The existing KYC systems are inefficient; they involve a costly, drawn-out practice where specific documents are shown and some background check or verification takes place. According to research by a leading corporate brand, Thomson Reuters, it takes 32 days to complete KYC(blockchain kyc solution company in India) checks. Furthermore, large financial institutions are routinely spending between $900 million and $1.3 billion per year on compliance-related ventures. This is because we do not have a digital identity. Another drawback of the inexistence of a digital identity is identity theft. Millions of people become victims of identity theft each year; last year the number was 15.4 million.Dunitech Soft Solutions Pvt Ltd, a leading Blockchain KYC Solution company in India. Lucknow, offers Blockchain KYC Solution services. Contact:+91-8858915711.contact@dunitech.com.