TRACETO.IO

  KYC-  Know Your Costumer is a policy in which financial organizations request  and verify the client’s personal data before interacting with it. In  the ordinary life, such a policy meets very often, practically in all  financial institutions, and with the development of Internet  technologies, it is increasingly observed with online registrations.

 At  the same time, the area of the crypto-currency economy is moving ahead  in development by leaps and bounds. The countries of the world can no  longer ignore it, as its capitalization is growing every year.  Governments are already beginning to work in this industry and are  trying to take it under control in order to protect their citizens and  control financial flows. Financial organizations that first came under  control are the crypto-exchange markets. More and more stock exchanges  require compliance with the “Know Your Customer” policy. Japan, which is  the most progressive country with respect to crypto-currency, gives  licenses for the work of crypto-exchange exchanges. And to trade on  these legal platforms without passing the procedure KYC is impossible.

 The  cost of verifying data for companies varies widely. This procedure  requires the participation of a person and time. For example, from my  own experience, I would say that I tried to do the identity verification  procedure on the Kraken exchange, where the exchange issued a message  that it would take 2 weeks. Naturally, this option did not suit me, and  the exchange lost a potential client. User convenience is the key to  profit and now there is no convenient, universal and fast tool for  checking identity. Companies lose thousands of customers every day,  which could bring million income.

 The introduction of KYC principles  on all leading crypto-exchange exchanges is a matter of time. Now, even  on new token-calls, you are increasingly being asked to undergo the  procedure “Know your customer” and this is just the beginning. In the  future, this will require almost all projects related to finance.Now that we have seen the importance of KYC, I will introduce the ico  TRACETO.IO :

Traceto.io  is a decentralized network of “Know Your Customer” (KYC), which  provides a comprehensive solution for KYC for crypto and block  companies, fusing Smart Contract and Artificial Intelligence  technologies. Based on more than 50 years of experience in Compliance  and RegTech, the vision of traceto.io is to bridge the gap between the  real and virtual processes of KYC in the world.

hardcap: 35000ETH
price: 0.0000875 ETH per T2T

 How  will this make life easier for ICO participants? Those who participate  in many ICO projects, not firsthand know what KYC is and very often they  face it, and after all the documents are checked by ordinary people and  verification can be delayed for several days and even weeks. 

Traceto  wants to automate this process with the help of resources big data,  identify users and enter all the necessary information in the block.And  now imagine, if you implement this project in various areas of life,  where verification of customers, for example, banks, is required. There  is a huge potential that this startup conceals in itself.
 One of the  big pluses is a team that consists of real professionals with an  impressive experience in verification, you can read it on the site.

 I will definitely participate in this project, and it will undoubtedly be one of the most successful this year.

 Telegram: https://t.me/tracetoio
 Website: https://traceto.io/
 Twitter: https://twitter.com/tracetoio
 LinkedIn: https://linkedin.com/company/traceto-io-pte-ltd/
 Whitepaper: https://traceto.io/static/wp/traceto_Whitepaper_v1_33_26042018.pdf