Crypto Giant Bitmain Open Sources KYC Software Tool ‘Coconut’

Bitmain, the world’s largest crypto mining firm, has opened the code for its privacy-centric know-your-customer protocol (KYC), called Coconut. Coconut uses Intel’s Enhanced Privacy ID for authentication and separates the management of identifying information and information needed to conduct business. Coconut is a response to industry fears that KYC demands might potentially compromise user identification,

The post Crypto Giant Bitmain Open Sources KYC Software Tool ‘Coconut’ appeared first on CCN

HelpMyWallet | All About Crypto
Join our Bitcoin Insiders Email Group!
You will be the first to know about upcoming products and services. You will also be entered to win weekly giveaways!
We respect your privacy.