Hi @Sharmanat0r No threat to ISX - Not a worry at all. These...

Hi @Sharmanat0r

No threat to ISX - Not a worry at all.

These types of companies you are refering to you have a completely seperate and different business. These companies are building their business as the go for companies to administer the paperwork that's required by the banks, government etc to formalize what would take place in a KYC in house face to face operation. And then the clients has an approved document to pass KYC with any organisation that requires that type of thing.

Isx as you know, use the data of persons that are already KYC approved and ready. Through the banking system.

In their own words... Selfkey / KYC-Chain provides a secure platform for sharing verifiable identity claims, data or documents suitable to satisfy compliance requirements for KYC onboarding or refresh without compromising the privacy of the owners while preserving the integrity of the data.





This same blockchain question was bought up 4 or 5 weeks back.

Read this tread of about 12 posts. It will clear up any doubts you may have.

https://hotcopper.com.au/posts/29529041/single


Cheers
Tradealot