Business identity verification in the crypto world

The blockchain network that fully complies with KYC and KYB laws

The Pi Network blockchain is not just another blockchain. It is a digital economy backed by trust, with over 20 million fully verified members through KYC processes (Know Your Customer). This means real people, not bots, each with a unique identity secured on the blockchain. This level of verification is unprecedented in the crypto world and creates enormous value. For companies wishing to partner with this network, they must obtain KYB approval (Know Your Business). Let's see why:

The power of users verified through KYC

In the crypto ecosystem, the biggest problem is fake accounts, bots, and fraud. This network solves it by ensuring that each verified user is a real person, making its network highly valuable for businesses, banks, and institutions. While other blockchains continue to struggle with identity verification, Pi Network has already successfully implemented it on a large scale.

The true value of each pioneer in the network

Each pioneer adds a utility value by trusting in the ecosystem, showing a willingness to use the criptomoneda in transactions, payments, and various services. Additionally, many pioneers have their assets locked, creating a scarcity factor by reducing the circulating supply. Unlike anonymous cryptocurrencies, this blockchain is based on verified identities, creating an unprecedented global trust system.

Why companies and banks will rush to join

A network of real and verified users represents an instant adoption potential for integrating companies. Traditional banks usually face difficulties in verifying and registering new clients, while this network already has millions of KYC-approved users ready to transact. This is why numerous platforms are exerting strong pressure to get ahead of the competition.

With 20 million fully KYC-verified pioneers on the blockchain, each with real value, the potential economic impact is astonishing. If each pioneer spent only $100 annually within the ecosystem, this would translate to approximately $2 billion in annual transactions.

The importance of KYB in the crypto sector

The Know Your Business process (KYB) is essential to ensure the integrity and security of the ecosystem. Companies wishing to participate must undergo rigorous checks to demonstrate their legitimacy and regulatory compliance. This process offers multiple benefits: it prevents fraud by identifying malicious activities, ensures compliance with local and international regulations, and increases user trust by guaranteeing that they interact only with verified companies.

The combination of KYC processes for individual users and KYB for companies creates a robust and reliable blockchain ecosystem, laying the groundwork for massive and sustainable adoption in the crypto world.