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This is a proof of engagement platform where everyone has equel chance to earn CRYPTOCURRENCY 1UP.
Team Uptrend has decided strongly to get rid of Spammers and Fraudulents by implementing the technique of User Identification Program;I think a best decision to find and curb such bad actors,who are spoiling this network.The process of this Due diligence might be acquired soon.<br>
A knowledgeable community is already present onto Uptrend,but there are some Noobs who are new to Crypto space and don't know the whole process of K-Y-C/Due Diligence.I am not a Cryptanalysist,however I shall try my best to sum-up this process in following simple description;
WHAT IS K-Y-C (KNOW-YOUR-CUSTOMER)/DUE DILIGENCE OR CUSTOMER IDENTIFICATION PROGRAM ?
A process of verifying the identity of a user or client;refers to detailed and unauthenticated information required by financial institutions and Others before conducting business/terms is called KYC.
PARAMETERS FOR KYC/CIP:
It looks at one's;
♻location(Proof of address).
♻Right to authorize.
Full name,DOB or your contact no may be mandatory.
WHY KYC ?
➿Placed for effective customer/user assessment profiling.
➿ Is the user genuine ?
➿Is the customer a willful player in spamming the platform ?