Post
Topic
Board Announcements (Altcoins)
Re: [ANN][GRT] Grantcoin: Basic Income Currency | Backed by 501(c)(3) Nonprofit
by
The Grantcoin Foundation
on 17/05/2017, 18:01:16 UTC
Sorry for bumping. Generally I like the idea, even though I'm not sure it will work, but what I'm wondering most about atm is how you keep people from creating several wallets and gaming the system?

This is a great and important question. We are utilizing an automated system developed by Ekata.social that incorporates a non web based cell-phone, biometrics, e-mail, and location to determine each user as unique. Those who do not pass this are requested to further verify their identity. We have spent considerable effort towards ensuring abuse does not occur and it will continue to be a high priority. As the project grows and our process improves we will do audits with our current signups to ensure we are not experiencing abuse and to alleviate any discovered loopholes.