FIAT CURRENCY - KYC - MIXING SERVICE - CROWDSOURCING -

rssniper (49)in #blockchain • 6 years ago


FIAT CURRENCY	it has the potential to be used for money laundering. a mixing service (also known as a tumbler) preserves your privacy because it stops people tracing a particular bitcoin to you. a service that mixes your bitcoins with someone else’s, sending you back bitcoins with different inputs and outputs from the ones that you sent to it. ^{Source + Source}
KYC	know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.^{Source + Source}
MIXING SERVICE	this is usually done online via websites where people can donate. the pooling of resources such as information or money contributed by the general population, to a goal. ^{Source + Source}
CROWDSOURCING	like usd, eur or cny, is any money declared by a government to be to be valid for meeting a financial obligation.^{Source + Source}


FIAT CURRENCY	like usd, eur or cny, is any money declared by a government to be to be valid for meeting a financial obligation.^{Source + Source}
KYC	know your client/customer rules force financial institutions, in order ensuring that they are legitimate, to vet the people they are doing business with.^{Source + Source}
MIXING SERVICE	it has the potential to be used for money laundering. a mixing service (also known as a tumbler) preserves your privacy because it stops people tracing a particular bitcoin to you. a service that mixes your bitcoins with someone else’s, sending you back bitcoins with different inputs and outputs from the ones that you sent to it. ^{Source + Source}
CROWDSOURCING	this is usually done online via websites where people can donate. the pooling of resources such as information or money contributed by the general population, to a goal. ^{Source + Source}

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