Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] n'cloud.swiss - THE SWISS ALTERNATIVE TO AWS, AZURE, GCP & CO.
by
Crypto_invest12
on 15/04/2018, 20:00:09 UTC
Hey there,

I have seen that you are using Yoti. Do we really need a digital ID to buy tokens?  Undecided

Yes you do need for several good reasons Wink Let me name you a few:

- The digital ID helps us to perform KYC/AML checks (Know your customer / Anti-money laundering laws)
- Due to known identity and token batch, we recognize theft or hacking of tokens and can void them. The legitimate owner of the tokens gets the tokens back or new ones
- The digital ID replaces username and password and enables you access on n’cloud.swiss, n’STORE or n’WORLD
- The NCU tokens are in a closed circuit. That gives the token holders a much higher security

All in all, KYC process make possible high standards in terms of security. Again an important feature of our "Swiss made" DNA.

Thank you for your reply. Indeed KYC/AML are important to guarantee security and protection. I understand that.