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

[turlando]

What is the main goal of the ICO??

Many countries and industries have specific rules on client relations. For example, it is incredibly difficult, nearly impossible in fact, to open a bank account or receive a prescription for a rare medicine without proper proof of identity. In the USA this concept is called Know Your Customer, or KYC. Our product allows the identity of users to be established and documented, so that going forward they can register for any services that require such verification by providing only that information which is required for each individual service. Our solution will help them to quickly and easily become verified users. We have created a product that makes it much easier to comply with client identification requirements. The product is made up of two parts: document verification through a mobile application, and verification of identity and documents with the help of a KYC.LEGAL agent. The entire process should take no more than 45 minutes, which is an all-time record on this market. We have a finished, functional application, which can already be downloaded and installed on both iOS and Android

[Cooking_Monster]

What is the main goal of the ICO??

Many countries and industries have specific rules on client relations. For example, it is incredibly difficult, nearly impossible in fact, to open a bank account or receive a prescription for a rare medicine without proper proof of identity. In the USA this concept is called Know Your Customer, or KYC. Our product allows the identity of users to be established and documented, so that going forward they can register for any services that require such verification by providing only that information which is required for each individual service. Our solution will help them to quickly and easily become verified users. We have created a product that makes it much easier to comply with client identification requirements. The product is made up of two parts: document verification through a mobile application, and verification of identity and documents with the help of a KYC.LEGAL agent. The entire process should take no more than 45 minutes, which is an all-time record on this market. We have a finished, functional application, which can already be downloaded and installed on both iOS and Android

I'm pretty sure you've been answering this question million times, but still, what are the bonuses of being kyc agent??

[turlando]

What is the main goal of the ICO??

Many countries and industries have specific rules on client relations. For example, it is incredibly difficult, nearly impossible in fact, to open a bank account or receive a prescription for a rare medicine without proper proof of identity. In the USA this concept is called Know Your Customer, or KYC. Our product allows the identity of users to be established and documented, so that going forward they can register for any services that require such verification by providing only that information which is required for each individual service. Our solution will help them to quickly and easily become verified users. We have created a product that makes it much easier to comply with client identification requirements. The product is made up of two parts: document verification through a mobile application, and verification of identity and documents with the help of a KYC.LEGAL agent. The entire process should take no more than 45 minutes, which is an all-time record on this market. We have a finished, functional application, which can already be downloaded and installed on both iOS and Android

I'm pretty sure you've been answering this question million times, but still, what are the bonuses of being kyc agent??

No, not million, thanks for asking. 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.

[Cooking_Monster]

What is the main goal of the ICO??

Many countries and industries have specific rules on client relations. For example, it is incredibly difficult, nearly impossible in fact, to open a bank account or receive a prescription for a rare medicine without proper proof of identity. In the USA this concept is called Know Your Customer, or KYC. Our product allows the identity of users to be established and documented, so that going forward they can register for any services that require such verification by providing only that information which is required for each individual service. Our solution will help them to quickly and easily become verified users. We have created a product that makes it much easier to comply with client identification requirements. The product is made up of two parts: document verification through a mobile application, and verification of identity and documents with the help of a KYC.LEGAL agent. The entire process should take no more than 45 minutes, which is an all-time record on this market. We have a finished, functional application, which can already be downloaded and installed on both iOS and Android

I'm pretty sure you've been answering this question million times, but still, what are the bonuses of being kyc agent??

No, not million, thanks for asking. 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.

Oh, great, and the last ? for today (as I need some time to think it over ), to become an agent, do I need to show up my ID and other private info about myself? And thanks for your answers!

[turlando]

What is the main goal of the ICO??

Many countries and industries have specific rules on client relations. For example, it is incredibly difficult, nearly impossible in fact, to open a bank account or receive a prescription for a rare medicine without proper proof of identity. In the USA this concept is called Know Your Customer, or KYC. Our product allows the identity of users to be established and documented, so that going forward they can register for any services that require such verification by providing only that information which is required for each individual service. Our solution will help them to quickly and easily become verified users. We have created a product that makes it much easier to comply with client identification requirements. The product is made up of two parts: document verification through a mobile application, and verification of identity and documents with the help of a KYC.LEGAL agent. The entire process should take no more than 45 minutes, which is an all-time record on this market. We have a finished, functional application, which can already be downloaded and installed on both iOS and Android

I'm pretty sure you've been answering this question million times, but still, what are the bonuses of being kyc agent??

No, not million, thanks for asking. 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.

Oh, great, and the last ? for today (as I need some time to think it over ), to become an agent, do I need to show up my ID and other private info about myself? And thanks for your answers!

We are only happy to answer all your questions.  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.
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.

[helen123]

Hi, since there are numerous questions about agent, let me add some more

Can I decide to use a specific agent even though he/she is not in my area? What if one of agent happens to be my friend or acquaintance? Will it be allowed for the agents to verify their family members, friends, co-workers etc?

You know, sometimes such closer ties may have impact on the decision and duties to be properly carried out.

[turlando]

Hi, since there are numerous questions about agent, let me add some more

Can I decide to use a specific agent even though he/she is not in my area? What if one of agent happens to be my friend or acquaintance? Will it be allowed for the agents to verify their family members, friends, co-workers etc?

You know, sometimes such closer ties may have impact on the decision and duties to be properly carried out.

