ICO KYC.LEGAL
In the modern world, when confidential information is subjected to unauthorized access and theft, higher personal data protection is required. Therefore, people around the world use various services and applications where required user identification. Currently, processes such as KYC are widely used, which in abbreviation means. Know your customers
KYC = Know Your Customers are banking and exchange rules for financial institutions and bets, as well as other companies working with personal money, which means they must identify and assign the identity of their counterparts before making any financial transactions.
What services do I use for KYC?
Stock, Crypto, brokerage offices, banks, funds, online loans and so on.
Especially, it needs to be highlighted by ICO, where recently the tendency to use KYC in doing tokenail becomes more frequent. In addition, KYC is required to provide services such as online orders for prescription drugs. Or confirm the age of the buyer, say, for the purchase of alcohol and tobacco. In general, any service that requires identity verification and identification.
Brief introduction:
KYC.Legal is a new unique service that allows you to verify and identify users, which prevents possible fraud: no one can use someone else's name for personal gain, for example - to get paid services. To protect and validate data, the famous Blockchain technology is used.
In addition, ICO KYC's legal technology is modernizing the outdated KYC process, and based on the "blockade" technology, an automated check, which saves time and money. Due to "blocking", service providers can be assured of the integrity and security of information, the same concerns the reliability of user data, as all information will be checked by a personal identifier and authentication process.
Blocking systems create separate hashes for each private data parameter, and store address, age, access point and insurance data separately. The KYC law does not use cryptographic hashing to store personal data after the user's identity has been authenticated. If the KYC's legal system has been compromised, or some other company, the personal information of users using its services will not be affected. All this is due to data storage only on the user's electronic media. This is especially the case now, when victims of fraud due to unauthorized access in recent years have become more.
The law of KYC has many advantages. For example, the whole process takes less than 30 minutes, while current service users spend more than two days in their time. In the current service there is a closed ecosystem, and with the help of KYC gives legal open source infrastructure and free software available. As for the security issues in the current service, there is no cheating and malware. Mistakes caused by human factors in KYC law are not allowed, as nobody is here. In addition, the user has the ability to manage and control himself, while protecting his personal data. Thanks to KYC's legal technology, there are leak prevention, breaches of protection and unauthorized access.
In high cryptoflower currencies, the term "initial coin placement" comes to us from English, which in English abbreviation means ICO (Initial Coin Offering). The goal is a major fund investment, and further investor appeal, for redemption of tokens at a higher cost price. Tokens (digital coupons) are used in ICO as "coins", which are released on "blocks", in which the work is bitcoin based. Such digital coupons can be traded, and do not contain any personal data about the owner, unlike the same stock.
ICO
The start date for ICO Products is December 1, 2017, starting price of Token is set as 1 US Dollar per each KYC Token.
42 000 000 of which:
80% ICO
15% of the KYC team
5% Operational cost
CONCLUSION
Currently the Product is at the 3rd ICO stage with the collected amount of 8 000 000 $. I must point out that softcap (the minimal amount of investment to launch the project) has been collected for a long time. Hardcap is 35 000 000 $. I do not think it would be a problem to collect the required amount. All in all, The project is worth to buy ICO and Bounty.
MORE INFO:
Situs resmi: https://kyc.legal
Whitepapper: https://kyc.legal/WhitePaper-RUS.pdf
Twitter: https://t.me/KYCLEGALru
Facebook: https://www.facebook.com/KYCLegal/
Bitcointalk: https://bitcointalk.org/index.php?topic=2370568.0
Telegram: https://t.me/KYCLEGALru
by poleng
my ETH: 0x277F58a93f1c804C532eBaf5Aa3B9945743f6d06
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