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RE: AriseBank is Aiming to Decentralize Banking - With Help from Bitshares

in #bitshares • 7 years ago

From what I read and so far understand, once you complete verification through AriseID you will not have to reverify across the other Arise services that require a sign up.

The whitepaper discusses this process as one where you make the request to be verified (presumably on mobile) and the relevant KYC/AML info is communicated directly to the entity performing the check.

I'll be on the lookout for clarification about this process as more information becomes available.

Thanks for your comment, not offensive at all :) Merry Christmas

7 years ago in #bitshares by
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     7 years ago  

    Oh, thank you for clearing that up. You might want to edit that into the post, you explained it well in your comment.

    You got a new follower, I'll defenitely keep Arise on my radar, just not a fan of big ICOs, they always seem to dump when they go live on exchanges, so I prefer to buy there(altough that makes me a trader, not a real contributor).

    Keep up the good work!

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     7 years ago  

    Thanks for the suggestion about editing that into the post and I'm glad I could help clarify, I'm still wrapping my head around it too.

    I think I'll leave the post as is and update on that fact (citing this comment) when I cover AriseID.

    Thanks for reading!