United Arab Emirates: Customer data is the internet’s new currency. For companies, collecting, authenticating and protecting their customers data is an effort amounting to billions of dollars each year. Traditional data handling solutions are not built with newly implemented, data protection legislation like GDPR in mind, resulting in an increase of processing costs and time as well as poor customer satisfaction and ROI.
Pikcio has developed a customer data exchange platform on its own custom built, fully GDPR compliant blockchain, that seamlessly solves all these issues.
Pikcio is able to offer 100% digital native solutions for every organization facing complex processes to collect, verify and classify customer data.
For businesses, our fully GDPR compliant, customer data exchange has many benefits: It is customizable, it permits companies to benefit from a non-invasive infrastructure, a reduced third-party dependence and a stronger, faster & cheaper user identification. It eliminates redundancies & enhances data collaboration across departments and business lines.
Pikciochain is a data agnostic platform, in order to manage and handle a wide range of use cases and products. It handles both corporate and personal data. The first solutions have been developed in the banking, insurance and health care sectors. However, Pikciochain is an open platform where every corporation can create its own solution.
As an example, for the banking & insurance sectors, our shared ledger platform benefits all stakeholders by :
Enabling greater transparency :
Immutable ledger that enables sharing of KYC information across banks
Reducing operational inefficiencies :
Reduces customer onboarding time by 50-75 percent and enhances customer experience
Ensuring up-to-date customer data:
A single source for customer data reduces potential for fraud.
Founded in 2014, Pikcio is present in 10 different countries including the US, Japan, & France, our MENA operations are run from Bahrain Fintech Bay.
Join us for a conversation at the GITEX 2018:
You can get in contact with us at the French Tech pavilion stand D4-15. For more information please contact:
Cyril Ghanem, Customer Experience - Middle East, cyril.ghanem@pikcio.com
© Press Release 2018Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
