The future of KYS with the new Traceto platform

The future of KYS with the new Traceto platform

If you are reading this, then follow the news of the cryptomir and the ICO that are being conducted. We all know that when conducting an ICO, there is a system like KYS (Know Your Customer), which means Knowing Your Customer. To get acquainted with the platform, which we will consider today, we need to fully understand what kind of process it is. KYS (Know Your Customer) is the identification of a customer before any transactions are made. This is done in order to avoid fraud, money laundering, terrorist financing and other transactions outside the law. As a rule, now this process takes quite a lot of time and effort. It happens that because of the complicated process of KYS, some clients simply refuse to participate. Traceto is a platform that offers to take the KYS to itself and simplify this process for those who provide services and those who want to receive them. Let's find out how the platform works and why we should follow the development of the project.

• What is Traceto

• What problems does the platform solve?

• Advantages of Traceto

• What is Traceto

• ICO

• Conclusion

What is Traceto?

Traceto is a decentralized platform that offers its solution for improving the process of KYS, using smart contracts and artificial intelligence.

What problems does the platform solve?

To find employees who understand the conduct of KYS, it will take a lot of time, and to pay for their work, money is needed. Traceto manages to solve this problem by reducing the number of required employees. All checks will be performed using artificial intelligence and block chain capabilities, and the remaining work will be performed by employees. Agree that the human resources and funds in this case will be less. The speed will increase too, because we all understand that when a person checks a user, the human factor plays a role, which takes time.

In addition, the platform offers a unified structure for conducting KYS, as it used to do everything as it seems to them better. The structure will provide answers to four basic questions: Who are you? Here you need to provide a document identifying your identity, passport, driver's license, etc. Who are not you? And then you need to prove that you are not an authorized person, a terrorist or some other indecent person. Everything should be within the law. What did you do? In the search for an answer to this question, all your actions, transactions and even the media are monitored, whether there are any interesting stories about you that would ruin your reputation. Are you still someone you introduced earlier? It is clear that after a while your account could get in unreliable hands or you could step on the wrong path, contact the wrong company, so to speak. In general, the database requires updates. After a while, the system will again check your transactions, identity and so on.

Advantages of Traceto

Briefly summarizing what was written above, we get a number of the following advantages:

The automation of the KYS process, and hence the rejection of most of the human resources. It turns out that you are giving this process to outsourcing, which in turn reduces the cost of paying employees, which you would have to search for a long time, and then pay a lot. And at a time when the level of terrorism is growing, and scammers are waiting for you at every step, you need a strong defense, which Traceto will also be able to provide. For those who pass KYS there are advantages: the process of passing will now take much less time.

ICO

Start: May 21

Finish: May 31

Ticker: T2T

Standard: ERC20

Cost: 1 T2T = 0.0606 USD (0.00009 ETH)

Hard cap: 24,200,000 USD (35,000 ETH)

Total tokens: 1,000,000,000

Available for sale: 40%

Pre-sale: February 9, 2018 - May 21, 2018

Start of public sale: May 21

Finish: May 31

T2T are tokens of the Traceto platform that will be used to pay for additional platform services, for example, if you want more detailed analysis or additional data. It will also be possible to conduct transactions, and there will also be bonuses in the form of tokens for motivation.

Conclusion

The Traceto platform has chosen an interesting and popular niche for work today. Thanks to this platform, the user can feel more secure, because the percentage of entry into the ecosystem, for example, is much cheaters will decrease. Traceto actively attracts the attention of investors and users, so do not miss the chance, a little time. And for the news of the project you can follow in social networks, which are actively conducted.