Hey @dmilliz ,
KYC is one of the hottest topics regarding the expectations of people dealing with Blockchain technology. Majority of the people in this industry love the aspect of the security of data and their personal identitity. Although we all aware of the fact there there are so many bots and AI accounts that work in platforms especially in the ones which are nearly left by the users, KYC should never be seen as the only way.
Whatsoever happens, there has to be found new ways to prove that you are not a bot and you really exist on the earth.
As Blockchain industry is not accepted by the most of the countries as legal or suitable to be regulated, the people dealing with the things about the blockchain will always hesitate to reveal themselves. Until a world-wide acceptable regulation, personally I will always be reluctant to share my identity.
Thank you for your nice post :)
Good point. There must be a new way to prove identity. But most people in the space have already given over their identity to exchanges they use. A YouTubed was wondering if Voice would use biometrics but that just as bad as handing over your ID.
That worldwide regulation is coming soon. It seems the SEC knows more about crypto than we thought. Interesting times we live in. It is good to be in the depths of the revolution.
Thanks for your brilliant comment man:) let’s hope we won’t have to have over IDs to steemit .
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