Why does staying compliant always mean giving up privacy?



You know the drill. Same documents uploaded daily. KYC forms on repeat. Handing over sensitive data to platforms you barely know.

There's a better way now.

Verify your identity once. Meet compliance requirements everywhere. Your data stays encrypted. You hold the keys.

No more endless loops. No more trust issues. Just control where it belongs—with you.

Decentralized identity protocols are flipping the script on how verification works in crypto.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
LiquidationWizardvip
· 9h ago
Here we go again? Sounds nice, but even if I hold the keys, I still have to trust your protocol... --- I'm also annoyed by filling out KYC repeatedly, but can decentralized identity really solve the problem? --- Sounds good, but I'm afraid it's just old wine in a new bottle. --- One verification for multiple platforms? That's what I want—no more repeated submissions every time. --- I've heard too many privacy promises from the crypto industry. I'll wait and see. --- Self-custody of keys sounds great, but will it be more troublesome in practice?
View OriginalReply0
SquidTeachervip
· 9h ago
This logic sounds good, but how many can actually be implemented? I've been hearing about solving KYC in one go for years now, but the key issue is: who guarantees that it's really verified only once?
View OriginalReply0
TxFailedvip
· 9h ago
ngl this "one-time verification" pitch hits different when you've already lost count of how many times you've been "verified"... learned this the hard way with three different platforms. protocol quirk or just classic mistake? either way, keeping my keys close and my kyc forms closer.
Reply0
MysteriousZhangvip
· 9h ago
Damn, this is how it should be. KYC back and forth is really a pain. --- Decentralized identity? Sounds nice, but whether it's trustworthy still remains to be seen. --- Finally, someone said it. It's so annoying to have to re-upload all that stuff every time. --- I like the idea of holding my own keys, but it depends on whether it's actually usable. --- Hey, if this really takes off, it would be revolutionary, but Web3 makes too many promises. --- One verification for all platforms? Sounds a bit too idealistic. --- Do we really have to choose between compliance and privacy? That's a great question. --- Feels like another case of a solution looking for a problem, but the thinking is on the right track.
View OriginalReply0
MoneyBurnervip
· 9h ago
Damn, someone finally said it. The KYC process is truly a nightmare—submitting documents over and over, and always worrying that your data will be sold off.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)