Topic: Question: method against KYC stealing - page 2. (Read 339 times)
I understand your fear, that is why the space needs a regulatory body to make sure these scammers are held accountable.
But the data is still being handed over. The watermark will only show on the image you sent. All a thief has to do is copy the data. I think you are right to be afraid. When I see ICO I assume it is a scam.
If you simply must and take a foolish risk participate in an ICO then you should make absolutely sure that the business is a legal business with a license on file. If they don't have that and they are asking for KYC information then it is surely a scam.
This is absolutely right, even with the watermark they are still going to be in possession of your information and they can do whatever they want with that, this is why it is very important to do our due diligence on icos and unless we are completely convinced that the project is an honest one we should never sent our documents or we face the risk of getting our identities stolen. If you simply must and take a foolish risk participate in an ICO then you should make absolutely sure that the business is a legal business with a license on file. If they don't have that and they are asking for KYC information then it is surely a scam.
yes, this is part of what we are worried about, data theft or used as an illegal activity. but certainly not much we can do. because if it does not include KYC we do not get the token. but basically we can find out an ico involving KYC or not. it's just that most tend to ignore it.
If you are afraid to provide your personal data and copies of documents while checking KYC, you can use any other documents that are in large numbers on the Internet. I know that many now do so. In general, I think that the requirement to undergo such a check against the participants of the ICO generosity campaign is illegal, because we do not invest in such projects and can not launder dirty money. I have not yet seen any campaign that sucked on any regulatory document that gives them the right to require me to provide such data. My country has a law on the protection of personal data and this case does not fit into this law.
It's good idea to add a watermark to the KYC documents to prevent identity theft, however it will not pass if they are strict on it. KYC is something that puts investors off the project so better to stick to ones that don't require it, unless it is a sure thing like the telegram ico.
mostly investors have to go through KYC and there is no need for bounty hunters to go through KYC in most cases. if KYC required you can just skip this campaign.
Yeah, you are right, the high risky ICOs I will try to avoid passing KYC.
First of all it is necessary to choose those companies which don't give a reason to doubt the reputation. And the second - drawing the watermark through the photo since the copy of the document can be important, information from the document can be got also in other ways 
actually should be like that, not forcing to look for identity of someone who can not be accounted for later. however identity is a secret that needs to be maintained.
Have you ever been trying this ? Does it work ?
Please, tell me your thoughts, I will be glad very much.
Why don't you suggest it the ICO telegram groups you are participating in?
Writing directly to admins?
Yes you are right. there is some stealing your data. But nevertheless, you have to provide all valid data for the process. It would be better if you choose the reliable one who might not steal your data and well reputed in the industry. And in the form, making the info transparent could be a good idea.
Hello, guys !
There is very relevant problem - a lot of projects are doing their ICOs and a big part of them require KYC submission.
I am, as a person, I'm afraid of stealing my personal data. I am, as maybe all of you, trying to find way to prevent thefting my data.
The question is, how about providing the text, while providing your docs in KYC Verification. The text will be ON this pictures of my docs, half-transparent font.
For example
Have you ever been trying this ? Does it work ?
Please, tell me your thoughts, I will be glad very much.
There is very relevant problem - a lot of projects are doing their ICOs and a big part of them require KYC submission.
I am, as a person, I'm afraid of stealing my personal data. I am, as maybe all of you, trying to find way to prevent thefting my data.
The question is, how about providing the text, while providing your docs in KYC Verification. The text will be ON this pictures of my docs, half-transparent font.
For example
Have you ever been trying this ? Does it work ?
Please, tell me your thoughts, I will be glad very much.
I have already spoke against this system, where it was debated why KYC is important. You can check here :
https://bitcointalksearch.org/topic/m.35581672
KYC might help the ICO but it will not help the users who submit their details, as their identity is under risk. No, matter how secure system the company provides there is always risk of scam and hackers stealing our information. Crypto currency is a thing we deal all over the globe and not just one city or country, even if you security gets compromised and misused you will never know. Hence, companies should come with come a better solution than KYC.
