KYC legal presentation

[AtaCrypto]

Hello guys ,today I gonna start my marathon of posts about KYC legal . The posts would be every day at topic

KYC Legal Disclaimer
The purpose of this White Paper is to present the KYCLEGAL project to potential token holders in connection with the proposed Token Generation Event. The information set forth below may not be exhaustive and does not imply any elements of a contractual relationship. Its sole pur- pose is to provide relevant and reasonable information to potential token holders in order for them to determine whether to undertake a thorough analysis of KYCLEGAL token generation with the intent of acquiring them Nothing in this White Paper shall be deemed to constitute a prospectus of any sort or a solici tation for investment, nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction. This document is not composed in accordance with laws or regulations of any jurisdiction which are designed to protect investors. Certain statements, estimates and financial informa tion contained in this White Paper constitute forward-looking statements or information. Such forward-looking statements or information involve known and unknown risks and uncertainties which may cause actual events or results to differ materially from the estimates or the results implied or expressed in such forward-looking statements. This English language White Paper is the primary official source of information about the KYC Token Launch The information contained herein may from time to time be translated into other languages or used in the course of written or verbal communications with existing and prospective custom ers, partners etc. In the course of such translation or communication some of the information contained herein may be lost, corrupted, or misrepresented. The accuracy of such alternative communications cannot be guaranteed. In the event of any conflicts or inconsistencies be- tween such translations and communications and this official English language White Paper, the provisions of this English language original document shall prevail.

[AtaCrypto]

Value Proposition:
We propose KYCLEGAL as a service that allows services to verify users and prevent fraud Based on blockchain technology as a tool to protect and validate personal data for internet users, KYO LEGAL provides Users: Painless and fast verification process, protection of personal information through en cryption and biometric data, data hosting on users device, control over provided data, digital signature for document verification. Service providers/ token holders: KYC compliance. reliable and secure user information, fraud prevention, ecosystem to interact with customers. On top of that, KYC token is infused with a set of features that, if desired, allows KYCtoken hold ers for additional revenue streams creation.
Introduction:
 The promise of identification services was to create a more reliable and efficient way to verify our Ds while protecting our privacy The hope was that the Internet would arrive with a transpar ent and stream KYC process. In theory a single technology would have secure access to our personal data and provide it demand to services per our agreement Instead of hundreds ofverification processes, we would have one Instead of days of waiting for approval, we would wait minutes Instead of exposing our data to thousands of platforms for an indefinite period, we would keep it private and under control That didnt happen. Instead, the identification ecosystem that has evolved over the last decade is full of middlemen, is complex in nature and has dubious processes, We lost our privacy, our data became target for hackers, we pay never-ending fees, and suffer slow speeds. Companies have spent billions on compliance while their experience hasn't improved a bit. This paper will review the current state of ID verification tech focusing on KYC process. It will outline a new solution that creates a transparent and efficient Blockchain-based service for users and service providers