But if I do not want someone to know about my life?
Google already knows about you much more than you can imagine. No need to worry about some identify information for future KYC politics on LAToken platform. |
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Don't you want to discuss something easier? I do not understand what is KYC and how it relates with LAToken.
Know your customer (KYC) is the process of a business identifying and verifying the identity of its clients. You can check wikipedia for basic understanding. I think that KYC will certainly be introduced on the LAToken platform, and very soon. Major international business can't operate without it in most coutries. But what about anonimity and decentralization? This is main features of cryptocurrencies. LAToken not an cryptocurrency, this is buisness. "In order to ensure that our services are not utilized by unwanted and illegal elements to further their illegal motives, we intend to facilitate our operations by means of (i) obtaining sufficient information about our clients and verifying customer identity; (ii) conducting ongoing due diligence of assets tradable on the LAT platform; (iii) highlighting suspicious customers and operations."(C) No anonimity, only full transparent.  |
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Don't you want to discuss something easier? I do not understand what is KYC and how it relates with LAToken.
Know your customer (KYC) is the process of a business identifying and verifying the identity of its clients. You can check wikipedia for basic understanding. I think that KYC will certainly be introduced on the LAToken platform, and very soon. Major international business can't operate without it in most coutries. |
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Don't you want to discuss something easier? I do not understand what is KYC and how it relates with LAToken.
Know your customer (KYC) is the process of a business identifying and verifying the identity of its clients. You can check wikipedia for basic understanding. |
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Platform users can only be individuals? Or legal entities, too? Or there is no difference at all?
Legal entities for sure can, there are a point in terms of service about that. I have a questions about "worldwide" features, for example. Restriction of the functional works only in the territory of the above-mentioned countries? If I am a US citizen, but went to Europe on a tour. Maybe i can gain access to full functionality of trade platform during my trip somehow? Or maybe i can register a fictitious company outside USA and achive full access to any operations with backed-assets? I can't buy this assets for firm bcz i am USA citisen, but what if my firm will buy it for me? |
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Platform users can only be individuals? Or legal entities, too? Or there is no difference at all?
I think some difference is only for process of tokinization. On trusties and custodians level. And strongly depends on local country laws. |
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Right now nobody can sell anything because there are trustees to seal an agreement with and the platform to develop. But they will be able to tokenize their property.
You mean the prospect of agreeing with the SEC, or i missed some changes in LAToken rules? LAToken is complementary with SEC rules now. I will be sure of this only when USA citisens will be have full access to functionality of LAT platform. This will need an additional round of talks, I suppose. The "full functionality" for everybody can't be achieved at least until winter i think. LAToken developers must finish many things before. But some of the stated features can be discussed. |
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Come on, more details. I was sured too, that tokinization not allowed for USA livers. When you're to buy some LAT and you state you're a US citizen, you see the following: Thank you for the clarification, guys. I am so retard in the morning.>< |
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Right now nobody can sell anything because there are trustees to seal an agreement with and the platform to develop. But they will be able to tokenize their property.
You mean the prospect of agreeing with the SEC, or i missed some changes in LAToken rules? |
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What you guys think about perspective of SEC regulations for LAT in USA? Will can we buy anything in America ever for LAT?
Hard to say. LATOKEN did not easily enter the American market. A few weeks ago, americans could not buy LAT at all. What can we say about real estate sales But USA citizens are allowed to sell the assets. That means, a non-American resident will be able to buy a piece of property in there easily. Are you sure? I thought that US citisens and residents can't sell anything on LAT platform yet, at least right now? Right now nobody can sell anything because there are trustees to seal an agreement with and the platform to develop. But they will be able to tokenize their property. Come on, more details. I was sured too, that tokinization not allowed for USA livers. |
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And must be a very advanced farm here, i think.  |
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If they can't even raise a hype, how can they make a revolution?
Slowly but surely. Fortresses are not taken with a pounce. |
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You may be sure. Quite a small number of ICO are capable of raising this much funds. That is to say, the team is strong indeed.
Money does not play a major role. Yes - they are needed, but if you do not have an idea and strategy. You will lose even if you have all the money of Scrooge McDuck It is interesting to imagine Scrooge McDuck in a world of cryptocurrency.  |
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rule of law is underrated..
What do you mean? |
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What you guys think about perspective of SEC regulations for LAT in USA? Will can we buy anything in America ever for LAT?
For me it interesting for China more. I hope to see tokenization of Great Wall.) It may be possible actually. Depends on what Beijing decide, the final decision is still to be made by the Politburo. This is generally possible, although theoretically, the tokenization of state or national property? I think this may be possible only in the societies with strong rule of law. Trustees in developing countries may be afraid of potential difficult situations because of that. USA goverment sold several old and unoperable SM-65 Atlas missile silos (without ICBM ofc) in private hands not so long ago. In one of them eccentric entrepreneur built a hotel. LAToken platform theoretically has all the necessary functionality for such transactions. Only questions with SEC must be successfully finalized. |
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All this discussion about "what if" is pointless. Valentin have said that even with these funds the platform will grow and flourish, so be it.
I am quite sure about it, i wrote about it already. But what specific steps will he take, how will he act -this is very interesting to make a prediction, and then see if you guessed it or not. |
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What you guys think about perspective of SEC regulations for LAT in USA? Will can we buy anything in America ever for LAT?
Actually, I'm sure that for China it will be very soon. As for the United States, I can not say nothing, bcz i'm not good at legal matters. Very interesting read the opinion of the forum. |
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What you guys think about perspective of SEC regulations for LAT in USA? Will can we buy anything in America ever for LAT?
For me it interesting for China more. I hope to see tokenization of Great Wall.) |
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Panteraforlife, your optimism and calm annoy me.  I told you before, if you already invested, it makes no sense to rush from corner to corner. Sit and behold. |
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There are many blockchain projects offering tokenization of different asset? why should I choose LAToken?
Most of them are in the concept stage But the LAT platform also works only in test mode yet. Small number of traders, limited quantity of shares like LATAPPL. This is not very different from concept stage for me. Gtac01, patience is a virtue. |
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