The new product also aims to protect data from exposure to cyber criminals. The announcement did not indicate which institutions have adopted the blockchain-based watchlist, but Barron’s, The Wall Street Journal and Deutsche Bank are among those listed in association with Dow Jones’s risk management and compliance arm.
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Dow Jones Blockchain Product Aims to Protect Data, Vet Third Parties
Dow Jones Risk & Compliance and EastNets are developing a blockchain-based watchlist to improve compliance and identify “high-risk” third parties involved in business transactions. So reports Cointelegraph.
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