Pi Moderator Updates Users on KYC

Mass KYC For Users

A Pi Network moderator has urged Pioneers to remain patient with the team’s progress in the industry, particularly with the Know-Your-Customer (KYC) solution.

The mobile mining platform introduced KYC to verify the identity of users in the crypto space. While the feature is live, many users have found it challenging to submit their KYC documentation. In the wake of the difficulties users face, including questions regarding the feature, a Pi Moderator updated users on Twitter, urging users to be patient with the team.

While the KYC solution is being released in small batches, the team member stated that Pi Network would launch KYC to the masses shortly. According to the tweet, the small batches are for the protocol to test for improvements in the solution. Once the improvements are made, Pioneers can submit their KYC documentation in the Pi Browser application.

KYC is vital to sustaining Pi Network’s large ecosystem. The protocol’s founder, Dr. Nicolas Kokkalis, magnified the importance in his recent blog about KYC in the Artificial Intelligence (AI) world. The recent update and Kokkalis’ interest in KYC indicate that Pioneers will utilize the feature shortly.

What is Pi Network:

Pi Network is a novel cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining the device’s battery. Pi’s blockchain secures economic transactions via a mobile meritocracy system and a full Web 3.0 experience where community developers can build decentralized applications (dApps) for millions of users.

Where to find Pi Network:

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