{"id":"https://openalex.org/W2573874754","doi":"https://doi.org/10.1007/s12599-017-0504-2","title":"KYC Optimization Using Distributed Ledger Technology","display_name":"KYC Optimization Using Distributed Ledger Technology","publication_year":2017,"publication_date":"2017-11-15","ids":{"openalex":"https://openalex.org/W2573874754","doi":"https://doi.org/10.1007/s12599-017-0504-2","mag":"2573874754"},"language":"en","primary_location":{"id":"doi:10.1007/s12599-017-0504-2","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s12599-017-0504-2","pdf_url":"https://link.springer.com/content/pdf/10.1007%2Fs12599-017-0504-2.pdf","source":{"id":"https://openalex.org/S27339233","display_name":"Business & Information Systems Engineering","issn_l":"1867-0202","issn":["1867-0202","2363-7005"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319965","host_organization_name":"Springer Nature","host_organization_lineage":["https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Business & Information Systems Engineering","raw_type":"journal-article"},"type":"article","indexed_in":["crossref","datacite"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://link.springer.com/content/pdf/10.1007%2Fs12599-017-0504-2.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5047152512","display_name":"Jos\u00e9 Parra-Moyano","orcid":"https://orcid.org/0000-0001-6393-0537"},"institutions":[{"id":"https://openalex.org/I197141962","display_name":"Zurich University of Applied Sciences in Business Administration","ror":"https://ror.org/02ejkey04","country_code":"CH","type":"education","lineage":["https://openalex.org/I197141962"]},{"id":"https://openalex.org/I202697423","display_name":"University of Zurich","ror":"https://ror.org/02crff812","country_code":"CH","type":"education","lineage":["https://openalex.org/I202697423"]}],"countries":["CH"],"is_corresponding":false,"raw_author_name":"Jos\u00e9 Parra Moyano","raw_affiliation_strings":["Department of Business Administration, University of Zurich, Moussonstrasse 15, 8044, Zurich, Switzerland"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Business Administration, University of Zurich, Moussonstrasse 15, 8044, Zurich, Switzerland","institution_ids":["https://openalex.org/I197141962","https://openalex.org/I202697423"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5036824623","display_name":"Omri Ross","orcid":"https://orcid.org/0000-0002-0384-1644"},"institutions":[{"id":"https://openalex.org/I124055696","display_name":"University of Copenhagen","ror":"https://ror.org/035b05819","country_code":"DK","type":"education","lineage":["https://openalex.org/I124055696"]}],"countries":["DK"],"is_corresponding":true,"raw_author_name":"Omri Ross","raw_affiliation_strings":["Department of Computer Science, University of Copenhagen, Universitetsparken 5, 2100, Copenhagen, Denmark"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Computer Science, University of Copenhagen, Universitetsparken 5, 2100, Copenhagen, Denmark","institution_ids":["https://openalex.org/I124055696"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5036824623"],"corresponding_institution_ids":["https://openalex.org/I124055696"],"apc_list":{"value":3590,"currency":"USD","value_usd":3590},"apc_paid":{"value":3590,"currency":"USD","value_usd":3590},"fwci":39.7953,"has_fulltext":true,"cited_by_count":165,"citation_normalized_percentile":{"value":0.99724479,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":94,"max":100},"biblio":{"volume":"59","issue":"6","first_page":"411","last_page":"423"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.9995999932289124,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.9995999932289124,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11478","display_name":"Caching and Content Delivery","score":0.9890999794006348,"subfield":{"id":"https://openalex.org/subfields/1705","display_name":"Computer Networks and Communications"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10101","display_name":"Cloud Computing and Resource