Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Gastonic on November 16, 2018, 06:12:39 AM
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Video call for kyc verification?? Is it possible? Do you think it is the best way , rather than uploading your documents for kyc verification process? Most bounty campaigns and ICOs nowadays required a kyc.
If video call for Kyc verification is possible, what is the best and secure app to you use for video call
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Very interesting. The first time I hear that KYC take on video. I think it would be much safer than sending your documents.
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It's good but if this will going to be a KYC I think most of the project will not going to use it because it will going to take a lot of time on their KYC system unlike uploading documents they can check it more easier than talking to video.
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Kyc is a rule in the bounty and I think by following Kyc we will also get paid. as a bounty hunter or investor, of course we must collect our personal data for cyc. but for video calls, I don't think it will be effective.
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great idea, if the ICOs use this, they can prevent cheater. i think now many project, many people use more tool to cheat to earn more token, if they can use video to KYC we can have real user to register the project.
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Yea, it will be interesting for some and may not for others due to wasting of time. Video kyc might not be compatible with other devices in developing countries. Therefore might bring a setback to developing countries
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I never heard this before but sounds interesting, I guess if there's a video call kyc it takes more time than the document you sent to them but much safer for me too cause less information they got.
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This is of course a good offer, for KYC through the video application, I would use Skype for example, because it is the most popular program where there is access to the video camera.
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Great ideas but it is not possible to identify real customers because some problems of networking, enough technology, and it is time consuming system.
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I have never experienced anything like that. KYC by using a video call even if there would be I would consider following it. All depends on the results of the bounty we get. If it's just a little better left and look for another bounty.
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KYC through Video Call will be too complicated. I think it is not effective for KYC verification. Uploading data is more than enough, you just spend a little time to do the process. I think no need a new way for KYC verification.
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That is impossible because as I know, the Bank also needs KYC if we make a large number of money transfer transactions to various countries, according to the regulations of each bank there is a money transfer limit that requires KYC verification but does not require video calls, if Crypto investors make video call for the KYC process, I think this is a good idea.
but it is very risky, because many ICO scams are happening now
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I think this is a stupid idea. Many investors and bounty hunters use mobile phones in their operations in cryptocurrency, many will not have the technical ability to pass KYC checks using a video call for various reasons, or simply refuse to do so. Therefore, if the ICO team introduces video calls as KYC, I do not think that it will collect a lot of money and this idea will disappear by itself.
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Video call for kyc verification?? Is it possible? Do you think it is the best way , rather than uploading your documents for kyc verification process? Most bounty campaigns and ICOs nowadays required a kyc.
If video call for Kyc verification is possible, what is the best and secure app to you use for video call
It seem like a good idea but I don't most project will buy it because of the stress its gonna cause to both their staffs and their kyc system during verification.
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KYC I think most of the project will not going to use it because it will going to take a lot of time on their KYC system unlike uploading documents they can check it more easier than talking to video.
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I have seen this method in several projects, it is really convenient but not for everyone, because some people just do not have a video camera
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I don't support the idea to process KYC verification with video call. Although it is not impossible to apply, but it is not a simple way for verification. Not all people can do it, so it just makes people harder to do KYC verification.
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I have every heard about KYC process by video call verification or taking picture directly when sending the KYC document. This is so private I think. If we don't get the exact big reward, I don't think to fulfill this requirement.
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Video call for kyc verification?? Is it possible? Do you think it is the best way , rather than uploading your documents for kyc verification process? Most bounty campaigns and ICOs nowadays required a kyc.
If video call for Kyc verification is possible, what is the best and secure app to you use for video call
No I am not agree abou that. Video call for KYC verifications. I think KYC only ID, Paspot etc, not video call.
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I think the video call for KYC verification will not work because it clearly requires large fees and this participant is not only in one country. And what applications should be used, of course, this will also be a long consideration. But I also give appreciation because it includes a good idea.
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Video call is more complicated than just submitting your information with clear image.
For me video call is more expensive than the normal process.
Anyway, it is interesting idea.
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I don't think it is the best way but it can be the worst way of KYC process. This video can be used in illegal purposes. So stay away of video KYC before facing any problem.
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It is very possible. I ever did it but it is for exchange KYC procedure. If it is applied for bounty participants, it is too complicated. There are too many participants that a team project needs to serve for KYC procedure. For me, it is not suitable to be applied on bounties.
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the idea is pretty good, I think it's better for VC KYC than sending documents, but what is how many days for manger to verify every mamber, very ineffective I think
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I went through such a KYC, and I liked the fact that you do not need to upload your documents anywhere and everything happens quickly and you don’t need to re-send your photos if the quality is bad!
