With kyc and compliance, the circumstances of the web3 world turns from trustless to semi trust. Just like the decentralization, trustless is also a mean not a target. How to adapt itself to this change is a question to all dapps in the next industry cycle. #iweb3
For example, most people are satisfied to deposit tokens into Binance. But the Binance account is not a wallet, it can not interact with any smart contract. How about if it can interactive with specific smart contracts that deployed by an entity in law? (2 #iweb3
Even if the token is transferred without owner's permission, all the fund can be traced and refunded, because we know that who is taken in charge. So that we may not need to remember phrase seeds to protect our security in some extent. (3 #iweb3