity-verification\/","title":{"rendered":"Lenders should use blockchain for identity verification"},"content":{"rendered":"<p>A panel discussion of experts on blockchain technology was held during the American Banker\u2019s Digital Lending and Investing conference. During the discussion, the experts concluded that lenders need to start using blockchain technology not only for smart contracts but also for identity verification. They argue that, if lenders move to verifying identity using blockchains, it will lower costs. Eventually, with the cost of trust reduced, lenders will be able to lend to larger coalitions and offer more tailored lending products. It\u2019s a win-win situation for both lenders and consumers.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-7406 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='The importance of data science skills in HR'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-importance-of-data-science-skills-in-hr\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/05\/business-presentation-laptop-screen_53876-13516-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12740\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12740'>\n\t\t\t\tThe importance of data science skills in HR\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='12 Fintech Trends To Watch For In 2020'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/12-fintech-trends-to-watch-for-in-2020\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/01\/fintech-trends-2020-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-14435\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14435'>\n\t\t\t\t12 Fintech Trends To Watch For In 2020\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='12 expert opinions on HR tech'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/12-expert-opinions-on-hr-tech\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/04\/12-expert-opinions-on-hr-tech-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12555\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12555'>\n\t\t\t\t12 expert opinions on HR tech\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>A panel discussion of experts on blockchain technology was held during the American Banker\u2019s Digital Lending and Investing conference. During the discussion, the experts concluded that lenders need to start using blockchain technology not only for smart contracts but also for identity verification. They argue that, if lenders move to verifying identity using blockchains, it &hellip;<\/p>\n","protected":false},"author":5,"featured_media":7652,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[45,206,129],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7406"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=7406"}],"version-history":[{"count":3,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7406\/revisions"}],"predecessor-version":[{"id":7438,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7406\/revisions\/7438"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/7652"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=7406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=7406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=7406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}