Quote from: Oilacris on November 27, 2018, 06:28:13 PM

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Quote from: Oilacris on November 19, 2018, 04:08:56 PM

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Quote from: jacobwoods on November 07, 2018, 08:07:52 AM

https://medium.com/@jacobrobertwoods/kyc-comes-to-shapeshift-79fb15d1cee2

Feedback is needed for my article guys. I would really appreciate it. Its a significant development to say the least.

Sometimes i think KYC is no use because how a certain host will determine that the submitted pictures of Documents and ID's are all original that with the advancement of computer hardware of today, it would be to easy to edit the picture as easy as 1,2,3. For me, this is just a waste of time that we don't know that they will just making money of our credentials. I believed shapeshift will reduce their costumers because of this.

Maybe you missed the part about how most KYC now will be pretty good at detecting that and oh, yeah, they're all into live video KYC now. Last two times I gave in to KYC (terrible, yes, I know), got me face to face with some random dude at a desk, almost felt like I was being interviewed, if not for the fact he seemed more nervous than me. All outsourced now most of it. Seems like good business to run an identity verification service.

Just make sure you exercise your rights to request for data deletion when all that's done.

They do guarantee that such request? I doubt that users wont really be granted with those request of such deletion.If they do, then it is really a good thing.

We have the right to ask ICO to delete our personal data, which is called "right to erasure" or "right to be forgotten". And if you're going to look at GPDR (General Data Protection Regulation)

https://gdpr-info.eu/issues/right-to-be-forgotten/

I think this law also covers ICO's as well.

Didn't know about this law and if this case would be implemented on all possible projects that do ask out KYC then it do really give some confidence but well full erasure
wont still be assured.

If will definitely added some weight regarding submitting our Personally identifiable information (PII). But obviously this is a EU thingy so I'm not sure how will impact projects started out of the EU zone. But at least it gives us more rights so I hope that other countries will have their own version of GPDR. Here are the list so far: (https://www.hipaajournal.com/what-countries-are-affected-by-the-gdpr/)