Post
Topic
Board Bitcoin Discussion
Re: Question: method against KYC stealing
by
senne
on 04/05/2018, 20:22:40 UTC
Hello, guys !

There is very relevant problem - a lot of projects are doing their ICOs and a big part of them require KYC submission.
I am, as a person, I'm afraid of stealing my personal data. I am, as maybe all of you, trying to find way to prevent thefting my data.
The question is, how about providing the text, while providing your docs in KYC Verification. The text will be ON this pictures of my docs, half-transparent font.
For example



Have you ever been trying this ? Does it work ?
Please, tell me your thoughts, I will be glad very much.

I have already spoke against this system, where it was debated why KYC is important. You can check here :

https://bitcointalk.org/index.php?topic=3116739.msg35581672#msg35581672

KYC might help the ICO but it will not help the users who submit their details, as their identity is under risk. No, matter how secure system the company provides there is always risk of scam and hackers stealing our information. Crypto currency is a thing we deal all over the globe and not just one city or country, even if you security gets compromised and misused you will never know. Hence, companies should come with come a better solution than KYC.