Blockchain KYC (Know Your Customer) is a process that leverages blockchain technology to streamline and secure identity verification. By decentralizing customer data, blockchain enhances privacy and reduces the risk of identity theft. Users retain control over their personal information while businesses can validate identities quickly and securely. Blockchain KYC eliminates redundant paperwork and provides a tamper-proof record, making it ideal for financial institutions, exchanges, and fintech companies to comply with regulatory standards while protecting customer data.