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yudi09
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July 18, 2018, 09:42:30 AM |
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It is a requirement to use KYT and KYC if you want to work with banks?
Yes. Ivy needs Know Your Customer (KYC) to satisfy Bank Secrecy Act (BSA) and global AML requirements hashed into the blockchain and accessible as required. And what about KYT? It is needed too? 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. whether it can function as notification to our device? so if anyone transacted with our account then there must be approval from our device? is there something like that in this app? thank you |
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alexhott
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Activity: 74
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July 18, 2018, 09:54:39 AM |
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Man, it looks like Ivy is not that good at marketing. They have such a great team, idea and possibilities. This is sad.
I have to agree. That's unfortunate, I hope they will have a bright future. |
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adsjohn
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July 18, 2018, 09:57:23 AM |
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It is a requirement to use KYT and KYC if you want to work with banks?
Yes. Ivy needs Know Your Customer (KYC) to satisfy Bank Secrecy Act (BSA) and global AML requirements hashed into the blockchain and accessible as required. And what about KYT? It is needed too? How to understand the KYT mentioned in the article? Some can't understand |
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AncientZero
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July 18, 2018, 09:58:26 AM |
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I want to buy more IvyKoins but waiting for coinspot listing as I don't trust that much current exchanges.
Why don't you just buy it on Hitbtc? They are trusted and Ivy is listed there nah, i'm not a fan of this exchange. |
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chupanebre
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July 18, 2018, 10:05:49 AM |
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It is a requirement to use KYT and KYC if you want to work with banks?
Yes. Ivy needs Know Your Customer (KYC) to satisfy Bank Secrecy Act (BSA) and global AML requirements hashed into the blockchain and accessible as required. And what about KYT? It is needed too? How to understand the KYT mentioned in the article? Some can't understand Know Your Transaction (KYT): KYT information includes details such as the type of transaction (for example, whether the transaction involves cash, foreign wire payments, or cheques), the recipient of the funds (including its address as reported by the sender at the time of instruction), and details included in the transaction memo. |
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nikolayenko
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July 18, 2018, 10:15:20 AM |
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How about inclusion? How many data points is Ivy will allow?
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olehrazin
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July 18, 2018, 10:18:43 AM |
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People keep saying that they have amazing team and stuff. Where can i find more info about the team?
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big-vados123
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July 18, 2018, 10:27:23 AM |
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People keep saying that they have amazing team and stuff. Where can i find more info about the team?
If you want more info just visit www.ivykoin.com |
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piper345
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July 18, 2018, 10:32:33 AM |
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How about inclusion? How many data points is Ivy will allow?
It is anticipated that the Ivy Network will allow for the inclusion of more than 120 different KYT data points and more than 70 different KYC data points in transaction messages. |
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PhysRevB
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July 18, 2018, 10:37:43 AM |
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What "special" functionality Ivy network plan to provide in terms of services?
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jack80808
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July 26, 2018, 08:11:18 AM |
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Ivy is a blockchain-based technology for FIAT & cryptocurrency business transactions which require extensive verification in the international monetary system. The Ivy network utilizes Ivy (IVY) tokens which carry KYC & KYT data points critical for Financial Institution validation. Advantages of Ivy Network over traditional payment networks - Securely facilitate the transfer of cryptocurrency payments while associating KYC and KYT data via the trusted, distributed ivyKoin network
- Embed more KYT & KYC information into the transfer than traditional payment methods
- Able to be integrated into existing banking software
- Offer easy integration into accounting software for bookkeeping efficiency
- Provide revocable access to KYC/KYT data to financial institutions, accountants, company managers and others, depending on the information they require
More Know Your Customer (KYC) Data Ivy is designed to collect more transaction specific information than traditional payment networks, to enable it to be easily accessible to financial institutions
More Know Your Transaction (KYT) Data It is anticipated that Ivy will also allow for more than 120 KYT data fields to be sent with transactions
PAPERS Advantages of Ivy Network over Ripple and other cryptocurrencies Our platform has planned architectural improvements compared to Ripple, our closest peer and the global leading Altcoin. HOW IT WORKS - 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).
- KYC/KYT/AML data supporting transactions will be captured in cryptographic containers that are generated from the Ivy Public Network interaction with the Ivy Network smart contracts and support the activities of the Ivy Private Network participants in facilitating transaction settlement.
- This data will be stored and accessible by the financial institution and governing regulators of the fiat balance recipients.
Sender Identity - Senders will register with the network prior to sending currency. It is assumed by the Ivy Network that recipients are identified by their respective financial institutions and intermediaries as part of establishing an account.
Financial Institution and Intermediary Identity - It is intended that Ivy will rely on the good hiring practice and vigilance of information security practices at the financial institutions and intermediaries where it communicates data. All activities of identified users can be centrally tracked and managed, and individual transaction container history viewed.
