19/01/2024
KYC Process Update for Pioneers in 2024
In our recent update on December 27, 2023, regarding the Open Network plan, we emphasized our entry into the Mainnet's Open Network period in 2024. A crucial aspect is the KYC process, integral to Pi's vision of creating an inclusive peer-to-peer ecosystem. We've faced challenges in KYC, notably with missing or incorrectly entered information.
Recent Solutions and Progress:
1. Comprehensive Application Reprocessing (November 2023):
Improved code unblocked 200,000 applications, reducing cases to 1.3 million.
2. Improved Algorithm for Sub-issues (Mid-December 2023):
Second iteration unblocked 532,000 applications.
3. Resubmission Opportunities for Pioneers (Late December 2023):
Allowed 768,000 applicants to resubmit, unblocking 123,000.
4. Validators Review as the Solution:
- New design and tutorials for Validators to unblock cases.
Other KYC Updates:
Improved Liveness Video Processing (November 2023):
- Reduced backlog to 19,000 Pioneers.
Unblocking Applications with Watermark Issue (December 2023):
- Specialized measure unblocked 1,367 Pioneers.
Name Comparisons and Appeals:
- New tutorials and designs for Validators to resolve difficulties.
Tips for Pioneers:
- Complete Information: Ensure accurate details.
- High-Quality Document Images: Submit clear images.
- Correct Country of ID Submission: Match country selection.
- Consistent ID Document Submission: Match ID type.
- Consistent Language in Data Entry: Enter details in the exact language as on the ID.
Moving Forward:
- KYC progress depends on Pioneer participation, resubmission, and Validators' support.
- Core Team committed to providing technology, designs, and support for community progress.
- Grateful for ongoing community participation and feedback.
Stay tuned for more updates and improvements. Learn about Pi Networkโs KYC solution and contribute to KYC progress by becoming a KYC Validator.
KYC Process Update for Pioneers in 2024
In our recent update on December 27, 2023, regarding the Open Network plan, we emphasized our entry into the Mainnet's Open Network period in 2024. A crucial aspect is the KYC process, integral to Pi's vision of creating an inclusive peer-to-peer ecosystem. We've faced challenges in KYC, notably with missing or incorrectly entered information.
Recent Solutions and Progress:
1. Comprehensive Application Reprocessing (November 2023):
Improved code unblocked 200,000 applications, reducing cases to 1.3 million.
2. Improved Algorithm for Sub-issues (Mid-December 2023):
Second iteration unblocked 532,000 applications.
3. Resubmission Opportunities for Pioneers (Late December 2023):
Allowed 768,000 applicants to resubmit, unblocking 123,000.
4. Validators Review as the Solution:
- New design and tutorials for Validators to unblock cases.
Other KYC Updates:
Improved Liveness Video Processing (November 2023):
- Reduced backlog to 19,000 Pioneers.
Unblocking Applications with Watermark Issue (December 2023):
- Specialized measure unblocked 1,367 Pioneers.
Name Comparisons and Appeals:
- New tutorials and designs for Validators to resolve difficulties.
Tips for Pioneers:
- Complete Information: Ensure accurate details.
- High-Quality Document Images: Submit clear images.
- Correct Country of ID Submission: Match country selection.
- Consistent ID Document Submission: Match ID type.
- Consistent Language in Data Entry: Enter details in the exact language as on the ID.
Moving Forward:
- KYC progress depends on Pioneer participation, resubmission, and Validators' support.
- Core Team committed to providing technology, designs, and support for community progress.
- Grateful for ongoing community participation and feedback.
Stay tuned for more updates and improvements. Learn about Pi Networkโs KYC solution and contribute to KYC progress by becoming a KYC Validator.