GOOD NEWS : Pi Network Updates KYC Process To Increase New User Participation - hokanews

 

GOOD NEWS : Pi Network Updates KYC Process To Increase New User Participation - hokanews

hokanews.com - Pi Network, a cryptocurrency project that has been quite popular in recent months, has just updated their Know Your Customer (KYC) process. This change is expected to simplify and speed up the KYC process for new users and increase participation in the network.

KYC is a process commonly carried out by cryptocurrency and other financial companies to verify the identity of their users before granting access to their services. Difficult or time-consuming KYC processes can be a barrier for new users looking to join cryptocurrency networks.

Pi Network, which currently has over 45 million active members worldwide, has decided to update their KYC process to provide a smoother and more enjoyable experience for new users. The company announced the change in a blog post released on May 1.

One of the biggest changes to the Pi Network's KYC process is that users can now initiate the KYC process immediately after registering. Previously, users had to wait until they received an invitation from a member of the network who had already joined before being able to start the KYC process. This change is expected to speed up and facilitate access for new users.

related to the kyc pi network update, it was also shared by one of the pi network ecosystems on Twitter, according to hokanews.com monitoring from the official twitter account @PiRevolutionX in one of the posts that were shared it was very clear that they conveyed the following:

The KYC process has been updated to allow anyone to start. A small proportion of accounts may not be eligible due to algorithmic identification of fake or violating accounts. If you believe there's a mistake, submit your username for further investigation: https://minepi.com/kyc-application-access

 hokanews.com does not publish articles without sources, for more details see the image below:

Twitter image source

Apart from that, Pi Network has also increased the speed of KYC verification. The verification process that used to take several weeks can now be completed in less than 24 hours. This change will allow new users to start using the network immediately and experience the benefits offered by the Pi Network.

The Pi Network is a unique cryptocurrency project in that it allows users to mine (or "earn") Pi using their application. Pi Network also introduces a mining concept that is more environmentally friendly and does not require the use of special hardware like other cryptocurrencies.

Currently, the pi network itself can still be obtained free of charge by everyone, it's just that you need a smartphone and internet when you enter the pi network application.

Pi Network has updated their KYC process to make access easier for new users and increase participation in the network. With this change, new users can now start the KYC process immediately after registering and KYC verification can be completed in less than 24 hours. We hope that these changes will help accelerate network growth and provide a better experience for new users.

In addition to all the pioneers around the world, for those of you who have never gotten kyc pi network at all, try opening your pi browser and looking for the KYC menu who knows your quota has been there for a long time. Likewise for those who have not been declared to have passed the KYC process that you have submitted, so try to make sure with the documents that you have submitted, do your data documents look blurry. This can also ensure that the patience of the pioneers is really needed.

What is Pi Network?

Pi Network is a new cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining device battery. The Pi blockchain secures economic transactions through a mobile meritocracy system and a complete Web3 experience where community developers can build decentralized applications (dApps) for millions of users.

That's a little information that we can share with all the pi network communities.  
Hopefully this is useful, keep the spirit, don't give up.
If the information from hokanews is useful, don't forget to share it with other pioneers.

From pioneers for pioneers

Follow other news updates by following twitter hokanews.com

Thanks to all the pioneers, warm greetings from the hokanews team.  Information from the pi network community for all pioneers