Traceto.io (ICO): Decentralized KYC App?

in #blockchain6 years ago

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Each day, many of ICOs light up the now-trendy Medium.com forum Bitcointalk.org and, eager to create a huge break and live-up to the expectations of their programmers. Their emergence is a testimony to how grand the whole world of block chain and crypto Money is and the impending it has. Despite this, though, it is rare to review an Initial Coin Offering that has been clearly hailed as one of the best to watch.

Introducing Traceto.io (T2T)

The calls for the law of an otherwise not regulated crypto field look to be lastly becoming oral and unavoidable, thanks to the KYC compliance protocols. A famous as Know You Customer, it's now compulsory to fulfill with this law in South Korea and some selected areas of the planet. It is very probable that this law will finally come true, while whether it does or not, there is no doubt it'll advantage both sides– officials enforcing it and virtual money investors.

Traceto.io Network is partially the force behind the huge adoption of Know Your Customer or KYC, given the decentralized KYC system it has developed. Crypt Money and bloc chain asset makers needed to comply with it will joy knowing that Traceto.io Network that joins Smart agreement and Artificial Intelligence (AI) has their backing.

What is the issue With KYC and Can Traceto.io Network Be the Messiah?

The subject of KYC is quite prickly in this quickly growing sector as it risks to distort the extremely fabric of secrecy it's founded on. A lot of would prefer to keep it not regulated and away from the manager of the centralized agencies. They'd also like to stay away from accepting it, accepting the hugely accepted lie that Knows Your Customer compliance is costly for nothing.

What the Traceto.io Network aims to contradict is the KYC problems surrounding the far-fetched postulation that secrecy that virtual space is founded on can supersede compliance with CTF and AML rules. And so, the network developed will augur well with the authentic world rules while offering the ongoing due carefulness procedure applying a blend of Artificial Intelligence and Smart agreements. With that, it is not a wild deduction why the Traceto.io Network token T2T pre-sale will be amongst the most nearly followed until the closing of the sale.

How Traceto.io Network Proposes to Help accelerate KYC Compliance

The Traceto.io Network is based on an innovative KYC structure tested and conventional to agree with the accepted regulations. When it becomes ready, there is a common aura that it'll convince the lawmakers that compliance is not a huge deal as it'll provide an “ongoing due industry procedure.”

Also, ID identification alongside sanctions, rigorous media screening, PEPs and will comprise the Know Your Customer screening procedure. By including Artificial Intelligence and ETH block chain’s Smart agreements, it will be upcoming-proof as well.

Opportunities and Strengths of the Traceto.io Network

The ICO sale is not developed from scratch. There's an existing creation, which is developing income, and it comes from a company with a record of achievement of victory. More than 5 decades customers use Artemis tool in the Virtual money sector, and this makes adoption doable. One promising joint venture in the works is with KYBER Platform. This could help endorse adoption of the asset.

Traceto.io Network ICO Team

Chye Kit Chionh The CEO and founder of Traceto.io Network. The Dias Lonappan is the CTO; he's also a co-founder. The Gene Yan Ooi A chief data analyst is also a co-founder. Traceto.io Network's co-founder and is CMO Dan Poh. Traceto.io Network has a number of advisors working with the ICO sale. One of them is the Kyber Network's CEO, Dr. Loi Luu.

ICO details:

• Ticker: T2T
• Token type: ERC: 20
• Fundraising Goal: $ 23,800,000 (35,000 ETH)
• ICO Token Price: 1 T2T = USD 0.0595 (0.00009 ETH)
• Full Tokens: 1,000,000,000 (ONE Billion)
• Available for Token Sale: 40%
• White list: Yes
• Know Your Customer or KYC: Yes
• Min and Max Personal Cap: 0.5 ETH / No
• Accepts: ETH
• Token Issue: Within 4 weeks after the conclusion of the public sales

Is The Traceto.io Network (T2T) value Investing in?

Taking a look at the Traceto.io Network Initial Coin Offering hard-cap of 30,000,000 USD, it just speaks about the scale of the Traceto.io Network project. Sale of the T2T is already ended. A token costs 0.10 USD and these tokens will perform as the means of using for KYC services in the system after which unsold tokens will be destroyed to decrease supply. To enfold this up, Traceto.io Network is a real project that consists of Reg tech experts whose members (a lot of them) remain at Cynopsis Solutions. It's a Singapore based plan.

For further details, you can visit these links:

Website: https://traceto.io
ANN: https://bitcointalk.org/index.php?topic=2911588.0
Whitepaper: https://traceto.io/static/wp/traceto_Whitepaper_v1_34_11052018.pdf
Facebook: https://www.facebook.com/traceto.io
Twitter: https://twitter.com/tracetoio
Telegram: https://t.me/tracetoio


my bitcointalk name – shans
my bitcointalk url – https://bitcointalk.org/index.php?action=profile;u=1281298

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In my opinion, this project does not need a blockchain. Of course, with proper advertising, maybe the platform will work well, but I doubt it. It is much better for investors to pay attention to the Tokengo platform, where there is an excellent opportunity to make money on their investments.

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