[ANN][ICO] KYC.legal - Blockchain identity verification

[turlando]

Hello. Any restrictions for citizens of US, PRC or Singapore? There's some legal problems with those countries.

Hello. No restrictions. Citizens from every country can participate in our ICO.

Hi, I am U.S resident looking for opportunities to invest. That is good I am allowed to participate. You will have a lot of Americans! Some projects have restrictions.

Yes, we know! Thank you for your support of our project.

[turlando]

kyc is good market for blockchain

Yes. That's why we decided to go through with our project! Thank you for your interest in our project.

[AndrewBuck]

How better do your consider this ICO better than Civic which is already live and also the upcoming VeriME???

What is different in this???

[elzyo8]

Eastern Europe (just like other countries) has its perculiarities in law, people's habits and readiness of the market to accept the ideas. Did you have some 'differences'? Do you have any advisors on countries and regions?

[nirre55]

I believe many will be your agents. Are there anything to help your agents avoid mistakes (like double check) in case, say, person's photo on id documents 'seems to be him/her but not sure'? On the other hand what are the responsibilities of an agent?

[Vylentinka]

What is the main competitive advantage of your app?

[turlando]

How better do your consider this ICO better than Civic which is already live and also the upcoming VeriME???

What is different in this???

While Civic operates in the same identification market, we have a couple of main differences. Our solution is focused exclusively on client identity verification. Our slogan is "Quick and easy". Making it quick and easy to receive KYC. Using our platform, user verification, from the installation of the application and registration in the system to the arrival of an agent, takes less than 30 minutes. This solution will be applicable to all kinds of different areas of business - exchanges, cryptoexchanges, brokerage offices, banks, funds, online loans, etc. The next level will include, for example, services such as online orders of prescription medicines, or proof of a user's age for, say, the purchase of alcohol or tobacco. In a word, any services that require identity verification.

[turlando]

Eastern Europe (just like other countries) has its perculiarities in law, people's habits and readiness of the market to accept the ideas. Did you have some 'differences'? Do you have any advisors on countries and regions?

We have a lot of advisers in the process of developing and implementing our project on the market as it is necessary to consider many aspects in which our advisers are well versed.
Our service is designed to work in many countries and we must take into account all the features.

[turlando]

I believe many will be your agents. Are there anything to help your agents avoid mistakes (like double check) in case, say, person's photo on id documents 'seems to be him/her but not sure'? On the other hand what are the responsibilities of an agent?

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.

[webdeveloper5050]

Is your service already offered by a centralized entity? If so, why does decentralizing it make it better?

[turlando]

What is the main competitive advantage of your app?

Hello! You can check the response about advantages over competitors above Thank you for your question.

[turlando]

Is your service already offered by a centralized entity? If so, why does decentralizing it make it better?

We have already concluded a number of partnerships with exchanges and services and we are announcing them in the near future. At this moment that information is unavailable. Regarding our latest news on this matter - we have partnered with Quarrex. You can read more about it here: https://bitcoingarden.org/kyc-legal-qurrex-collaborate-hybrid-cryptocurrency-exchange/

Regarding the second part of your question - the decentralization is needed for the safety of user's data. With our project only hash-data which is stored in the blockchain will be sent to the services which prevents fraud in cases of hacking. The original ID data is stored only on the user's device.

[Kaznachej123]

                                                        KYC.legal ICO REVIEW (RUS) for Russian-speaking people!     https://youtu.be/WktHhBsD5Mo
                                                                             https://twitter.com/Kaznachej123/status/951137006989520896

              Service that allows to verify users and to prevent fraud. It is based on blockchain technology as a tool for protecting and validating personal data of Internet users.

                                             

[turlando]

                                                        KYC.legal ICO REVIEW (RUS) for Russian-speaking people!     https://youtu.be/WktHhBsD5Mo
                                                                             https://twitter.com/Kaznachej123/status/951137006989520896

              Service that allows to verify users and to prevent fraud. It is based on blockchain technology as a tool for protecting and validating personal data of Internet users.

                                             

Thanks for your support of the project!

[doublekilltriple]

What blockchain do you use?

[turlando]

What blockchain do you use?

Ethereum. You can learn more information in our whitepaper about it - https://kyc.legal/WhitePaper-ENG.pdf

[denzhikv]

How can i find your token in blockfolio app?

[turlando]

How can i find your token in blockfolio app?

I think that's a question to blockfolio app. All of our media you can find here - https://kyc.legal/#media

[ge_merlinsen]

Will you make list of agents available in your app only or it can be published openly on the website, for instance?

[turlando]

Will you make list of agents available in your app only or it can be published openly on the website, for instance?

At this stage, the choice of agent is not provided. If you asking about that.