Current problems which people face with while doing KYC checks

in #icopass6 years ago

First of all, nowadays in order to do KYC checks, you may spend a lot of time and you may face some mistakes because it is still a manual process which is controlled by human beings. Some KYC checks can also be not accurate enough because it uses a small number of databases for verification. What is more, it is very difficult for users to define why they get such result. Consumers are not sure that their information and data have not be changed. Consequently, they can not absolutely rely on the processes which were used. It is necessary for KYC checks to spend a lot of money in order to keep information secure. And finally, the cost per one check is too high and is equal to 230 EUR. But if you use ICO Pass everything will be different.

Some reasons why you should choose ICO PASS

If you decide to use ICO Pass all problems which you have faced with while doing KYC checks in the past will be solved. First of all, as for the length of the KYC checks the process of it is shorter because it is automated and may take less than 10 minutes. It is important to point out that there will be no human errors. Furthermore, adding and removing multiple databases is much better for identity verification.

Thanks to using blockchain technology, ICO Pass provides all people with the high level of transparency. So, it is possible for any user to know everything starting from what databases were checked and ending in how many people in a certain country it covers. Then KYC process information has not been altered anyway and the clients will be provided with a high level of security herewith paying less. The cost per one check is only 7 EUR. In order to purchase its tokens, you should first do KYC. KYC starts in more than 8 days. And Token Sale starts for people who have completed KYC 6 April 2018.

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Your article was so good @coldzera

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