Bitcoin Forum

Privacy is a big issue when it comes to recruitment. Employing blockchain in hiring industry is a smart idea which ensures the security and privacy of the candidates. When it comes to personal details, there is no compromise.

Prime Talent Chain (https://primetalentchain.com/) ensures the Privacy, Security and Safety of the candidates' personal details. The entire ecosystem is automated with a smart contract and there is zero chance of leaks, hacks or data being stolen.

Why do you always have to talk about illegal transactions? Were there any illegal activities before Cryptocurrencies? Let me answer! Yes there was always! This has nothing to do with privacy. Bad people are always bad people!

Except where one is hiding something or being criminally minded, I don't think privacy should be an issue for anyone. KYC isn't such a big deal for me provided I am certain my data won't be sold on the dark net. For those who trade stocks and Forex, KYC is compulsory before one's account is verified even before one funds the account. For me, I don't really care about privacy.

What's wrong with anonymous team? People must have the right to hide their identity, financial activity. Why everyone will know what I am doing with my money?
Well, if they are doing illegal activity that would be exception and we must avoid them.

Privacy to me is one of the core essence of cryptocurrency as its built on blockchain. Decentralization, peer to peer, security and obscurity(privacy). Bitcoin was developed to remove control powers from the prying eyes of the centralized bodies. But if this purpose is defeated, then it defects bitcoin purpose

This is what I agree. Yes privacy is important but we need to comply to those things that will somehow secure those things rhat really belongs to us. KYC is not a big deal also for me since it can really help identify the real owner of an account. If we are afraid about identity theft, I am confident that it can be traced using the latest technology.

There’s a lot of usage on blockchain technology, if every company knows this for sure they will invest. This is a good idea but I don’t think small companies will do this, but let’s see in the future. KYC kills cryptocurrency’s purpose, that’s why many investors don’t want it. If there’s a good project that doesn’t require your identity then its good and better.

No doubt about that, it (PK, identity and security codes)must be kept solely to yourself, or your trusted family member because we can't surely know what lies ahead, in any case you die someone could open your accounts etc. Recently I aw a pot on social media that the viral application called "Face App" downloads the pictures of whoever downloads the app. I never download any app on my phone when I started crypto aide fro what I need. If the case was true then if someone (I was one way back) screen captured their PKs then it could lead to being hijack and thats it, so be careful to all of us.

You can avoid that through using your blockchain but when it comes to listing your coin to the exchange site and whatever will you try and you must give and verify your identity.

Privacy works when we are using the blockchain and when we are using another party and it looks like it doesn't work.

Adopting blockchain in hiring/recruitment sector will really be great, knowing that employees data can be saved on the blockchain and can not be altered. Talking about security of employee information stored on blockchain, I totally agree with you but talking about privacy, there is still a lot to be done to uphold this aspect.  

Personally i believe privacy is everything and i agree with this initiative. For me everything regarding crypto has to be safe and private, it's the special thing about it.

That's why i support SwitchDex and their actual commitment towards being a true DEX.
and
That's why i will support this project.

Privacy is good but it's disadvantage is much more than the advantage. If in some areas of business privacy is a good options but not in finance. I suppose the team is unknown too and let's say they run with people's investment, then we can't get them because of privacy.

^ That is not a big deal if that company site is long enough they operate to trust and give our personal details or KYC. This issue has been discussed anywhere and let's just accept the fact that from time to time usually, companies in the crypto industry must undergo to pass privacy matters. That is a part of a law in our country to avoid also money laundering or AML. You can still be avoided if you want and find a project that did not implement KYC and also most likely the Gambling industry.

Privacy is first pillar of safety. What bad guys dont know it exist they cant steal. There are many kind of bad guys. Some steal the coins other steal your employees. If you plan to pay them with a transparent ledger crypto currency you need to know that your competitor will exactly know how much you pay them.

Look at my signature, you will find another promising privacy coin. This coin is really a hidden gem, low cap coin that is still at the beginning, but with cool and innovative idea, imagine that you can easily become a VPN provider and receive income for that.

exactly. there is no government which will benefit from anonymity, but without regulation from the government, this market will not exist either.

Yes there was already so many illegal  activities even before crypto was made,
But crypto is also a good way for them anonymity is a good one for criminals while KYC could also be used by the criminals.
It would always comes down to our choice the best way for me is to avoid new project.
Let them first show and prove their worth anonymous team or not they could always end up scam.

Except a coin or project is trying to raise start up funds through an ICO, I think is better for the team to remain anonymous, but no one should trust a team they don't know anything about with their money.

Well, there's nothing wrong with KYC, it's just that most people choose the KYC platform they use. I myself do not like KYC against new platforms or those that are not well-known, because they do not have high trust from people. Unlike platforms like Facebook, brokers, and other large platforms, they are much safer and have clear legality. btw, what about the new technology you mean? is that technology able to track anonymous people on the blockchain?

In as much as privacy is good, which includes carrying out anonymous transactions it still has its downside as many use it for dcam purpose and money laundering.  It will be nice to have a couter measure for such kind of issue

Yes of course it is a matter so we bounty Hunters is not necessary for kyc in bounties and that is the most big questions why bounty Hunters to to pass kyc?The factor is how it takes if we or i dont have a i.d to shown? And those id can be use  in scams so its aa privacy for me.