Management","score":0.9815999865531921,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/onboarding","display_name":"Onboarding","score":0.7361692786216736},{"id":"https://openalex.org/keywords/due-diligence","display_name":"Due diligence","score":0.706763744354248},{"id":"https://openalex.org/keywords/ledger","display_name":"Ledger","score":0.598251223564148},{"id":"https://openalex.org/keywords/transparency","display_name":"Transparency (behavior)","score":0.5760568976402283},{"id":"https://openalex.org/keywords/core","display_name":"Core (optical fiber)","score":0.5440816283226013},{"id":"https://openalex.org/keywords/work","display_name":"Work (physics)","score":0.5073222517967224},{"id":"https://openalex.org/keywords/process","display_name":"Process (computing)","score":0.47621235251426697},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.45209863781929016},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.4520728886127472},{"id":"https://openalex.org/keywords/distributed-ledger","display_name":"Distributed ledger","score":0.411188006401062},{"id":"https://openalex.org/keywords/accounting","display_name":"Accounting","score":0.3446769118309021},{"id":"https://openalex.org/keywords/computer-security","display_name":"Computer security","score":0.3111048638820648},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.25126194953918457},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.23747456073760986},{"id":"https://openalex.org/keywords/telecommunications","display_name":"Telecommunications","score":0.19327417016029358},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.1592405140399933},{"id":"https://openalex.org/keywords/blockchain","display_name":"Blockchain","score":0.13667237758636475},{"id":"https://openalex.org/keywords/management","display_name":"Management","score":0.12657859921455383},{"id":"https://openalex.org/keywords/operating-system","display_name":"Operating system","score":0.0780806839466095}],"concepts":[{"id":"https://openalex.org/C2779185108","wikidata":"https://www.wikidata.org/wiki/Q7091744","display_name":"Onboarding","level":2,"score":0.7361692786216736},{"id":"https://openalex.org/C2781016034","wikidata":"https://www.wikidata.org/wiki/Q794134","display_name":"Due diligence","level":2,"score":0.706763744354248},{"id":"https://openalex.org/C91302708","wikidata":"https://www.wikidata.org/wiki/Q2732056","display_name":"Ledger","level":2,"score":0.598251223564148},{"id":"https://openalex.org/C2780233690","wikidata":"https://www.wikidata.org/wiki/Q535347","display_name":"Transparency (behavior)","level":2,"score":0.5760568976402283},{"id":"https://openalex.org/C2164484","wikidata":"https://www.wikidata.org/wiki/Q5170150","display_name":"Core (optical fiber)","level":2,"score":0.5440816283226013},{"id":"https://openalex.org/C18762648","wikidata":"https://www.wikidata.org/wiki/Q42213","display_name":"Work (physics)","level":2,"score":0.5073222517967224},{"id":"https://openalex.org/C98045186","wikidata":"https://www.wikidata.org/wiki/Q205663","display_name":"Process (computing)","level":2,"score":0.47621235251426697},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.45209863781929016},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4520728886127472},{"id":"https://openalex.org/C2777541363","wikidata":"https://www.wikidata.org/wiki/Q25110971","display_name":"Distributed ledger","level":3,"score":0.411188006401062},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.3446769118309021},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.3111048638820648},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.25126194953918457},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.23747456073760986},{"id":"https://openalex.org/C76155785","wikidata":"https://www.wikidata.org/wiki/Q418","display_name":"Telecommunications","level":1,"score":0.19327417016029358},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.1592405140399933},{"id":"https://openalex.org/C2779687700","wikidata":"https://www.wikidata.org/wiki/Q20514253","display_name":"Blockchain","level":2,"score":0.13667237758636475},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.12657859921455383},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0780806839466095},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0}],"mesh":[],"locations_count":7,"locations":[{"id":"doi:10.1007/s12599-017-0504-2","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s12599-017-0504-2","pdf_url":"https://link.springer.com/content/pdf/10.1007%2Fs12599-017-0504-2.pdf","source":{"id":"https://openalex.org/S27339233","display_name":"Business & Information Systems Engineering","issn_l":"1867-0202","issn":["1867-0202","2363-7005"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319965","host_organization_name":"Springer Nature","host_organization_lineage":["https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Business & Information Systems Engineering","raw_type":"journal-article"},{"id":"pmh:oai:www.zora.uzh.ch:142020","is_oa":true,"landing_page_url":"https://www.zora.uzh.ch/id/eprint/142020/1/Moyano_et_al-2017-Business_%26_Information_Systems_Engineering-1.pdf","pdf_url":"https://www.zora.uzh.ch/id/eprint/142020/1/Moyano_et_al-2017-Business_%26_Information_Systems_Engineering-1.pdf","source":{"id":"https://openalex.org/S4306401281","display_name":"Zurich Open Repository and Archive (University of Zurich)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I202697423","host_organization_name":"University of Zurich","host_organization_lineage":["https://openalex.org/I202697423"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":"Parra Moyano, Jos\u00e9; Ross, Omri (2017). KYC Optimization Using Distributed Ledger Technology. Business & Information Systems Engineering, 59(6):411-423.","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:pure.atira.dk:openaire_cris_publications/a5bbf151-b652-44ad-9575-f29085eb3732","is_oa":true,"landing_page_url":"https://curis.ku.dk/portal/da/publications/kyc-optimization-using-distributed-ledger-technology(a5bbf151-b652-44ad-9575-f29085eb3732).html","pdf_url":"https://researchprofiles.ku.dk/files/188233367/Moyano_2017_KYC_optimization.pdf","source":{"id":"https://openalex.org/S4306401983","display_name":"Research at the University of Copenhagen (University of Copenhagen)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I124055696","host_organization_name":"University of Copenhagen","host_organization_lineage":["https://openalex.org/I124055696"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Moyano , J P & Ross , O 2017 , ' KYC optimization using distributed ledger technology ' , Business and Information Systems Engineering , vol. 59 , no. 6 , pp. 411-423 . https://doi.org/10.1007/s12599-017-0504-2","raw_type":"article"},{"id":"pmh:oai:RePEc:spr:binfse:v:59:y:2017:i:6:d:10.1007_s12599-017-0504-2","is_oa":false,"landing_page_url":"http://link.springer.com/10.1007/s12599-017-0504-2","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:aisel.aisnet.org:bise-1441","is_oa":false,"landing_page_url":"http://aisel.aisnet.org/bise/vol59/iss6/3","pdf_url":null,"source":{"id":"https://openalex.org/S30879505","display_name":"Journal of the Association for Information Systems","issn_l":"1536-9323","issn":["1536-9323"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310321080","host_organization_name":"Association for Information Systems","host_organization_lineage":["https://openalex.org/P4310321080"],"host_organization_lineage_names":["Association for Information Systems"],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Business & Information Systems Engineering","raw_type":"text"},{"id":"pmh:oai:pure.atira.dk:publications/a5bbf151-b652-44ad-9575-f29085eb3732","is_oa":true,"landing_page_url":"https://researchprofiles.ku.dk/da/publications/a5bbf151-b652-44ad-9575-f29085eb3732","pdf_url":null,"source":{"id":"https://openalex.org/S4306401983","display_name":"Research at the University of Copenhagen (University of Copenhagen)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I124055696","host_organization_name":"University of Copenhagen","host_organization_lineage":["https://openalex.org/I124055696"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Moyano , J P & Ross , O 2017 , ' KYC optimization using distributed ledger technology ' , Business and Information Systems Engineering , vol. 59 , no. 6 , pp. 411-423 . https://doi.org/10.1007/s12599-017-0504-2","raw_type":"article"},{"id":"doi:10.5167/uzh-142020","is_oa":true,"landing_page_url":"https://doi.org/10.5167/uzh-142020","pdf_url":null,"source":{"id":"https://openalex.org/S4306401281","display_name":"Zurich Open Repository and Archive (University of Zurich)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I202697423","host_organization_name":"University of Zurich","host_organization_lineage":["https://openalex.org/I202697423"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":null,"raw_source_name":null,"raw_type":"JournalArticle"}],"best_oa_location":{"id":"doi:10.1007/s12599-017-0504-2","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s12599-017-0504-2","pdf_url":"https://link.springer.com/content/pdf/10.1007%2Fs12599-017-0504-2.pdf","source":{"id":"https://openalex.org/S27339233","display_name":"Business & Information Systems Engineering","issn_l":"1867-0202","issn":["1867-0202","2363-7005"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319965","host_organization_name":"Springer Nature","host_organization_lineage":["https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Business & Information Systems Engineering","raw_type":"journal-article"},"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2573874754.pdf","grobid_xml":"https://content.openalex.org/works/W2573874754.grobid-xml"},"referenced_works_count":16,"referenced_works":["https://openalex.org/W1514798419","https://openalex.org/W1969344535","https://openalex.org/W2028597707","https://openalex.org/W2105333069","https://openalex.org/W2136451344","https://openalex.org/W2136922540","https://openalex.org/W2157136508","https://openalex.org/W2522834812","https://openalex.org/W2528561030","https://openalex.org/W2539190473","https://openalex.org/W2564945218","https://openalex.org/W2577181573","https://openalex.org/W2584454765","https://openalex.org/W2949189804","https://openalex.org/W3151685851","https://openalex.org/W6687533499"],"related_works":["https://openalex.org/W4226088185","https://openalex.org/W2810405473","https://openalex.org/W2979776202","https://openalex.org/W2949445060","https://openalex.org/W4298013519","https://openalex.org/W2800938687","https://openalex.org/W3135632358","https://openalex.org/W3177205310","https://openalex.org/W4287703679","https://openalex.org/W3045674728"],"abstract_inverted_index":{"The":[0,21],"know-your-customer":[1],"(KYC)":[2],"due":[3],"diligence":[4],"process":[5,42,59,124],"is":[6,60],"outdated":[7],"and":[8,46,119],"generates":[9],"costs":[10,36],"of":[11,37,68,71,86,125],"up":[12],"to":[13,79,82,105],"USD":[14],"500":[15],"million":[16],"per":[17,19],"year":[18],"bank.":[20],"authors":[22],"propose":[23],"a":[24,127],"new":[25],"system,":[26,54],"based":[27],"on":[28],"distributed":[29],"ledger":[30],"technology":[31],"(DLT),":[32],"that":[33,76,102],"reduces":[34],"the":[35,38,48,52,55,69,84,87,99,123],"core":[39,56,88],"KYC":[40,57,89],"verification":[41,58,90],"for":[43,64,111],"financial":[44,72,100],"institutions":[45,73,101],"improves":[47],"customer":[49,77,117],"experience.":[50],"In":[51],"proposed":[53],"only":[61],"conducted":[62],"once":[63],"each":[65],"customer,":[66],"regardless":[67],"number":[70],"with":[74,97],"which":[75],"intends":[78],"work.":[80],"Thanks":[81],"DLT,":[83],"result":[85],"can":[91],"be":[92],"securely":[93],"shared":[94],"by":[95],"customers":[96],"all":[98],"they":[103],"intend":[104],"work":[106],"with.":[107],"This":[108],"system":[109],"allows":[110],"efficiency":[112],"gains,":[113],"cost":[114],"reduction,":[115],"improved":[116],"experience,":[118],"increased":[120],"transparency":[121],"throughout":[122],"onboarding":[126],"customer.":[128]},"counts_by_year":[{"year":2026,"cited_by_count":7},{"year":2025,"cited_by_count":13},{"year":2024,"cited_by_count":15},{"year":2023,"cited_by_count":26},{"year":2022,"cited_by_count":20},{"year":2021,"cited_by_count":21},{"year":2020,"cited_by_count":32},{"year":2019,"cited_by_count":18},{"year":2018,"cited_by_count":11},{"year":2017,"cited_by_count":2}],"updated_date":"2026-08-14T07:06:38.338062","created_date":"2025-10-10T00:00:00"}