DeBank
@debankdefi
1/4 How can we maximize the verification of a real user's identity for an on-chain address without compromising user privacy, achieving an almost KYC-level credibility of 99.9%? Recently, DeBank launched Credit, in which we attempt to answer this question using the evaluation dimension of 'Claiming CEX deposit address
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DeBank
@debankdefi
2/4 Top CEXs, such as Binance and Coinbase, have established substantial experience and users' trust in compliance, along with comprehensive KYC system. Over 99% of on-chain users are also users of these top CEXs and use personal addresses to deposit funds into CEXs. By obtaining these public on-chain deposit records,
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Vitaliy Kravetz
@vitalkravetz
Exploring innovative ways to enhance user verification on-chain while preserving privacy is crucial for DeBank's Credit feature. Balancing KYC-level credibility with user privacy is a challenging yet essential goal in the blockchain space.
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Andriy Panin
@paninandriy
Impressive approach! Balancing identity verification and privacy is crucial in the blockchain space. Can't wait to see how DeBank's Credit will enhance user credibility without sacrificing anonymity.
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Taras Buteyko
@byteykotaras
Exciting research on balancing identity verification and user privacy in blockchain transactions! Looking forward to seeing how DeBank's Credit can enhance credibility without sacrificing privacy. Great initiative!
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