KYC

59 Articles 3 Followers


Crypto has Already Overtaken Traditional Banking. So What?

14 Jun 2022 3 minute read 0 comments VVoytila

While the title of this post is obviously not true when it comes to things like TVL (Total Value Locked) or the rate of adoption, in some very significant ways, widely understood crypto has overtaken 'traditional' (or rather established) banking. I w...

DeFi evolution: from inception to the new era of Web3 NFT ID with Hashbon Pass

12 Jun 2022 4 minute read 0 comments Hashbon_FiRe

DeFi evolution Sometimes several things become so ordinary for us that we can’t imagine our life without them. These things surround us every day, but we forget how they were created. DeFi is constantly growing, more and more new directions and produ...

MimbleWimble Makes Litecoin Transactions Private Forcing South Korean Exchanges To DELIST It...

9 Jun 2022 1 minute read 8 comments CodyMac50

The long awaited upgrade of the Litecoin Blockchain has come, and with it several Exchanges in South Korea have delisted it saying that the MimbleWimble upgrade goes against their governments regulations on reporting financial transactions. I have al...

Why Do KYC, When There Are Platforms That Don't Require It...

27 May 2022 1 minute read 3 comments CodyMac50

I know I don't have a huge following but for those who do follow me, you know how I feel about KYC. But, I kinda want to beat this dead mule, because I see more and more platforms asking users to do KYC. The moment you ask someone to identify themsel...

Own Bitcoin or Be Owned by an Unfair Monetary and Financial System.

12 Apr 2022 3 minute read 3 comments ssaurel

Created de facto by Richard Nixon on August 15, 1971, when he ended (temporarily) the convertibility of the US dollar into gold, the current monetary and financial system is unfair. It is a flawed system that turned 50 years old in the summer of 2021...

AUDIUS enrols rewards but I am concerned

23 Feb 2022 1 minute read 0 comments Aldeneer

As you may know, AUDIUS has announced a reward system that will reward users with AUDIO tokens by doing simple tasks on the website. I was a happy user who received the airdrop before so I thought thats a great idea, but when I tried to claim my firs...

The Digital ID Version of Crypto: What Does It Look Like

15 Feb 2022 6 minute read 4 comments BitcoinGordon

I recently did an internal report for a small research group regarding the House Committee regarding the President's Working Group on Stablecoins and the Future of Finance. Obviously, it was very recent, since they only had the meeting last week- heh...

XDC #108 & Why It's A Big Deal

18 Jan 2022 3 minute read 1 comment LukeWaiks

I could have called this : XDC and the Mother Tongue of Global Finance or the First World Crypto for Good or Ill. A friend of mine is a terribly wonky and straight-laced IT-type for the Government. The Big Government. He enjoys regulatory compliance...

Top 5 Smart Contract Auditing Companies

11 Jan 2022 4 minute read 1 comment Crypto Adventure

Deploying a smart contract on the blockchain without auditing can quickly spell "suicide" for most projects. Nowadays, hackers are constantly looking for potential code errors and vulnerabilities. Furthermore, most users have the necessary experience...

Why I HATE KYC, (#2) And Why You Should Too...

19 Nov 2021 2 minute read 2 comments CodyMac50

I want to be clear about KYC. Everyone already knows that to open a bank account, you need to provide proof of identity. we have been doing this for as long as the banking system has been around. But crypto is not that old, corrupt, elite system.In a...