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I agree if you use videos for Kyc. our data doesn't need to be given. and for applications, it's better to use WhatsApp or Skype.
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maybe that's the best way to avoid fraud. by using a video call, there is nothing to be afraid of. just accept the video call and answer. no need to wait for our kyc to be accepted or not.
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I've heard that some of the projects are doing this. But I don't think it looks secure. Actually, I don't think KYC looks secure at first. Let's wait and see what will SEC do about this.
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I'm sure that this type of identification is complete nonsense. I think a selfie with the documents is enough to identify bounty hunter or the investor.
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I'm sure that this type of identification is complete nonsense. I think a selfie with the documents is enough to identify bounty hunter or the investor.
Indeed. Why we must make complicated KYC procedure. Selfie KYC is only for exchange members or investors. It is no need for the bounty program. I just feel this kind of KYC is highly possible to misuse by the team members or bounty managers. You know, there are many cases of selling documents currently.
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The one advantage I can see from video based KYC is that the copy of the documents are less likely to be sold without the selfie included, if the selfie is instead included in the video. Although I guess this could be a screenshot also. It seems unrealistic that ICOs/bounties would use video call as it's too time consuming and therefore as another member said it's not convenient, but I know this form of KYC is used for private sales and the like.
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I don't agree with that. Too complicated. It's better to use photos of yourself. And in my opinion, the Bounty Team or Bounty Manager will find it difficult to call one by one of the bounty participants. And that will take a lot of time.
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I still don't believe it, why we must do KYC process with "video call". I think it doesn't make sense, especially for bounty hunters. I rarely see a bounty procedure like what OP stated above. It is not efficient and should be avoided by many people.
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Video call for kyc verification?? Is it possible? Do you think it is the best way , rather than uploading your documents for kyc verification process? Most bounty campaigns and ICOs nowadays required a kyc.
If video call for Kyc verification is possible, what is the best and secure app to you use for video call
I dont believe about that, video call for KYC verification. Because I see too many ICOs are scam now. It is ot secure.
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Video call for kyc verification?? Is it possible? Do you think it is the best way , rather than uploading your documents for kyc verification process? Most bounty campaigns and ICOs nowadays required a kyc.
If video call for Kyc verification is possible, what is the best and secure app to you use for video call
Probably Skype. But why do such video kyc? If there is like this, then no need to send vital info as it is very conservative on the part of the bounty hunters. Maybe if the reward of the participant is too high maybe they can impose this since he will receive huge amount.
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I agree this is done. To reduce cheating in gifts. No need for many participants in the spreadsheet. And our income doesn't decrease much.
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Yes it's possible and I think that's the best kyc verification process at the moment due to the fact that people abuse the normal kyc process being used. I have read about how many submitts fake document for kycs
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Now ICO projects barely survive. Many bounty hunters have so far abandoned this type of activity, since it has ceased to be practically profitable. Investor activity is also extremely low. Therefore, if the ICO team wants to remain without investment and without advertising their project, let them experiment and introduce more video clips during the KYC audit. I think that this will be a deliberately failed project.
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Now ICO projects barely survive. Many bounty hunters have so far abandoned this type of activity, since it has ceased to be practically profitable. Investor activity is also extremely low. Therefore, if the ICO team wants to remain without investment and without advertising their project, let them experiment and introduce more video clips during the KYC audit. I think that this will be a deliberately failed project.
I agree with your opinion. Now, in any case, this is not the time for such experiments in ICO projects. I am sure that if the ICO team enters a video call for their KYC, it simply will not collect the necessary funds. Many will not only be afraid to do this, but will not have the technical ability to do this. In addition, how will the language barrier be removed? No, it is quite difficult and has no practical meaning.
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Very good idea but sometimes it is not a good way to identify scams and fake ico. I think habit would be changed.
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Very good idea but sometimes it is not a good way to identify scams and fake ico. I think habit would be changed.
I agree, it sometimes doesn't good if the project turns to scam. Video KYC potentially harms investors and bounty hunters if their data are sent to scam projects. I have already read some cases about selling KYC data of ICO participants.
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Why not? I ever did it to fulfill the KYC process after submitting my document. yeah, this is one of the processes that is very hard to do. However, because the result or reward is big enough, I made it, why not? As long as it is trusted, worthy, and also safe, video call for KYC doesn't matter for me.
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Why not? I ever did it to fulfill the KYC process after submitting my document. yeah, this is one of the processes that is very hard to do. However, because the result or reward is big enough, I made it, why not? As long as it is trusted, worthy, and also safe, video call for KYC doesn't matter for me.
