I have read the description and I do not understand the usage of E-Residency of Estonia.
How would it be useful, how would the verification process be look like?
Thank You!
Hey,
In order for the marketplace to be regulatorily compliant, Change is building a multi-tiered standardized KYC (Know-Your-Customer) utility. Users won't need to present extensive information to simply sign up for the app and get a crypto payment card. However, to use regulated fintech services, users need to verify their identity. Estonia's e-Residency conducts a thorough background check, while also having a very strong potential customer-base to offer services to.
It will be very easy for us to onboard e-Residents for them to access the marketplace fintech services since government-grade KYC is already done.