You are viewing a single comment's thread from:

RE: Do you know that KYC and its relationship with the blockchain? Let's learn together! by Karupanocitizen

Likewise friend @ josevas217 there are situations like the ones you describe in which the KYC procedures are very useful to avoid fraud like the one you propose, I understand that users are reluctant to this type of tools because they feel that it violates our privacy, but .. . We forget that the blockchain is the world of bots and smart contracts ?.

In my opinion in this environment there is the possibility that the information of any user can be verified, keeping said information encrypted and cannot be used by other means, something like ... would you be able, just by seeing a fingerprint know what? Who belongs? ... in the same way our information can be encrypted to be read by certain algorithms when invoked by a smart contract ... I think.

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 62797.54
ETH 2442.85
USDT 1.00
SBD 2.68