It is unlikely for a ICO video call project to pass a KYC check is a good idea. Video call even technically not everyone can make. Now many ICO teams are refusing to carry out KYC checks only in order to attract both investors and bounty hunters. If they enter a video call, I think that such a project will not have the chance to collect even the minimum amount of funds. In any case, I do not intend to participate in the campaigns of the ICO bounty, if there will be a video call for KYC verification.
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It's also good to do this because you can see who is behind it.
Maybe the application that supports that Google Pixel and Google Hang Out.
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That is possible because it can reduce fraud and forgery of identity in following gifts rather than ordinary KYC procedures. But for implementation that takes a long time and how the community responds to that.
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Especially for our forum, I think it is no need for Video call KYC or other kinds of KYC. We have already had KYC badge for people that deserve to join it. If someone doesn't want to do that, he should not have the badge. And for the bounty teams, they must believe in forum staff since it is already appointed.
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Bounty shouldn't apply Video call KYC. It is too much for me. If the bounty manager needs to identify participants in order to remove fraudsters, he only needs the document of the participant's ID. It is more than enough, video call just wastes time and efforts.
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Very good idea but sometimes it is very difficult to fresher who don't know good amount of English. So video Kyc is not a good way to identify customers.
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This is a verification system that has a high level of difficulty to be manipulated. Because we have to make a video directly to verify KYC. So that the potential for fraud can be suppressed.
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I will only accept this kind of kyc verifications if the projects that will going to ask it is really legit and I will going to get some good things from there because video verifications is really like an interview that like a very high security on checking which people are they going to work with.
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I dont think so. I know about some ways to fraud this.
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I have seen KYC telegram in 2018 and I can upload documents that belong to me without needing a long time, KYC is very good for investors and everyone when they want a quick process in filling out KYC forms
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Video call KYC is too difficult to do by bounty hunters. Why the bounty manager should do the complicated process. I think there are many other ways that can be applied to identify the data of participants. Submit the data of ID is more than enough.
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i used for my exchange account verification. it was wonderful. i couldn't believe it. impressive. whatapp was the mode of communication. from nigeria to singapore. quite impressive. i will say it is recommendable.
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I will never do KYC verification with video call for bounties. I dislike this way because I think it is strange. Why I must follow the way that looks like no need to do in a bounty. FYI, I never saw a bounty with video call KYC till now.
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Video call KYC is too difficult to do by bounty hunters. Why the bounty manager should do the complicated process. I think there are many other ways that can be applied to identify the data of participants. Submit the data of ID is more than enough.
What's hard on doing a video call? If this video KYC is live then much better, I dont think its hard, unless youre shy type not to talk on the camera. It just doing some skype with youre girlfriend. For me I approved it to avoid cheaters, IDs can be cracked and stole so this one the only one will be available is you and this is the final confirmation of the ID since we can see if that person is you in your submitted documents.
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Yea I think that's the best kyc process ever since many have choose to be tricky in everything, making everyone believe that their kyc are being sold out. Let's see how they cheat now
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Video call for KYC verification is sounding very good and interesting. I never thought about this before. I like to use Skype for verification.
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It would be a great idea if video call is sufficient for KYC to avoid the scammers from a project because sometime scammer got reward instead of a genuine person. If its possible Google Duo app can be used or it can be decided by the dev.
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I think video call for KYC may be faster than document upload and verification exercise that takes more than one week or more by some projects to accomplish. A straight video call for KYC will reduce time and fasten registration.
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Very interesting topic.. I support video verification instead of passport and id card verification. Only real people can apply by video conference.
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to do KYC with video calls I don't think it's good, because we know that not everyone can be fluent in other languages.
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Video call for kyc verification?? Is it possible? Do you think it is the best way , rather than uploading your documents for kyc verification process? Most bounty campaigns and ICOs nowadays required a kyc.
If video call for Kyc verification is possible, what is the best and secure app to you use for video call
I really love this idea, This should be implemented on the team who come to bitcointalk and this forum to host ICOs the scam bounties is getting too much. But I think Skype will be good to use in this case.
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I heard about the video call for KYC verification, but I never came across this myself. I think it would be a good opportunity to solve the existing problems of the KYC procedure, but it has difficulties for mass use.
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Very interesting topic.. I support video verification instead of passport and id card verification. Only real people can apply by video conference.
Lol. Have you read most of the people here disagree with video call for KYC verification. I am surprised that you agree with that procedure. I think for bounty hunting, video call verification looks a bit strange. Why not just to submit ID data, it is enough, right?
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Is that true? So far, I never find this kind of KYC by doing the video call verification. I think that it will be very strict to deceive the developer team. However, is the reward worthy? Think also about it.