- The Company envisions the Ivy Private Network as consisting of validation nodes sponsored by entities other than itself. The Ivy Private Network will be validated directly by financial institutions and intermediaries, who are independent, yet aligned. This will greatly reduce thelikelihood of network spam and aligned incentives removes the need for block rewards that typically incentivize public blockchain networks.
- For consensus, it is anticipated that a scheduled byzantine fault tolerant algorithm, such as Istanbul BFT will be used. In this consensus algorithm, each participant creates blocks on a scheduled, round-robin basis and submits its results to the rest of the network, which must vote with a 2/3 majority to approve the leader’s block calculation. Specific benchmarks of Istanbul BFT indicate that it is capable of ~1000 transactions per second, which reflects the total estimated network of interagency transactions that happen today between FedWire, SWIFT, and ACH.
It is anticipated that the Ivy Network will use dxChain cryptographic containers to store KYT/KYC/AML data in a date container (Ivy Data Container). The data is collected through the interface of the Ivy application at the time the user submits their request for the transfer of currency. Contents of the Ivy Data Container are intended to include: - Container metadata
- Transaction metadata
- Submitted transaction Details
- Sender identity information (as applicable)
- Supporting documentation and attachments
(as applicable)
Using this format, each component of supporting data is independently and persistently encrypted to secure access at rest and during exchange using standard AES-256 symmetric and 4096 bit RSA asymmetric cryptographic methods, and SHA-384 message digests. TEAM
ADVISORS
PARTNERS
IVY (IVY) TOKEN INFORMATION Token Symbol: Ivy
Total Token Supply: 1,610,924,200[/font] LEGEND - Pre-Sale Token Sales – Tokens purchased in the pre-sale token sale.
- Seed Investors & IP Vend Tokens – Tokens purchased by seed investors and used to acquire IP.
- Ivy Growth Pool – Used to incentivize partners including financial institutions to test and adopt Ivy.
- Fees Paid For Various Services – Tokens used to pay for marketing costs, exchange fees and other services.
- Management & Advisory Pool – Incentivize current advisors and future management to join the company.
- Ivy Reserve Pool – Only used to fund further development and operating costs if required.
- Ivy Treasury Pool – Used to facilitate ivySend transactions and other treasury functions.
ROADMAP It is intended that the development of the Ivy Network will occur in two Phases over 2018 and 2019. In Phase 1 of development of the Ivy Network, payments are received directly from the Company via legacy interbank payment methods such as ACH or wire. In Phase 2, banks receive payments from Ivy Network validators who facilitate private IVYB transfers on the network and immediate, direct payments to member Financial Institutions through accounts they maintain there. Over time, the Company will seek to: - Build the network of participating financial institutions globally
- Expand conversion capabilities to include many more fiat currencies and digital assets
- Develop partnerships with organizations who can benefit from the Ivy Network
- Develop improved methods for KYT/KYC/AML data verification
IVY NEWS Proud to announce that #ivy is now on @coinmarketcap IVY ON IDEX IVY WILL SOON BE LISTED ON HITBTC Dear IVY Team Aiodex is the trading platform for innovative ideas and solutions based on blockchain. On Aiodex is showing an underground race to get top 10. We want you to be among them. As we know your coin is very potential, in the near future it will achieve great success. Let us a chance to help you to gain that success. Come and show us and everyone in the crypto world know the value and strength of your community. And you will not regret joining. “Two heads better than one!”. Let’s come and make some noise on Aiodex at ☞ https://aiodex.com/vote/coin/5b5981e41aaad360dc4751a1Please, Don't hesitate to let us know if you have any questions. Sincerely, Aiodex Team Discord: https://discord.gg/RvhvdZqFacebook: https://[Suspicious link removed]/aiodexofficial Twitter: https://twitter.com/aiodex_officialTelegram: https://t.me/aiodex_officialWebsite: https://aiodex.com |
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glonic
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July 26, 2018, 08:33:51 AM |
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ivykoin project has proved itself in many ratings! A promising project! Do not miss the opportunity to become an investor in a prospective project!
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RuSS512
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July 31, 2018, 10:33:10 PM |
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Reliable and secure business payments for everyone?) That's some amazing idea right there)
Hopefully, you guys will be able to achieve everything you've set out to do because, as a small business owner, I have something to gain from this))
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RuralDistubance
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October 29, 2018, 10:54:02 PM |
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Ivy Github is dead, no commits on any repository since May 2018. Ivy Bitcointalk is dead, no talk, news or FUD since July 2018. Ivy marketing is dead or largely ineffective. Exchanges are not adding Ivy, there's no place to buy it or trade for it.
From a glance it seem's Ivy itself will be next one to turn up dead.
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