Breaking! Differences in KYC Success Rates between New Users and Existing Users on the Pi Network - hokanews

 

Breaking! Differences in KYC Success Rates between New Users and Existing Users on the Pi Network - hokanews

hokanews.com - Pi Network, an innovative crypto platform that aims to expand access to the global financial system by using blockchain technology, is increasingly gaining popularity and attention of users around the world. One of the important stages for any user who wants to be part of the Pi network is the Know Your Customer (KYC) process. However, recently, there has been a significant difference in the success rate of the KYC process between new users who register and existing users who are already part of the Pi Network ecosystem.

The experiences of new users show that they tend to pass KYC more easily and quickly than their counterparts who have been using the platform for a long time. As the Pi Network grows and rapidly develops, there are several factors that may influence this difference.

One possible contributing factor is the implementation of a priority mechanism for new pioneers. In an effort to attract more users and expand the user base, Pi Network may have decided to give special treatment to new users by processing their KYC more quickly and efficiently. Thus, new users can easily join the network and start enjoying its benefits without any major hiccups.

Not only that, the increase in the KYC success rate for new users can also be due to the advancement in the AI verification system used by the Pi Network. As an advanced technology platform, Pi Network relies on artificial intelligence technology to check the validity of information and identity of its users. Over time, this AI system continues to experience development and training from increasing data. That way, the system becomes smarter in recognizing and verifying new user identities more accurately and efficiently.

However, for longtime users, this difference may have caused some inconvenience and confusion. Some of them may feel that the system gives preference to new users, while those who have been loyal to the Pi Network for a long time have to face challenges in passing the KYC process. However, it is very important for existing users to understand that technology development takes time, and AI verification systems will continue to improve as the number of users continues to grow.

In the long run, it is hoped that the difference in KYC success rates between new and existing users will even out as the AI verification system matures and the user experience improves. Pi Network is committed to providing the best experience for its entire community, both new and long-time members.

As a crypto platform oriented towards financial inclusion and transparency, Pi Network continuously strives to provide a safe and trusted environment for all Pi holders. By striking a balance between welcoming new users and honoring the contributions of existing users, Pi Network can continue their great mission of advancing crypto adoption and empowering communities globally.

While the difference in KYC success rates between new and existing users has been highlighted within the Pi Network community, there are steps that can be taken to reduce this discrepancy and ensure that all users have a fair and positive experience in the KYC process.

First of all, Pi Network can increase transparency in their AI verification system. By providing more information about the verification criteria and process used, users will have a better understanding of how the system functions and what is needed to be successful in the KYC process. This transparency can help reduce the uncertainty and confusion that existing users may feel.

Currently, the chances of new users receiving KYC and passing KYC are significantly greater than those of old users. 👤

This may be due to the new pioneer priority mechanism, or it may be that the AI verification system needs to start learning from simple accounts.🤖#PiNetwork… pic.twitter.com/kiYj3kylUb

— ℙ𝕚 𝔹𝕝𝕠𝕔𝕜𝕔𝕙𝕒𝕚𝕟 (@mstor168) August 4, 2023

In addition, the Pi Network may consider providing additional incentives for existing users who have become active contributors to the network. By rewarding existing users who have been loyal and active in the ecosystem, Pi Network can show appreciation for their contributions and ensure that existing users feel valued and recognized.

On the other hand, for new users, Pi Network can provide more detailed guidance on the KYC process and how they can prepare well before registering. By providing clear and detailed guidance, new users can ensure that they provide correct and valid information when registering, thereby increasing their chances of passing the KYC process.

In addition, users can also help each other and share experiences through the Pi Network forums and communities. By exchanging information and providing support to each other, new and existing users can learn from each other and overcome obstacles they may face in the KYC process.

In the long term, an even distribution of KYC success rates between new and existing users will be a reflection of the collaborative efforts to improve and optimize the identity verification process within the Pi Network ecosystem. With patience and support from the entire community, Pi Network will advance as one of the leading crypto platforms in the era of digital financial inclusion.

Of course, these changes and improvements will not happen overnight. It takes the cooperation and dedication of the entire Pi Network community to achieve the common goal of creating a more fair and efficient KYC experience for all users.

The increase in KYC success rate for new users can also be due to advances in the Pi Network's AI verification system. This system continues to experience development and training from growing data, so that it becomes smarter in recognizing and verifying the identity of new users accurately and efficiently.

For longtime users, this difference may have caused discomfort and confusion. However, it is important to remember that technology development takes time, and AI verification systems will continue to improve as the number of users continues to grow.

To reduce this discrepancy, Pi Network can increase transparency in their AI verification system and provide additional incentives for existing users who have faithfully contributed to the ecosystem. New users can also be better guided about the KYC process, and the whole community can share information and support with each other through the Pi Network forums and communities.

In the long term, the collaborative efforts of the entire Pi Network community will reflect an improved identity verification process that is more equitable and efficient within the ecosystem. With the patience and support of the entire community, Pi Network can achieve their vision of expanding access to the global financial system using blockchain technology and empowering people globally.