COINBASE Received a Patent for Automated KYC services.

COINBASE Received a Patent for Automated KYC services.

By alberdioni8406 | S.O.S | 2 Dec 2019


Security On Exchanges are the most important measures to be taken in order to protect the Platform from Hacking and unfair behaviour from users that try to play the system.

Coinbase Exchange is focused in Security and secured a Patent for Automated KYC services.

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The Automated KYC  service will protect the Exchange from Users with criminal Behaviour and it's detects automatically any abnormal comportment from the account.

Exchanges are Facing a new phase of Hacking in big scale and to avoid those intents the Platforms are Investing in new Security measures that will allow them to protect more the environment in the Exchanges and protect the customers funds.

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The Crypto Market is a huge Financial Service that moves Billions Worth In Cryptocurrency and that also invites persons with obscure Agenda Trying to steal Peoples Money and it's necessary to Combat them as the Market Grows up.

Let's hope this new KYC service actually helps combat that and avoid more Exchange losses!

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alberdioni8406
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