Pikcio brings GDPR compliant customer data handling solutions on the blockchain to GITEX

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.