⛩️ Kinto Unveils KYC Demo

Ramon Recuero
Kinto-xyz
Published in
2 min readAug 18, 2023

Experience the Future of Decentralized KYC!

We are excited to announce the release of our demo application, a major stride in our mission to seamlessly blend compliance with decentralization.

The Kinto demo application highlights our unique KYC process that remains committed to the principles of openness and decentralization, without compromising on regulatory necessities.

Navigating Through the Kinto Demo App

Our demo application employs an easy-to-follow process that incorporates KYC norms while ensuring user-friendly interaction with our network.

  1. The KYC Process & NFT: After users complete the KYC process, they receive an NFT. This unique, soulbound NFT — Kinto ID — allows users to interact with our decentralized network seamlessly.
  2. Claim Kinto ETH, No Gas Required: Done with KYC? Cool! Now claim some Kinto ETH from our gasless faucet. This means zero friction, just pure action in the demo app.
  3. Demo Application — The ETH Price Guess: Armed with their KYCed NFT and some Kinto ETH, users can dive into our demo application. The application tasks users with guessing the price of ETH by the end of 2024 — a fun way to get users involved with our technology. The winner will receive a special surprise.
  4. Reveal Your Private Info, If You Wish: Test out our privacy feature — you can choose to reveal your private info (PII) through applications using your signature. It’s all in your hands!

Explore our demo application by clicking the link below, and take a closer look at how we have reimagined the KYC process within the context of a decentralized network.

For a visual guide, check out our demo walkthrough video.

Say Hello to our Block Explorer and Bridge

Alongside the release of our demo application, we are thrilled to announce the completion of our block explorer and bridge. Both features are crucial components of the Kinto platform, enhancing its functionality and user experience.

The Kinto Block Explorer offers complete transparency and tracking of transactions on our network, while the Kinto Bridge provides a secure and efficient means to move assets between Layer 1 and Kinto’s Layer 2.

The Road Ahead

With our demo application and the latest developments, we are pushing the boundaries of what a KYC-compliant, decentralized network can achieve. We believe this is the future of DeFi, a perfect blend of compliance, privacy, and decentralization.

For more details, please refer to our documentation. Stay tuned for more updates as we continue our journey to reshape the financial landscape.

📚 Docs | 🌐 Website | Twitter

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Ramon Recuero
Kinto-xyz

Cofounder at Kinto. Previously at Babylon Finance, Y Combinator, Zynga, Google and OpenZeppelin.