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Author Topic: Video call for KYC verification  (Read 40777 times)
djgtr
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November 25, 2018, 11:12:44 PM
 #421

Wow video KYC sounds like a nightmare from the novel 1984.  Next we will need full retina scans and anal probes.  Are you guys seriously sending in Passport documents over and doing videos? 

Maybe that would not totally happen I would agree if through chat the communication. We are all busy doing our individual job and that would taje for long if their is a vedio for KYC. That would not probably happen because it takes a lot of time. The trust will still be their as always.
MAXE
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November 25, 2018, 11:47:44 PM
 #422

This is the weirdest thing that can happen, because I don't know who's on the other end of the line, suddenly I'm mute or deaf.
What then to do in such a situation? Besides, I really did not want to show strangers to my house.
the1arty
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November 25, 2018, 11:50:01 PM
 #423

Video call for kyc verification?? Is it possible? Do you think it is the best way , rather than uploading your documents for kyc verification process? Most bounty campaigns and ICOs nowadays required a kyc.

If video call for Kyc verification is possible, what is the best and secure app to you use for video call

Yes, that is absolutely crazy. I faced it once also. Civic has a face scan, where crypto is going with all this KYC. Satoshi did not want blockchain to look like that for sure
SandraStark
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November 25, 2018, 11:55:09 PM
 #424

I don't know. I think this idea is not the best, and a bit stupid. Just like sending your passport data.  I think we need to look for another way to confirm the identity and fight with scammers. ... I don`t understand many things in this procedure.
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November 25, 2018, 11:59:36 PM
 #425

Video call for KYC to replace documents upload is very possible and a good idea but it would be very tedious to do on the part of the Ico team with thousands of bounty hunters. Maybe they can hire dedicated 3rd party services to do it.

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November 26, 2018, 01:26:51 AM
 #426

That will busy day for bounty manager. The problem is spreadsheet sometimes late update and how can they there's plenty of time to take care of the video call ? what if there are 2000 participants ?
Kyc video call I think is only suitable for exchanger that if the members need to make changes to their data (in my country this apply) and to bounty just enough kyc identity as usual.
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November 26, 2018, 01:46:14 AM
 #427

I don't know. I think this idea is not the best, and a bit stupid. Just like sending your passport data.  I think we need to look for another way to confirm the identity and fight with scammers. ... I don`t understand many things in this procedure.
yes, it seems like an idea like this isn't so good, i think this method wastes a lot of time.
i think this idea is crazy, because some people cannot use foreign languages fluently. if you use a video call, it will make everyone difficult.

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November 26, 2018, 02:01:53 AM
 #428

it's excessive, kyc is normally just upload the document its more simple

skiorf
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November 26, 2018, 02:08:37 AM
 #429

The level of enthusiasm for projects that implement such a system is likely to experience a significant decline. The system applied is too much trouble for participants and investors. It will also deviate from one of the crypto characteristics, about privacy and also anonymity. It should be considered for each project manager in implementing the system. The system will affect the enthusiasm of investors and participants. And that can have an impact on the team's performance process.
vladimirhf
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November 26, 2018, 02:30:31 AM
 #430

Yes, that is absolutely crazy. I faced it once also. Civic has a face scan, where crypto is going with all this KYC. Satoshi did not want blockchain to look like that for sure

but civic does not share your video and documents they just certify they are real, I think it's a good solution.
vladimirhf
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November 26, 2018, 02:32:55 AM
 #431

So this is already a reality. I participated in the Winstar project. I received a videocall from members of their team at a certain time.

ternio also did this to confirm winners of their giveaways, months ago, to avoid bots.
cewekimut
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November 26, 2018, 03:19:20 AM
 #432

Video calls for KYC verification are great because they aim for account users whose spam can be reduced or absent. But to run this application will definitely be difficult and requires a very large cost. And this can also reduce the interest of bounty hunters and they will choose projects that do not use KYC.

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parkhangso
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November 26, 2018, 03:27:27 AM
 #433

I think with ICOs that require KYC so hard you can ignore and search for other ICOs. I think there are a lot of ICOs to choose from
iconoclast
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November 26, 2018, 03:28:05 AM
 #434

Can you imagine the kind of AI computing power you would need to analyze thousands of videos looking for people creating multiple identities. Seems like a complete waste of time when you can scan documents instead which are much less data intensive. The key to future KYC system will be its ability to provide information that exchanges and ICO's need like your uniqueness, country of residence and nationality without disclosing personal information that they do not need to know.

Slash61
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November 26, 2018, 03:32:13 AM
 #435

Video calls for KYC verification are great because they aim for account users whose spam can be reduced or absent. But to run this application will definitely be difficult and requires a very large cost. And this can also reduce the interest of bounty hunters and they will choose projects that do not use KYC.
I think the cost of not so into Affairs, now many are doing so through the existing application on the mobile it became very easy. I also have been following such verification, nothing difficult, all the runs with ease.

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November 26, 2018, 03:33:11 AM
 #436

Video call for kyc verification?? Is it possible? Do you think it is the best way , rather than uploading your documents for kyc verification process? Most bounty campaigns and ICOs nowadays required a kyc.

If video call for Kyc verification is possible, what is the best and secure app to you use for video call
In my opinion, this idea is not good and will not go far. It is impossible that create video call for kyc.
ardentvolcanoes
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November 26, 2018, 03:34:54 AM
 #437

Such a waste of time, instead of focusing with development of the project this will serve additional work for the team, and if ever team will implemented such I guess investors will not agree with this, most of crypto lovers still wanted to have anonymous investment, revealing your personal identity is one of those features that keeping new and old investors away from any projects that implementing KYC.
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November 26, 2018, 05:44:47 AM
 #438

it seems that it is very good and can provide identity in the original way without editing, because usually when doing KYC by uploading documents it can be edited and can be manipulated.

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November 27, 2018, 01:14:27 AM
 #439

For further verification for the identity, I suggest making video call to ensure that the person submitting the documents is real. But still KYC documents is required. Because it is a requirement on the law of the country against AML. We have to comply on it. It is not beyond the concern of the ICO team.

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November 27, 2018, 01:58:14 AM
 #440

Video call for kyc verification?? Is it possible? Do you think it is the best way , rather than uploading your documents for kyc verification process? Most bounty campaigns and ICOs nowadays required a kyc.

If video call for Kyc verification is possible, what is the best and secure app to you use for video call
In my opinion, this idea is not good and will not go far. It is impossible that create video call for kyc.
The idea is good but it's too much complicated for me personally. You should provide all of your identity card and then you must do video verification and then that looks so weird to do that for some pennies. Does it enough for you?

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