HajarDec 28, 2021 · 3 years ago8 answers What are the challenges of implementing decentralized KYC in the blockchain ecosystem?
What are the main obstacles and difficulties faced when trying to implement a decentralized KYC (Know Your Customer) system in the blockchain ecosystem? How does the decentralized nature of blockchain technology affect the implementation of KYC processes? What are the potential risks and limitations of decentralized KYC in terms of privacy, security, and regulatory compliance?