With KYC security we can not steal because of the identity of the documents of trusted users. I have an idea in my mind how to authenticate that document is mine. 
Now we can't do anything but trust in the ICO KYC process? I have been doing KYC as of now but nothings have ever been stolen from me. I guess I only have passed my documents to trusted ones. What if we add dates on what day we have taken up the picture? Maybe it will just be edited if there will be someone to stole it. I have ideas in my mind how to authenticate that the documents are mine, suddenly there are ICOs that are now making that happen.
How do you know that? You can't be sure until something actually gets stolen. Do you believe that your data will remain there for a month or 2 and then disappear? No, whatever you put in the Internet will remain there. Sure, there are cases of really legit and honest people who delete your pictures and scans right after verification, but you should always prepare for the worst.
i believe that with a photo of the document of this kind and a writing like that unfortunately you will never pass the kyc verification, however i am against this procedure seems to me a limitation of freedom and i think goes against the principle of anonymity of the crypto...
Hello, guys !
There is very relevant problem - a lot of projects are doing their ICOs and a big part of them require KYC submission.
I am, as a person, I'm afraid of stealing my personal data. I am, as maybe all of you, trying to find way to prevent thefting my data.
The question is, how about providing the text, while providing your docs in KYC Verification. The text will be ON this pictures of my docs, half-transparent font.
For example
Have you ever been trying this ? Does it work ?
Please, tell me your thoughts, I will be glad very much.
There is very relevant problem - a lot of projects are doing their ICOs and a big part of them require KYC submission.
I am, as a person, I'm afraid of stealing my personal data. I am, as maybe all of you, trying to find way to prevent thefting my data.
The question is, how about providing the text, while providing your docs in KYC Verification. The text will be ON this pictures of my docs, half-transparent font.
For example
Have you ever been trying this ? Does it work ?
Please, tell me your thoughts, I will be glad very much.
This method is most likely to work for people who steals identity from other people, but what about people who purchases other people's KYC documents and then use it on sites?
That could be a problem that you will be unable to solve unless you will require your customers to register with a bank account/credit card that is attached to their profile and then there will be zero chance of someone who stole an identity to actually be able to use the site.
First of all it is necessary to choose those companies which don't give a reason to doubt the reputation. And the second - drawing the watermark through the photo since the copy of the document can be important, information from the document can be got also in other ways
It's good idea to add a watermark to the KYC documents to prevent identity theft, however it will not pass if they are strict on it. KYC is something that puts investors off the project so better to stick to ones that don't require it, unless it is a sure thing like the telegram ico.
mostly investors have to go through KYC and there is no need for bounty hunters to go through KYC in most cases. if KYC required you can just skip this campaign.
Ok, Let's assume you add the watermark, what would be the idea behind it. Do you want to prevent them from re-using the
same documents for something else? Any person with some good Photoshop skills will remove that watermark and then
re-use that information on another site. Most other sites where this information is required, do not have experts in document
analysis to spot this, because the admin is done by normal clerks.
same documents for something else? Any person with some good Photoshop skills will remove that watermark and then
re-use that information on another site. Most other sites where this information is required, do not have experts in document
analysis to spot this, because the admin is done by normal clerks.
Hello, guys !
There is very relevant problem - a lot of projects are doing their ICOs and a big part of them require KYC submission.
I am, as a person, I'm afraid of stealing my personal data. I am, as maybe all of you, trying to find way to prevent thefting my data.
The question is, how about providing the text, while providing your docs in KYC Verification. The text will be ON this pictures of my docs, half-transparent font.
For example
Have you ever been trying this ? Does it work ?
Please, tell me your thoughts, I will be glad very much.
That is a very big worry for all of us, but it seems that what you want to do is to add some kind of watermark to your documents right? I am not an expert when it comes to manipulating images or something like that, but I suppose it's very easy to take off that watermark, it should be a piece of cake for the professionals that have the knowledge and the skills about how to use tools like Photoshop.There is very relevant problem - a lot of projects are doing their ICOs and a big part of them require KYC submission.
