The Know your Customer (KYC) process integrates a set of steps and standards which aims to protect financial institutions against potential fraud. Today, cryptocurrency exchanges implement the KYC to promote a safe and secure platform for crypto transactions.
Owen
I write about Bitcoin and cryptos, the latest news on AI and tech, and follow the latest trends in online gambling, including provably fair games. Educator by profession, with a passion for writing.
Play-to-earn crypto games are currently revolutionizing the gaming industry. These games boast digital assets and non-fungible tokens or NFTs that players can own, trade, or sell in marketplaces.
While Bitcoin is a trailblazer and the original cryptocurrency, there are thousands of other cryptocurrencies in the market with varying use cases. These cryptos are categorized as payment cryptos, infrastructure cryptos, financial cryptos, service cryptos, and media and entertainment cryptos.
Staking offers traders and investors a chance to earn passive income with their assets. Only tokens on the proof-of-stake platforms can be used for staking, with Ethereum, Solana, and Cardano as the most popular.
Generative AI is changing the way we work and play. As the technology improves, several new chatbots are introduced in the market such as ChatGPT, Google Gemini, Claude, Microsoft Copilot, and Llama 2.