Reviews of ICO Traceto

Mei 12, 2018

Know Your Customers - KYC

If you are involved in cryptocurrency you may have heard the word KYC and even affected or got involved with it. Perhaps your favorite crypto exchange that you have been using for years suddenly disables your tethering until you verify your identity. Or if you are an ICO investor, many require a limited KYC. If you live in a particular country, you must be an "Accredited Investor" before you can invest.

This is due to an increase in the rules adopted in the cryptocurrency market which, many agree, is necessary for the market to continue to grow into a worldly adoption.

KYC is rapidly becoming the approach to identity and regulatory verification as it helps protect against terrorism financing, money laundering and other illegal purposes.
The problem is the current system is immature and difficult to implement into cryptocurrency and related projects :

Projects lack the resources and funding to create a safe and effective KYC process
The current mindset is that anonymous funding creates a low priority rule
Related costs may prevent the project from compliance

It is known that physical fiat banks spend billions each year on the KYC process and this trend is only expected to be accelerated as the world becomes more connected. Where-like Blockchains offer the potential to dramatically reduce costs along with increased privacy of personal data and security to users. The need for a decentralized system for regulation and compliance is becoming increasingly necessary and Tracetio recognizes the potential for developing such a system.

Traceto.io will revolutionize the KYC system and compliance

Supported by an established technology regulatory company, Traceto.io will have development staff with decades of experience in regulation, compliance, technology and finance to create a revolutionary KYC virtual platform.

Initially, the company's focus will be on blockchain compliance for businesses either currently on the market or entering through Initial Coin Offerings (ICO's) because this area currently presents the greatest opportunity to provide catered solutions and grow the company.

After Traceto.io has built successful networks and partnerships, the company will branch out to other areas that require solutions such as verification of employees and suppliers with the potential for future entry into credit reporting and product conformity recommendations.

Traceto.io Focus KYC

The future is bright with Traceto.io

https://traceto.io/

Token Sales Information

Initial access and private sales are being hosted on the GBX network

personal sales live (minimum applicable)
Access begins May 21st

Public sale begins on June 8th

0.5 minutes Et.

For those who qualify for ICO investments and are interested in Initial Access - You can register on the GBX platform at https://platform.gbx.gi/register.

Check out the website or visit some additional links listed below for more investor information.