What is the main competitive advantage of your project in the field of personal identification?
In addition to blockchain verification, our project also creates a worldwide network of agents for fast and clear verification around the world. The originality of KYC.legal lies in the fast and clear verification that can be made available to people in all corners of the world. Also KYC.legal consists of a strong and experienced team and advisers, has agreements with large exchanges and platforms, but our main advantage is that we already have the working application.
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What will this look like from a technical standpoint? Will users need to go somewhere and show their documents?
No, it is not like that at all. The product consists of two parts. The first part is independent self-verification. This is for those cases when the relevant service only requires users to independently put in their information, without any additional authentication, at the users' personal responsibility. The second part is when one of our agents goes to a convenient place of the user's choosing and confirms the information entered. Going forward, the KYC.legal checks this information against numerous databases, and the user receives the maximum level of verification and identification.
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Should agents pay some fees to company for being its representatives?
No, agents do not pay the company any fees. Who pays to the agent? Person or company, who need verification. how is it made if the company and agent are in different countries? How can the process be simplified? We targeting the entire world, without limitation. You don't have to worry about different countries. Verification process via KYC.legal takes less than 30 min. We are already set for rollout on the English- and Russian-speaking markets. In the future we plan to expand around the globe.
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What will happen if you fail to collect funds?
The project has already attracted some funds and the company is engaged in the implementation of various services. The construction of the token is implemented in such a way that the tokenholder has the opportunity to earn large amounts of money by using his token on the stack. Tokenholders will help attract customers and thus the project will develop faster. In the case described by you, we will develop further, it will simply take more time to reach our goals.
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What do you think the first country will be for the launch of it?
Now we are integrating with international projects: investment funds, credit organizations, stock exchanges, brokerage companies Users of these countries live all around the world and with different legal features And in all these different legal jurisdictions, our decision is appropriate. Where would your project be applicable? The entire world, without limitation. We are already set for rollout on the English- and Russian-speaking markets. In the future we plan to expand around the globe.
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How much does it cost for users to use the KYC.Legal system?
Price for verification varies from $10 to $50 (depends on region).
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Should agents pay some fees to company for being its representatives?
No, agents do not pay the company any fees. Who pays to the agent? Person or company, who need verification.
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Yes. We did the following: 1) Personal information is protected by encryption and biometric data 2) Data is hosted on user’s device 3) User is able to chose information provided to service 4) Document verification with digital sign
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What do you think the first country will be for the launch of it?
Now we are integrating with international projects: investment funds, credit organizations, stock exchanges, brokerage companies Users of these countries live all around the world and with different legal features And in all these different legal jurisdictions, our decision is appropriate.
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If I want to delete my account, can I do that?
You can do it, but you just delete your data from your phone. Because our service does not store data.
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How long have you been involved in blockchain?
We have been working in information technology for a long time now, more than 10 years. The core of our team has been together for more than five years now, working on projects that cater to our already existing businesses and provide B2B (business to business) solutions: project management, goal setting, audit, etc. We have been watching blockchain closely since 2016, and have now joined forces with Nick Evdokimov and decided to hold our own ICO.
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Do you have any partnership with companies, which will use your product?
We cooperate with brokerage services, with microfinance organizations, with funds that work in the field of crypto-investment. Also, negotiations are underway with two crypto-exchanges. In addition, we started negotiations with companies that are the link between banks and exchanges.
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Hello KYC Team! Your concept is really great. Cool I have a decade of experience in international groups of entities and the whole procedure of KYC forms is a nightmare...Please let me know if your services have the potential of expanding to the shipping industry as well.
Now we are integrating with international projects: investment funds, credit organizations, stock exchanges, brokerage companies Users of these countries live all around the world and with different legal features And in all these different legal jurisdictions, our decision is appropriate.
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Did you have any marketing studies? When is the market ready to buy it?
Thanks for the question If you are asking about whether this product is needed for the market, then look at what is being written in the news and what laws are being passed around the world We want customers to be either fake or fraudsters, but at the same time we do not want to share our data and be protected All these points we solve with the help of our product And we ask you to become our partners and help develop this product In our team there are specialists with successful experience in marketing but the main thing in us is that we are open and honest with you and talk about all the details
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What are you going to do if the ico fails?
The project has already attracted some funds and the company is engaged in the implementation of various services. The construction of the token is implemented in such a way that the tokenholder has the opportunity to earn large amounts of money by using his token on the stack. Tokenholders will help attract customers and thus the project will develop faster. In the case described by you, we will develop further, it will simply take more time to reach our goals.
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At the moment KYC.Legal app is available on Android and iOS. Do you plan in the future to tailor the program to other operating systems, such as Windows Phone?
In the near future will be developed version for Windows Phone.
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When the desktop version is expected?
The desktop version does not provide maximum data protection. We immediately submit this solution as soon as the technologies allow us to provide the same level of protection as phones.
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What documents are needed for the verification and in what format? Should they be certified by commissioner of oath?
For verification, you need documents that confirm the information that you want to verify. Basic identity verification is your passport. For other data, you need the necessary documents for this, such as the taxpayer identification code. Is there an alternative to passports?? Any information that confirms your identity. Driving license, for example.
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