Blockchain KYC (Know Your Customer) utilizes decentralized technology to streamline identity verification processes for businesses and financial institutions. Traditional KYC methods involve manual paperwork, delays, and increased fraud risks. Implementing blockchain allows customer data to be securely stored and verified across multiple parties in real time, reducing errors and fraud. Blockchain KYC ensures data privacy, compliance, and transparency, allowing customers to maintain control over their personal information while enabling faster, more reliable identity checks for financial institutions and other regulated industries.