Topic: [ANN][ICO] KYC.legal - Blockchain identity verification - page 70. (Read 44401 times)

Hello
"The product consists of two parts. The first part is independent self-verification. This is for those cases when the relevant service only requires users to independently put in their information, without any additional authentication, at the users' personal responsibility. The second part is when one of our agents goes to a convenient place of the user's choosing and confirms the information entered. Going forward, the KYC.legal checks this information against numerous databases, and the user receives the maximum level of verification and identification.

The initial information entered can be anything, even false information. However, when the order is processed we check the cardholder and the party who is paying the money. The card is issued by a bank, which performs some sort of check on its end. Potential agents also undergo a fairly in-depth verification process: utilities bills issued in their name and to their address, passport or other identification document, details of bank accounts that have been in existence for at least 45 days (this ensures another level of reliability, we do not want fly-by-night agents). We check those who will then check our clients.
A document identification system will be used to check the documents submitted during user verification, and we also perform an AML check and use various other internal and external services that allow us to verify the provided documents.
During the second stage of document verification, we use agents who must confirm that the person exists and that the documents indeed belong to him or her.
It is similar to the example of receiving a credit card from a bank. The bank sends a courier who checks the recipient and his or her documents.

Hello
Utility tokens, often called app coins or user tokens, provide users with future access to a product or service. Through utility token ICOs, startups can raise capital to fund the development of their blockchain projects, and users can purchase future access to that service, sometimes at a discount off the finished product’s sticker price.

Hello1 How your system will verify the documents whether it's real or fake?

Hi! Somewhere on this forum you`ve stated that KYC is a utility token. Please clarify what does it mean utility token?

We did the following:
1) Personal information is protected by encryption and biometric data
2) Data is hosted on user’s device
3) User is able to chose information provided to service
4) Document verification with digital sign

How are you planning on protecting user information from hacking attempts?

Hi there, if I get right your question - then citizens of any country can participate in our project.

Who can buy your tokens?

We cooperate with brokerage services, with microfinance organizations, with funds that work in the field of crypto-investment. Also, negotiations are underway with two crypto-exchanges. In addition, we started negotiations with companies that are the link between banks and exchanges.

Where can I use successful verification passed through your app/platform further? Can i got to bank for a loan and use it there?

Hey there. Thanks for your questions.
In our model we took into account the international experience in this issue and made a unique application that will allow to convey verification of data almost all over the world! Even if there are any restrictions to it, it can be done this way in the majority of the civilized countries!
It is the same with getting your insurance or a credit card online, when you need to prove that the client is real and alive. With the help of blockchain technology we can also take law aspects into consideration.

Any restrictions on citizenship for participation?

Thanks for the question
If you are asking about whether this product is needed for the market, then look at what is being written in the news and what laws are being passed around the world
We want customers to be either fake or fraudsters, but at the same time we do not want to share our data and be protected
All these points we solve with the help of our product
And we ask you to become our partners and help develop this product
In our team there are specialists with successful experience in marketing but the main thing in us is that we are open and honest with you and talk about all the details

Did you have any marketing studies? When is the market ready to buy it?

On what exactly question you want to hear our answer? You already can see there, that it will be easier for you to use our project in daily life.

This did not answer my question, but the answer seemed like a C control, V control of the site proposal, in fact most of the response here was C control and V control of the site

Verification costs 10-50 USD (depends on region). Tokenholder can divide the half of it between him and a new user, who needs a verification. He should transfer tokens into stack on his backoffice. After that he will receive a refferal link. Tokenholder can place it in some internet resources (website, social networks etc). When user (who needs a verification) follows this refferal link and pays for a verification ($10-50), he receives a discount and the tokenholder receives the rest part of the half of verification price. The tokenholder should decide (and fix it in his stack) in what proportion the half of the verification price will be divided between him and the user. The stack is a personal cabinet into which the tokenholder placed his tokens and generates a unique link with its unique price at which customers can get a special price different from the base price. The token is blocked for 1 month after it is called by the agent and then you can use it again.
The product consists of two parts. The first part is independent self-verification. This is for those cases when the relevant service only requires users to independently put in their information, without any additional authentication, at the users' personal responsibility. The second part is when one of our agents goes to a convenient place of the user's choosing and confirms the information entered. Going forward, the KYC.legal checks this information against numerous databases, and the user receives the maximum level of verification and identification.

Tell me, why should I buy your touken? I mean, the project looks good, but why is an ID system so necessary? Why would people pay to use your app? Other than that I do not understand, will the app make it easier for me on a day-to-day basis?

We establish additional relationships for opportunities to work with State bodies and now we are working with all possible open database for data verification.
This process is configured automatically, and the main criterion for us is the speed of the service.
We expect that in the near future, establishments in most of the countries will be able to provide automated information necessary for verification of documents.

Will you work along with certain government bodies or use their databases?