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Loading...Introduction to RegTech Compliance Automation
When I first started working on RegTech compliance automation, I realized that choosing the right blockchain platform was crucial. Last quarter, our team discovered that Hyperledger Fabric 2.4, Corda 5.0, and Camunda 8.2 were the top contenders. Here's what I learned when comparing these blockchain-based solutions.
The Problem with Traditional Compliance Systems
Most traditional compliance systems are manual, time-consuming, and prone to errors. I was frustrated when I saw how much time our team spent on manual compliance checks. This surprised me, as I thought technology would have solved this problem by now.
Hyperledger Fabric 2.4: A Deep Dive
Hyperledger Fabric 2.4 is a popular choice for blockchain-based RegTech compliance automation. I realized that it only works if you also implement a robust smart contract framework.
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