BAKU, Azerbaijan, March 20
By Sadraddin Aghjayev – Trend:
The Central Bank of Azerbaijan (CBA) has introduced a new innovative product (start-up project) to render the financial services, Trend reports on March 19 referring to the CBA.
The 'BankID' product enables individuals and legal entities to receive financial services from various suppliers through a single source.
Moreover, this blockchain-based system ensures complete privacy and data protection and completely eliminates the use of paper.
While using this platform, it is possible to order a debit card, as well as open a personal or business account for the corresponding purposes in any of the banks listed below.
Today the project participants are Unibank, VTB, ZiraatBank, AccessBank, AFBBANK, International Bank of Azerbaijan, AzerTurkBank, Bank Of Baku, Bank Respublika, Express Bank, Kapital Bank, Mugan Bank, Premium Bank, Turan Bank.
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