Post
Topic
Board Gambling discussion
Re: What would be an ideal KYC solution?
by
Jemzx00
on 12/12/2022, 17:46:05 UTC
Text to image generation software using deep machine learning,
can already generate KYC images and ID documentation that can pass KYC acceptance levels.

The issue for KYC is being able to determine if there is a real person at the other side of the process.
This is not really a solution, to begin with this is most likely illegal, then you are also taking a massive risk as the casino could ask for more documentation and you will have no way to produce it as all of it was false, and finally if at some point this became popular among some gamblers then casinos will begin to ask for videos of the gamblers holding their documents or even ask to make a video call with you, defeating the whole purpose of doing this.

Where there is no law then there is no law broken and therefore no crime.
No law? Falsification of documents and Identity theft are both serious crimes and people who do this are liable for some jail time once caught. Other than doing illegal activities, you may make the KYC thing worst, especially when a gambling platform requested additional information regarding your documents as it is just made up. You may also, not receive or recover your funds if you won't be able to provide the same information if the casino asked for further verification.