Some may not agree with me but I like the fact that they have considered pioneering the very first and more advanced anti-money laundering ID verification system as their part of the preparation for the potential regulations of the governments. That's a great move from XBrick Team. KYC is very important especially for security purposes.
i respect your opinion, but for me still not good. I mean if your starting an ico , you should know what regulations you should abide by now, and require your clients immediately to do the same. But if they are saying that theya re just doing this in advance? whats the use of collecting all these datas when your not going to use it yet?
The KYC procedure is done in anticipation of future regulation to be imposed by countries and its governments. I just hope that they will protect the data we provide them. It is an added security for users. The online data base that they will have is accessible in real time and confirm your identity fast. This will help us trade, withdraw and make transaction with XBrick faster.