Hello, what cryptocurrency can I use for payments?
You are able to buy KYC Tokens using BTC, ETH, LTC, DASH, ZEC.
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Hi, what exchanges are you planning to be presented at?
Did not quite understand your question. Please specify what you mean.
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Reward amount (50% of total price) can be shared between User and Tokenholder Can't one person be both, user and tokenholder? Could you please explain this item a little bit more? Yes, of course User and tokenholder can to be one person. The tokenholder has the ability to influence the final cost of services - he can choose how much he wants to earn on the provision of the token and what discount he is willing to provide to the client.
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What are you going to do in order to provide liquidity to your tokens?
The token is designed in such a way that the tokenholder will not be profitable to sell it in the future. It is much more profitable to make money on it regularly. (giving a discount to new customers). Considering the above, the token will have high liquidity.
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In our system, all data is stored on the client's phone and only a hash of data is stored in the blockchain. Therefore, it is important for the client to ensure that his phone is with him and store the password from the phone in a safe place.
Thanks for your answers, now it's much more clear to me! But if you have a working app already then why do you need ico? We are glad to be able to help you At the moment, only the first part of the project (self-verification) is up and running, but both are necessary for compliance with all KYC requirements. The second part (agent verification) will be launched in the near future.
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Maximum cap on ICO: $35 million $35M for what? To put PKI onto blockchain? You can build a space rocket for this money. KYC.LEGAL is holding an ICO in order to develop and implement a useful and urgently needed service for the market. There are currently no handy, simple and functioning client identification solutions on the market. We have a finished, operational application that can be downloaded and installed right now on iOS and Android. At the moment, only the first part of the project (self-verification) is up and running, but both are necessary for compliance with all KYC requirements. The second part (agent verification) will be launched in the near future. We estimate that $35 million is needed to achieve the project's business goals and to expand the reach of the services.
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Why does verification process take about 30 minutes, according to your one-pager?
This is the time that takes for the agent's arrival and verification of information.
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The initial information entered can be anything, even false information. However, when the order is processed we check the cardholder and the party who is paying the money. The card is issued by a bank, which performs some sort of check on its end. Potential agents also undergo a fairly in-depth verification process: utilities bills issued in their name and to their address, passport or other identification document, details of bank accounts that have been in existence for at least 45 days (this ensures another level of reliability, we do not want fly-by-night agents). We check those who will then check our clients.
Ok, and how the security of personal data is provided? In our system, all data is stored on the client's phone and only a hash of data is stored in the blockchain. Therefore, it is important for the client to ensure that his phone is with him and store the password from the phone in a safe place.
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There was mentioned already that all user's data is to be kept on user's own devices. Does that mean that agents will delete my data from their database immediately upon verification?
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. Agents do not store information about you, they only confirm the information you entered on your device. And what's the point of these independent agents? And who checks the level of their "independence" The initial information entered can be anything, even false information. However, when the order is processed we check the cardholder and the party who is paying the money. The card is issued by a bank, which performs some sort of check on its end. Potential agents also undergo a fairly in-depth verification process: utilities bills issued in their name and to their address, passport or other identification document, details of bank accounts that have been in existence for at least 45 days (this ensures another level of reliability, we do not want fly-by-night agents). We check those who will then check our clients.
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There was mentioned already that all user's data is to be kept on user's own devices. Does that mean that agents will delete my data from their database immediately upon verification?
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. Agents do not store information about you, they only confirm the information you entered on your device.
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I am reading your paper on the website and cannot understand, forgive me my ignorance, about the project. Could you simplify what's it about in some words? Thank you
I guess it's all about protecting us from fraud by verifying personal data on blockchain tech, right? Approximately true. The data is stored on the user's device. There is only hash in the blockchain.
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I am reading your paper on the website and cannot understand, forgive me my ignorance, about the project. Could you simplify what's it about in some words? Thank you
yes, of course KYC.LEGAL is a personal identity verification platform powered by blockchain technology, the company provides KYC solutions for crypto exchanges, ICOs, banks, funds etc. It's the fastest and the very simple decision of identity verification.
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During the second stage of document verification, we use agents who must confirm that the person exists and that the documents indeed belong to him or her.
Who will be those agent, how are they assigned, and what will be their background? What if the nearest agent is located far from the residential place of the applicant?
The project does not plan to maintain a staff of agents. Almost anyone who is willing to go and confirm someone's identity and verify his or her documents for $5-25 can become an agent. Like an Uber driver, it is enough for the agent to have our application, through which orders will be placed. If clients who would like to use this service appear in a certain region, we find local people who are willing to act as our agents. Potential agents undergo a fairly in-depth verification process: utilities bills issued in their name and to their address, passport or other identification document, details of bank accounts that have been in existence for at least 45 days (this ensures another level of reliability, we do not want fly-by-night agents). We check those who will then check our clients.
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How will you verify personal date, by what set of documents that user should provide?
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. The initial information entered can be anything, even false information. However, when the order is processed we check the cardholder and the party who is paying the money. The card is issued by a bank, which performs some sort of check on its end. Potential agents also undergo a fairly in-depth verification process: utilities bills issued in their name and to their address, passport or other identification document, details of bank accounts that have been in existence for at least 45 days (this ensures another level of reliability, we do not want fly-by-night agents). We check those who will then check our clients. A document identification system will be used to check the documents submitted during user verification, and we also perform an AML check and use various other internal and external services that allow us to verify the provided documents. During the second stage of document verification, we use agents who must confirm that the person exists and that the documents indeed belong to him or her. It is similar to the example of receiving a credit card from a bank. The bank sends a courier who checks the recipient and his or her documents.
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Can they be transferred to an external ETH wallet?
Yes, you can transfer your tokens to an external ETH wallet, but to use it for its intended purpose, it will have to be transfer back.
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Can I buy tokens with bitcoin and other altcoins?
You are able to buy KYC Tokens using BTC, ETH, LTC, DASH, ZEC
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Do you have a discount for investors?
Any discounts / bonuses are available when buying large amounts of tokens.
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Do you have any experience in projects like this?
Thanks for your qestion The team currently has 12 members, including a number of developers with whom the founders have already released numerous joint projects.
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When will i get my tokens?
You will receive your tokens after the end of the ICO
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Do you have a discount for investors?
Will you have a discount for investors?
Thanks for your questions Discount is possible only with large contributions
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