Whats about anonymity? How can I ensure that all my transaction data is secure and wont go to 3rd party companies or persons?
Im also curious whats about the KYC verification? Is it needed? Otherwise it provides big opportunities for laundering of money. U know it is quite urgent question and a lot of countries would create the obstacles for the project development if u wont follow all the measures against laundering of money
All the data will be stored directly in blockchain and wont go anywhere else. Moreover LibreCash will use atomic swaps tech that makes tracking the your financial operations impossible as no one knows what blockchain u would like to use.
As for the KYC I would also like to know the answer as it seems it has to be implemented for sure if project gonna be adopted worldwide.
Hope for the answer from the team
We don't verify customers. Implementation of KYC verification depends on our partners. If some of them operate in a jurisdiction, where he/she should verify customers, he/she should do it to comply local laws. Users of LibreBank have ability to choose which partners work with.