As I can see some big player in this industry now as Civic and Theykey. What's IAME will do to win these competitors? also where's your target markets, please?
Hi, I think we didn't present ourselves properly when we first started the project. Our business is NOT only KYC. We are a zero-knowledge transaction protocol. Yes we do KYC but what we are building is different and we do it differently too. We did show some of the difference between us and CIVIC etc but the more we look into it the more we are different:
1. CIVIC, SELFKEY are fully KYC platforms and traditional ones.
2. They don't have a wallet to transact crypto which we do.
3. They are not payment based. We are building an identification layer that will identify payments and prevent scamming.
If we want to give a summary what we doing I would say the following:
"In the new Era of blockchain, we have heard many horror stories from scam, to hacking and illegal activities. However at IAME, we believe that most people are trustworthy, and are invested in the blockchain technology for the promises it holds. Those users need today a way to better protect themselves while transacting. They want to stay anonymous but yet at times they want you to be able to trust them. At IAME we are committed to bring the trust in the blockchain"
I am also forwarding a comparison here which compares us with CIVIC etc but you will notice that we also do payment.
Please check url:
https://blog.iame.io/how-we-differentiate-at-iame/
