There is a positive side of KYC, an example of ICO taking this proactive approach is SwissBorg, where "most teams come from the banking industry" and protecting investors and clients is very important. Their KYC process is simple - investors are required to subscribe and provide personal information such as name, address and date of birth. He will then be required to upload an official identity card and proof of residence (such as an official government letter). investor's personal information and proof of identity are then calculated and compared to the legal database.