The Polish Credit Office (BIK) has announced that it will be moving up to 140 million credit records to Blockchain in what is seen as a significant development in the use of Blockchain for secure document management.
Billon and the Polish Credit Office, the largest credit bureau in Central and Eastern Europe will implement the new secure document management system. Billion says its offering is fully-GDPR compliant and is designed to offer total visibility, trackable history and full data integrity for any client-facing document including banking records, loan agreements, insurance claims, telephone bills and terms & conditions.
Poland's largest banks jointly own BIK and the new implementation will see around 24 million consumers and one million businesses in Poland make use of the new document management system in Blockchain. The system has been jointly developed and is believed to be the first example of a system being used to store and keep highly sensitive information such as credit records safe for secure access. Each month roughly 150 million documents will be processed using the system. read the rest here