What is KYC Legal?
KYC Legal where the KYC means Know Your Customer is a service that allows the verification of users and to prevent fraud. It is based on blockchain technology as a tool for protecting and validating personal data of Internet users.
The mission of KYC Legal is to make a solid and compelling method for verifying IDs while ensuring security. They imply that the Internet with KYC will wind up noticeably solid and straightforward. Hypothetically, this technology gives secure access to our own information, and gives it just by our understanding. Rather than several confirmation forms, we would have just a single. Rather than waiting a couple of days or even weeks, this stage will take just minutes. Rather than giving our information to a huge number of stages, we will monitor our information classified. KYC.LEGAL technology and token are completely based on the Ethereum stage. Underneath you can see our general structure. The token holder can impact the last cost of services - he can pick the amount he needs to acquire on the arrangement of the token and what markdown he will provide for the client.
How it works?
User registration requires the below:
- Identity through the application platform Kyc.Legal. Currently, the mobile application for the first stage can be installed on iOS and Android;
- Confirmation of documents and the identity of the user through a representative of the Kyc.Legal platform. In this case, the user does not need to go anywhere. The agent goes to the user himself to confirm the documents. After that, the documents are checked against numerous databases, which already provides protection to the service provider from the point of view of providing genuine documents. Upon the passage of the second stage, the user can start working in the system.
Advantage - KYC Legal offers a service that allows services to check users and prevent fraud. Relying on blockchain technology as a tool for protecting and transparency of data validation for users.
For users
-Personal information is protected by encryption and biometric data
-Data is hosted on user’s device
-User is able to choose information provided to service
-Document verification with digital sign
For services
-Reliable information on user
-Absence of fake or duplicated user profiles
-KYC (Know Your Customer) compliance
-Ecosystem for customer and service interaction
ICO
ICO will be held from November 29, 2017 to February 1, 2018.
Symbol of the token - KYC
Platform - ERC20
Minimum fees - $ 1 million
Number of generated tokens - 42,000,000
Token Sale
KYC is an Ethereum token which authorizes the usage of all KYC app services. Token generation means generation andex change of KYC between ICO participants. Tokens will be released and distributed within 7 days after the ICO closure. The offer is opened to the global community excluding U.S. citizens, whose are prohibited by the law of their country to take part in such activities. KYC.LEGAL is not responsible for members who violate ICO-related laws of their country of citizenship.
Distribution of the tokens
• 80% - ICO
• 15% KYC - Project team
• 5% - Operating expenses
1 KYC = 1.25 USD - 50% discount
Road Map
Meet the Team
More Info
Website: https://kyc.legal
Whitepaper: https://kyc.legal/WhitePaper-ENG.pdf
Telegram: https://t.me/KYCLEGAL
Twitter: https://twitter.com/KYCLegal/
Author: Hurricanecol
My Profile link: https://bitcointalk.org/index.php?action=profile;u=1576406
Eth Address: 0x43D58a3D64062e4E2cF6aD285c7FE3a8B25741cC