Privacy is really a very important factor that makes many people use and invest in cryptocurrency. I really like the security and privacy of the coins, it makes me feel safer than traditional forms of money and investment.

blockchain technology is indeed the best for making the blockchain a privacy security system I think in the future the industry and all companies will use blockhchain technology for privacy security systems

For me, I do honestly agree with you regarding privacy. Even me, myself, is very concerned when it comes to submitting essential documents to these blockchain platforms. There are some positives and negatives about this one.

Let's start first with the negative.

Of course, these companies are asking for our valid identity to prove that we are real. However, the disadvantage is that if the company is just starting without any reputation at all, it would be risky. Especially if we are participating in various ICOs and STOs that needs our valid information such as selfie, government/passport/driver's license number and proof of address, they would capture all of it and may know where we really live.

And for the positive.

I could only say that it's positive if the company itself is in high reputation and established. They will be having a disclaimer that they will not be selling our private information that was stored in their database. The benefit is that the company would finally know that you are a real person and not a fake one.

Just my two sats.

Well, privacy is doesn't matter for some peoples. I remember there is airdrop which requiring identity verification and some peoples done it.
When joining in some project that requiring KYC either as investor or hunter or airdrop participants, make sure you know the project is real.
Otherwise, our identity docs and other information will be leaked later.

and also government worry ,caused this privacy they could not tracking money from each person that used as basic on taxes fee.in each countries i am sure they have financial transaction report or analisys center that have jobdesk to prevent money laundering.so by this case they worry if someone abusing cryptocurrency for crime.

When it comes to financial matters, privacy should not be the order of the day.  You probably is going to raise money for your project being private that's a bad characteristics of privacy. Privacy is good in some areas and not every aspect of life

There are many privacy tokens and all of them claims that they maintain privacy and safety of candidates' personal details. But nowadays people want new features that other privacy projects do not provide. I have read that the project, prime token chain, is good enough to attract investors and traders. Veil, a privacy token, is also cool.

Have you listened to many David Chaum talks recently? He's been a huge proponent of privacy for a while now but even more so now

I advise you to pay attention to Monero. Many experts (and I) believe that in the future two coins will compete: Bitcoin (gold cryptocurrency) and Monero (confidentiality cryptocurrency). What do you think about this?

For me Privacy very important , especially in the state where I live , cryptocurrency is here at the half , and the taxes are very big on this I manage to earn well and to be clear the state.

Honestly most corrupt governments won't love to be decentralized in the sense that because of their dubious dealings in government won't allow them adopt blockchain technology, I don't know who else agrees with. E fully on this

While privacy is a good idea, we should also remember that it grants users the opportunity to do illegal and other criminal stuffs like money laundering, terrorism funding and more... Let's not get too carried away with only the positives of privacy coins

Confidentiality matters a lot to me, exact reason why I am in love with privacy-focused coins. Privacy matters a lot to me, I don't like people knowing about my financial transactions and spendings, for my own security.

The essence and establishment of blockchian is privacy to its core, yea most people don't like that but am all about privacy and anonymity and that is the major reason why any project on privacy

Sorry, I am not interested in your projects. We have already some good privacy coins. SERO is the newest one and this year we got another potential privacy coin called VEIL. You have a great ambition, I appreciate that but that doesn't make sense, it's like another typical ICO project with some catchy words.

Privacy does matter, even more so now than ever before. Regulation is forced down on everyone, more and more exchanges are forcing KYC, and the government wants to know everything about everyone.

This is why I try to avoid centralized exchanges like the plague.
Honestly, at this point, I'm just waiting for Stakenet to release their Lightning DEX, which will make cryptocurrency trading so much more convenient for everyone. Being able to trade over the lightning network will insure low fees, and incredible speed.
Wont require you to sync with their network, since all the masternodes running it will host the blockchains. Don't need KYC, or to register an account. You'll be completely anonymous.

Best of all? The trading fees are distributed to masternodes. All the fees are used to buy-back XSN, to be distributed.

Do your own research on this one folks!

You are right privacy and anonymity matters in the world today due to various data manipulations, and which is one of the reasons privacy coins are coming up. However, blockchain still needs more enhancement for full time privacy to be adopted on a global scale.

Confidentiality is an integral part of the blockchain world, but KYC helps to solve some of the problems in combating fraud until a more reliable user identification mechanism with a decent level of confidentiality appears.

Privacy, decentralization, low cost and store of value are the key essence of cryptocurrency on blockchain and most times when some of these cryptocurrencies tend to shy away from these qualities it gets me bewildered on if we have lost the true values of bitcoin creation

Privacy matters, one reason I got into crypto is because of Monero that was introduce to me when I worked with someone online. You'll see that even the new privacy coins today are stil going to get a lot of attention, take for instance the Veil. The old privacy coin are still there are well, check the XSPEC. Privacy matters, come to see why are they not sending their documents for KYC?

Wow youre statement. But yeah sometimes we dont really care. At the moment if we smart enough we will not make any wrong decission to pass kyc. It depend on how we handle it.

Facebook promised this to their users in their policy, though they are not using blockchain, but the government still found out that Facebook betrayed its users and were selling their information. It is not just about placing verbal promises here, what are the necessary steps you have taken to ensure that what you are saying is true.

I have seen so many sites also say this but yet they still ask for KYC, I have not opened the link to your site and I don’t know your requirements yet, but if you truly want to speak of privacy, then you should know that KYC will be typically out of it, although I personally does not have any issue with KYC, I have nothing to hide and I don’t drop my detail anyhow, except Facebook, and since they launch the platform, I don’t think anyone has died through its platform.

Confidentiality in our world is like a myth or something unreal. to achieve confidentiality you need to try very hard. :)