Hi there. At this stage, the choice of agent is not provided.
And about agents, who cant verify properly family members, friends and co-workers. Our agent is responsible for ensuring that all the information on a client is checked carefully. If there are problems, they are resolved through the courts. It will be fairly easy to identify a potential fraudster, as we will know quite a lot about him or her.

[helen123]

Hi, since there are numerous questions about agent, let me add some more

Can I decide to use a specific agent even though he/she is not in my area? What if one of agent happens to be my friend or acquaintance? Will it be allowed for the agents to verify their family members, friends, co-workers etc?

You know, sometimes such closer ties may have impact on the decision and duties to be properly carried out.

Hi there. At this stage, the choice of agent is not provided.
And about agents, who cant verify properly family members, friends and co-workers. Our agent is responsible for ensuring that all the information on a client is checked carefully. If there are problems, they are resolved through the courts. It will be fairly easy to identify a potential fraudster, as we will know quite a lot about him or her.

Talking about court. Which one would be chosen then considering that project is under UK legislation and applicants or agents can be citizens of other countries and most likely they will be as you go international), then how disputes are to be solved?

[helen123]

Hi, since there are numerous questions about agent, let me add some more

Can I decide to use a specific agent even though he/she is not in my area? What if one of agent happens to be my friend or acquaintance? Will it be allowed for the agents to verify their family members, friends, co-workers etc?

You know, sometimes such closer ties may have impact on the decision and duties to be properly carried out.

Hi there. At this stage, the choice of agent is not provided.
And about agents, who cant verify properly family members, friends and co-workers. Our agent is responsible for ensuring that all the information on a client is checked carefully. If there are problems, they are resolved through the courts. It will be fairly easy to identify a potential fraudster, as we will know quite a lot about him or her.

Talking about court. Which one would be chosen then considering that project is under UK legislation and applicants or agents can be citizens of other countries and most likely they will be as you go international), then how disputes are to be solved?

I believe, there was some misunderstanding. My questions was about dispute resolution in court. In theory and later in practice. If applicant is not happy (and have evidence against agent, for example) - which court will be able to solve dispute? Local, international, or exclusively British?

In our model we took into account the international experience in this issue and made a unique application that will allow to convey verification of data almost all over the world! Even if there are any restrictions to it, it can be done this way in the majority of the civilized countries!
It is the same with getting your insurance or a credit card online, when you need to prove that the client is real and alive. With the help of blockchain technology we can also take law aspects into consideration.

[turlando]

Hi, since there are numerous questions about agent, let me add some more

Can I decide to use a specific agent even though he/she is not in my area? What if one of agent happens to be my friend or acquaintance? Will it be allowed for the agents to verify their family members, friends, co-workers etc?

You know, sometimes such closer ties may have impact on the decision and duties to be properly carried out.

Hi there. At this stage, the choice of agent is not provided.
And about agents, who cant verify properly family members, friends and co-workers. Our agent is responsible for ensuring that all the information on a client is checked carefully. If there are problems, they are resolved through the courts. It will be fairly easy to identify a potential fraudster, as we will know quite a lot about him or her.

Talking about court. Which one would be chosen then considering that project is under UK legislation and applicants or agents can be citizens of other countries and most likely they will be as you go international), then how disputes are to be solved?

I believe, there was some misunderstanding. My questions was about dispute resolution in court. In theory and later in practice. If applicant is not happy (and have evidence against agent, for example) - which court will be able to solve dispute? Local, international, or exclusively British?

In our model we took into account the international experience in this issue and made a unique application that will allow to convey verification of data almost all over the world! Even if there are any restrictions to it, it can be done this way in the majority of the civilized countries!
It is the same with getting your insurance or a credit card online, when you need to prove that the client is real and alive. With the help of blockchain technology we can also take law aspects into consideration.

Our second stage with verification is still in development. And about courts in countries, we will announce that information later.

[kaapaa]

Are there any countries you are aiming to start with? Europe/Asia/US ?

[turlando]

Are there any countries you are aiming to start with? Europe/Asia/US ?

Thank for your question
We are going to enter the market all over the world!

[wakeham8]

when will I receive dividends from my investments in tokens?

[buffets123]

How you system will verify the documents whether it's real or fake?

[turlando]

How you system will verify the documents whether it's real or fake?

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.

[helen123]

Thank you for the reply to the previous question.
For those who travel a lot, should they undergo verification every time they visit a new destination or initial verification has a lifetime status (unless personal data is changed, of course)?

[turlando]

when will I receive dividends from my investments in tokens?

KYC is not designed to offer earnings. The project Token KYC.LEGAL is a discount token that offers its holders numerous advantages. The main one is the opportunity to receive a 50% discount on the verification services provided by the platform for the purposes of KYC.

https://kyc.legal/OnePage.pdf

[turlando]

Thank you for the reply to the previous question.
For those who travel a lot, should they undergo verification every time they visit a new destination or initial verification has a lifetime status (unless personal data is changed, of course)?

If the original data does not change - in repeated checks it is not necessary.

[lusia2803]

What makes the your token unique?

[buffets123]

when will I receive dividends from my investments in tokens?

KYC is not designed to offer earnings. The project Token KYC.LEGAL is a discount token that offers its holders numerous advantages. The main one is the opportunity to receive a 50% discount on the verification services provided by the platform for the purposes of KYC.

https://kyc.legal/OnePage.pdf

So it means it won't be listed on exchanges?