Please share any recommendations as to how to make kyc( know your customers ) effective!! and probably; is it even needed?
It is up to the company that asks for KYC, but if you are running a company and you want your customers to do KYC, a single pic with him holding his legal ID be it passport or driver license is sufficient enough it is needed for compliant but I'm not going to do this for any ICO.
some users have certain criteria, they may not be a problem for telephone verification, or an id card only.
but for hold id and a self photo it is a form of dismantling one's identity? I also won't do that, even though they have large rerward