# As we know


![head.jpg](https://steemitimages.com/DQmWwQ8Uii3qmC2fZr4WRExCj64WpgUtbd2F5agkYacwnzH/head.jpg)

For all investors of the crypto currency market and ICO, it is necessary to conduct KYC procedures. KYC is a personal confirmation of the investor. This procedure establishes all the necessary data of a potential investor - passport data, place of residence, occupation and, sometimes, the status of bank accounts. 



# Problem

At the moment, the KYC procedure is conducted by people, without the use of automated systems. There are no clear criteria, time for conducting the audit is not regulated. Confirmation for the investor can take a very long time. Also, the personal data of the investor can get to the scammers.

![0_bRBTERGds0syMrFj.jpg](https://steemitimages.com/DQmRQ2iWcroTTSNHy5t9RG6gCCcBiL5FpzLKcMcLiYZ34Mh/0_bRBTERGds0syMrFj.jpg)
# Solution

The Traceto platform will be able to quickly and absolutely transparently verify and identification of the investor. In automatical form. This platform is created on a decentralized basis. The essence of Traceto's idea is to carry out confirmation with the help of artificial intelligence, completely eliminating the human factor from the processing and decision-making processes. Agree, this will be an effective, fast and, most importantly, a safe way to solve the problems of KYC procedures.

The Traceto platform is very necessary for the modern crypto-currency world. Decision-making man by KYC procedure - does not correspond to modern challenges of mobility, openness, honesty, objectivity, high technologies of the crypto-currency market.

# Applications


The Traceto platform is based on several decentralized applications that provide the most effective complex of services in procedures KYC -

User DApp — this is the working interface of the Traceto system. Access to the working interface of the program consists in downloading a special form, passing the test and uploading the video.

Service Provider DApp - will allow the investor to carry out the KYC procedure, and also to update reputation points. Given that the Traceto platform is a classic blockchain, all reputation points are encrypted in the chain. This service will be administered by Cynopsis Solutions.

Corporate Requestor DApp is an internal payment system, incl. internal token.
 
Community DApp - will allow the participants of the platform to confirm new participants in the crypto-currency world, check, work with requests, review user documentation, exchange opinions and give opinions.

# Project Links:
Website: https://traceto.io/
Whitepaper: https://traceto.io/static/wp/traceto_io_whitepaper_0902_v1_26.pdf
Telegram: https://t.me/tracetoio
Twitter: https://twitter.com/tracetoio
Facebook: https://www.facebook.com/traceto.io
Medium: https://medium.com/traceto-io
Linkedin: https://www.linkedin.com/company/traceto-io-pte-ltd/
ANN: https://bitcointalk.org/index.php?topic=2911588.0

# Author:
prankbox - https://bitcointalk.org/index.php?action=profile;u=1357659