Know Your Customer

in #know5 years ago

It is the way businesses use to verify the identity of a client / customer and reduce potential risks such as illegal / fraudulent activities.

IMG

When it comes to the crypto currency where some KYC forms will really be secured, it is highly controversial, but it doesn't happen much because of anger, decentralization, freedom and general mistrust of a third party.

In the case of Steem, having some kind of KYC would be useful to determine the ownership of sub-accounts, especially unwanted mailings, plagiarism or other accounts that are used to snoop on criminal activity.

In my mind it would be useful to limit the main account to things such as witness voting (even if the bet is weighted), attending a meeting, and even wetting itself. This can help users encourage dozens of sub accounts for difficult reasons.

IMG

The likelihood of it will probably take a catastrophe to change the policy and the code that will apply it.


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