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

[Limax]

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?

[turlando]

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.

[elitemom]

Why does verification process take about 30 minutes, according to  your one-pager?

[turlando]

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.

[IckyYak22871]

Maximum cap on ICO: $35 million

$35M for what? To put PKI onto blockchain? You can build a space rocket for this money.

[turlando]

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.

[Limax]

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?

[turlando]

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.

[Muo]

Is it possible to read somewhere a confirmation from members of the advisory board regarding their support of the project and their view on it?

[mountainskyman]

What are you going to do in order to provide liquidity to your tokens?

[mountainskyman]

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?

[turlando]

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.

[vanphummo]

Some POW or POS factories
Which better
I'm a new member. I'm going to understand it. Hope everyone show help me

[turlando]

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.

[Cooking_Monster]

Hi, what exchanges are you planning to be presented at?

[turlando]

Hi, what exchanges are you planning to be presented at?

Did not quite understand your question. 
Please specify what you mean.

[Cooking_Monster]

Hi, what exchanges are you planning to be presented at?

Did not quite understand your question. 
Please specify what you mean.

I mean the exchanges your token will be listed, or it's not exchangeable?

[regina2020]

Hello, what cryptocurrency can I use for payments?

[kamnibal]

Do you plan this project to be accepted and use by major international banks?

[turlando]

Hello, what cryptocurrency can I use for payments?

You are able to buy KYC Tokens using BTC, ETH, LTC, DASH, ZEC.