[ANN] 🔥IVY🔥 FACILITATING SECURE, TRANSPARENT BUSINESS PAYMENTS GLOBALLY.

[uyga78]

Does anyone know something about their IvyPay? What is this?

It's a collaboration project between Ivy and HiveEx. The platform will utilise Ivy’s KYC/KYT (Know Your Consumer/Know Your Transaction) blockchain technology and smart contract through the IVY token, to meet financial institutions’ identity verification, regulatory and compliance requirements.

Where do they plan to launch? What countries?

I think its Australia only now. Maybe they will launch it somewhere else later.

That's too bad. But i hope they will launch it globally.

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[mopsicus]

Is there airdrop for the Ivy project? I don't see any info.

[mi5ha6in]

Hey. So you required KYT and KY to participate? Is it necessary?

[iamjamesjames]

How do they plan to verify the sender data and legitimacy of bank accounts?

[crysisinthehead]

Hey. Where can i get announcements and stuff about Ivy project?

Their telegram channel is the best way. https://t.me/ivykoinchat

[straystranger]

What will be the information required to make a transaction?

[mastermindo]

Is there airdrop for the Ivy project? I don't see any info.

The IVY Airdrop has ended. Airdrop tokens are being distributed now. So you are late.

[vadimproton]

Hey. So you required KYT and KY to participate? Is it necessary?

Yes. the need Know Your Customer (KYC) to satisfy Bank Secrecy Act (BSA) and global AML requirements hashed into the blockchain and accessible as required. Also Ivy’s technology will provide Know Your Transaction (KYT) information that greatly exceeds regulatory requirements as will be hashed into the blockchain and accessible as required.

[megaedgylord]

How do they plan to verify the sender data and legitimacy of bank accounts?

The Ivy Network intends to verify basic sender data and legitimacy of bank accounts as part of the account opening process. The Ivy Network will provide initial identity document verification using various third-party services. Identity documents such as passports and drivers licenses are intended to be validated within minutes.

[iamjamesjames]

How do they plan to verify the sender data and legitimacy of bank accounts?

The Ivy Network intends to verify basic sender data and legitimacy of bank accounts as part of the account opening process. The Ivy Network will provide initial identity document verification using various third-party services. Identity documents such as passports and drivers licenses are intended to be validated within minutes.

Then how is holders’ bank account information going to be verified?

[megaedgylord]

How do they plan to verify the sender data and legitimacy of bank accounts?

The Ivy Network intends to verify basic sender data and legitimacy of bank accounts as part of the account opening process. The Ivy Network will provide initial identity document verification using various third-party services. Identity documents such as passports and drivers licenses are intended to be validated within minutes.

Then how is holders’ bank account information going to be verified?

Toward the same end, account holders’ bank account information is intended to be verified using a process whereby small deposits are placed into account holders’ bank accounts, and those deposit amounts are used to independently verify the successful connection between the Ivy Network and the bank account.

[alextrig42]

How do they plan to verify the sender data and legitimacy of bank accounts?

The Ivy Network intends to verify basic sender data and legitimacy of bank accounts as part of the account opening process. The Ivy Network will provide initial identity document verification using various third-party services. Identity documents such as passports and drivers licenses are intended to be validated within minutes.

Then how is holders’ bank account information going to be verified?

Toward the same end, account holders’ bank account information is intended to be verified using a process whereby small deposits are placed into account holders’ bank accounts, and those deposit amounts are used to independently verify the successful connection between the Ivy Network and the bank account.

Thank you man. I was wondering about it too. You save me a question, haha

[mopsicus]

It’s a great though for the future price of tokens but what if they end up very expensive and become prohibitive for each transaction for banks?

[Marriot]

So the Ivy project aims to create a network which can work with banks?

[AbrammFry08]

can someone tell me their advantages? Will they be successful?

[WhiteRed44]

So the Ivy project aims to create a network which can work with banks?

Yes, they aim for banks. The Tokens will be a blockchain based cryptocurrency intended for transactions with financial institutions and embeds far more Know Your Transaction KYT and KYC information into payments than incumbent payment networks, including current baseline payment systems such as the SWIFT protocol, CHIPS and Fedwire

[WhiteRed44]

can someone tell me their advantages? Will they be successful?

A Blue Sky Market
 Potential continued cryptocurrency market growth
 Potential penetration of global financial institution transactions
Highly Disruptive Technology
 It is anticipated that the Ivy Network will have architectural improvements compared to Ripple, our closest peer and the global leading Altcoin. Ripple currently has a market capitalisation of ~US$124bn
And they have amazing team. I bet they will succeed.

[dennyk96]

what architecture Ivy network gonna use? It’s important.

[eaglesonms]

Do we need to exchange our cryptocurrency if we want to send it?

[member33]

what architecture Ivy network gonna use? It’s important.

It is intended that the Ivy Network will function through the use of a dual network architecture, where senders of Tokens operate on a public network (Ivy Public Network), and parties that provide the financial settlement to fiat currency participate on a private network (Ivy Private Network)