What does “blockchain KYC” mean? (What information is required for blockchain KYC authentication?)
What does \”blockchain KYC\” mean? In simple terms, it is a distributed identity p
What does “blockchain KYC” mean? In simple terms, it is a distributed identity protocol based on Ethereum. Users do not need to send emails or messages to verify their transaction records or other information when using a website of a certain product; instead, they need to enter a password and a public key (such as Bitcoin) when logging in through the internet. Since cryptocurrency is considered a digital asset rather than currency, it is no different from traditional financial systems.
Therefore, we can define this as “blockchain KYC”. In other words, the term “blockchain KYC” is actually a term, as its meaning is not a specific concept but refers to a virtual token constituted by specific technologies, applications, technology platforms, and other terms. This means that if the project team wants to issue its own blockchain token and operate it, they must have the corresponding legal qualifications. (ChainFinance)
What information is required for blockchain KYC authentication?
What information is required for blockchain KYC authentication? We know that in many countries, the application for identity verification and certificates needs to be reviewed by formal institutions. For example, countries like the United States, Singapore, and Japan have issued licenses for digital currencies (such as Bitcoin). These companies have three ways to obtain legally valid identity proof: first, open a bank account through a bank account; second, open an account using WeChat or Alipay; third, register an account with Google and enable mobile app login function.
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