Cambridge Blockchain provides digital identity enterprise software for financial institutions. Financial institutions face growing compliance challenges related to identity, with know-your-customer costs that can reach hundreds of millions of dollars per year for large banks. Strict data privacy rules such as the European General Data Protection Regulation also limit the ability to access validated customer identity attributes from other trusted parties
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http://www.americanbanker.com/news/paypal-backe...
PayPal-backed blockchain aims to help banks verify digital IDs
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https://www.crowdfundinsider.com/2019/04/145975...
Digital Identity Enterprise Software Provider Cambridge Blockchain Receives Investment From PayPal
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