Exploring Know Your Customer Process
Know Your Customer, or KYC is a mechanism for checking and verifying the identity of customers. It is conducted as part of the process of preventing fraudulent activities and financial misconduct. It dynamically contends illegal action by obtaining and confirming customer data. The device advances trust in the system and assist financial institutions in controlling […]
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Community Governance Explained
Community Governance is amongst the many innovations that came out of the Blockchain evolution. It brings decentralization home delivering a reliably democratic system to those in the ecosystem. Centralized governance is gradually giving way to decentralized entities around the world due to its failing nature. Power is concentrated in the hands of those at the top. […]
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Understanding Staking To Your Advantage
Cryptocurrency is evolving with all sorts of unique mechanisms offering impressive and sustainable financial services unprecedented in human history. Staking is one such tool in the Cryptosphere that you must better understand and utilize. Like many things in Crypto, Staking can be a complex or straightforward purport according to the knowledge you want to comprehend. Basically, Staking […]
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Understanding Automated Market Making
Automated Market Making (AMM), as a subset of Decentralized Exchange (DEX), is one of the most meaningful evolutions nourishing the Digital Asset market and financial sovereignty. Centralized Exchange (CEX) sucks and an affront to the cardinal principles of Cryptocurrency and its underlying technology of Blockchain. Further, Cryptocurrency frown upon third-party involvement in every transaction, thus […]
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