Quote from: paxmao on April 02, 2018, 07:25:47 PM

Quote from: sull.kureen on April 02, 2018, 07:24:03 PM

KYC faced the real security issues. Someone can steal your data by hacking the platform and use it for criminal purpose. But in other hand, crypto world still finding the best ways how to protect crypto transaction form money laundery, human trafficking and drugs transaction.

I think, its a big responsibelity to keep KYC data safe. If not, crypto will had bad ending.

There are many projects out there that can prove identity such as The Key or Civic. The problem is that the ICOs are not managing this issue correctly and that makes them loose prospective investors. Like myself.

The Key that's supposed to provide security of identity got hacked in the middle of their ICO and tons of personal data was stolen. People got scammed in their Telegram group
by the harder whom took over the moderation of the group. The whole KYC thing in my opinion defeats the anonymity that crypto stands for. If a person uses multiple accounts to participate in a bounty and he qualifies for the payment in the two accounts, I would say the person should be paid. I can't even imagine running a signature campaigns on double accounts, its a lot of work except maybe the person has an ample time for this forum