As the world has become increasingly globalized, business is often not done face-to-face. Online forms have become the go to for a plethora of financial institutions. The high volume of applicants for different financial focused industries causes certain less-then-noble customers to slip through the cracks. To fix this problem Know Your Customer (KYC) tools are used. KYC tools range from as simple as sending a picture of your driver’s license to a bank in order to open an account online, to utilizing blockchain technology to verify your identity on its immutable ledger.
One such company that is developing a KYC blockchain application is Commercial Passport. In the fourth episode of Loft Talks Kabir Sethi and Evan Brown have a discussion with Commercial Passports Co-Founder and CEO Brice Penaud. The conversation covers, among other topics; his pathway into entrepreneurship, forcing a solution onto a problem, the meaning of the technology Commercial Passport is developing, the importance of listening as a leader. We hope that you enjoy listening to Evan and Kabir’s conversation with Brice as much as they enjoyed speaking with him.