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RE: Do you know that KYC and its relationship with the blockchain? Let's learn together! by Karupanocitizen

in Project HOPE3 years ago

Greetings friend. An important and controversial issue in blockchain, on the one hand it is important to defend anonymity and decentralization which are the pillars of this system, but it is certainly important to avoid abuses of those virtues to commit criminal acts, that is why means such as KYC identification are appropriated as long as only the user data is used to avoid abuses and not to make them known to a centralized organism.

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Greetings friend @emiliomoron, I fully agree with your opinion, however in the blockchain world we have a great advantage with respect to centralized mechanisms, the use of cryptography in all our processes, that could guarantee the protection of our identity without reaching be anonymous for the verification of the respective security systems.

Greetings my friend

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