AUSTRAC is building a blockchain for anti money laundering reports

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AUSTRAC is building a blockchain for anti money laundering reports

Smart contracts promise speed, efficiency gains.

Australia's financial intelligence agency AUSTRAC is building a proof of concept that would automate some anti money laundering and 'know your customer' reports on the blockchain. The agency is looking into so-called 'smart contracts' for international funds transfer instructions ...

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austrac blockchain financeit software

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