I am, as a person, I'm afraid of stealing my personal data. I am, as maybe all of you, trying to find way to prevent thefting my data.
The question is, how about providing the text, while providing your docs in KYC Verification. The text will be ON this pictures of my docs, half-transparent font.
For example
Have you ever been trying this ? Does it work ?
Please, tell me your thoughts, I will be glad very much.
You are right, but I think, that not everyone thief has skills in Photoshop or kind of this and in the case he has, it will take your time to remove watermark.
If could decrease the chance of stealing your information, if it will able to pass KYC.
You have understood me well. I had written my thoughts about it before. Write me back, with the thoughts, what do you think about it.
KYC is really an issue with ICOs and something you should always not be willing to give right away. I am not sure if you put text over your picture that they are going to accept your photo. Simply because it can clearly been sean that you have edited it and most of them require just an image an nothing more or less.
If you are really that much concerned you may want to look up for ICO pools, which are basically where many "small investors" join their money and one registers for ICO and at the end share the tokens. But these have their own risks as well and honestly I haven't tried any of them so I can't really vauch how good are they. But I've heard they exist.
If you are really that much concerned you may want to look up for ICO pools, which are basically where many "small investors" join their money and one registers for ICO and at the end share the tokens. But these have their own risks as well and honestly I haven't tried any of them so I can't really vauch how good are they. But I've heard they exist.
It is sad
Thank you for info about existing of this pools.
But the data is still being handed over. The watermark will only show on the image you sent. All a thief has to do is copy the data. I think you are right to be afraid. When I see ICO I assume it is a scam.
If you simply must and take a foolish risk participate in an ICO then you should make absolutely sure that the business is a legal business with a license on file. If they don't have that and they are asking for KYC information then it is surely a scam.
If you simply must and take a foolish risk participate in an ICO then you should make absolutely sure that the business is a legal business with a license on file. If they don't have that and they are asking for KYC information then it is surely a scam.
Of course, they have my data, but, following this idea, they will not able to use your image with your ID, right ?
Well first of all it doesn't sound like you're willing to trust many people in this industry, as you have every right to fell that way.
The only problem with that mentality is that since it is very easy for people to scam in crypto, sometimes KYC is absolutely necessary.
Sure it can be annoying but as long as you are who you claim to be, I wouldn't be too concerned.
This is, of course, only after you've researched the ICO you are going to invest in.
The only problem with that mentality is that since it is very easy for people to scam in crypto, sometimes KYC is absolutely necessary.
Sure it can be annoying but as long as you are who you claim to be, I wouldn't be too concerned.
This is, of course, only after you've researched the ICO you are going to invest in.
My intent is to prevent using my images with ID by thiefs in their own purposes. There is nothing bad in trying to defend my data And avoid problems, connected with this kind of stealing. Thank you, for your opinion !
At this stage of topic, I believe that it is good way, but my docs couldn't be accepted. That's a problem.
Ok, Let's assume you add the watermark, what would be the idea behind it. Do you want to prevent them from re-using the
same documents for something else? Any person with some good Photoshop skills will remove that watermark and then
re-use that information on another site. Most other sites where this information is required, do not have experts in document
analysis to spot this, because the admin is done by normal clerks.
same documents for something else? Any person with some good Photoshop skills will remove that watermark and then
re-use that information on another site. Most other sites where this information is required, do not have experts in document
analysis to spot this, because the admin is done by normal clerks.
That what we are worying about with the kyc it can crush about bitcoin or cryptocurrency ecosystem from anonymously and that also make some problem about stolen data
I don't worry about it, because I am a fair player.
But the data is still being handed over. The watermark will only show on the image you sent. All a thief has to do is copy the data. I think you are right to be afraid. When I see ICO I assume it is a scam.
If you simply must and take a foolish risk participate in an ICO then you should make absolutely sure that the business is a legal business with a license on file. If they don't have that and they are asking for KYC information then it is surely a scam.
If you simply must and take a foolish risk participate in an ICO then you should make absolutely sure that the business is a legal business with a license on file. If they don't have that and they are asking for KYC information then it is surely a scam.
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