PI Network
The Pi Core Team has been developing a community KYC solution. This will work for as many Pioneers as possible to ensure the security and humanness of the network.
To improve its usability and machine automation components. The pilot version initially enrolled 100 Pioneers/country (slots are filled for most countries but will be released more soon).
These Pioneers can KYC early and help improve algorithms before full release. Click the above button for updated details.
The Pi Core Team has developed a pilot KYC solution that will initially enroll 100 Pioneers per country. These Pioneers have an opportunity to KYC early and help improve the whole app’s algorithms. So that the solution can be applied to as many Pioneers as possible before Mainnet. In the short term, the team will gradually roll out more KYC slots for the pilot version than this initial 100 Pioneers per country.
Note that the Core Team is also working on translating this app in the future. So recommend waiting for its full release if you cannot read English in the app.
Why is KYC important?
Know Your Customer/Client (KYC) is the process that verifies identification to distinguish genuine accounts from fake ones. The vision of Pi Network is to build an inclusive and the most widely-distributed digital currency and economy for all Pioneers. The mining mechanism of Pi Network is social-network based and the mining rate halves as the social network size grow by 10X. Therefore, Pi has a strict policy of one account per person.
This requires a high degree of accuracy to establish that members in the network are genuine human beings. Preventing individuals from being able to hoard Pi by creating fake accounts unfairly. KYC thus helps ensure the true humanness of the network.
The KYC data collected is used solely to verify the Pioneer’s identity and to be compliant with Anti-Money Laundering (AML) and anti-terrorism regulations. Never sold any KYC data and will not do so without your consent. Please refer to Privacy Policy for more details.
How does the KYC solution work?
Pi Network’s KYC solution is being built through Pi App Engine as an ecosystem app. Keep in mind that this solution attempts to create a balance between accuracy and privacy, while achieving scalability for millions of KYC, wide coverage of diverse populations, and accessibility.
KYC solution itself combines machine automation and human verification in order to accomplish accurate and efficient KYC for everyone. Machine automation will be responsible for image processing, text extraction, fake ID detection, liveness check, and image comparison. KYC’ed human verifiers may then have to check for errors.
KYC solution Importance
The importance of having and improving the machine automation component is twofold: 1) scalability to KYC millions of Pioneers and 2) reducing the data exposure to human verifiers to better protect Pioneers’ privacy. Your participation in the current pilot release of the KYC app will help improve machine automation to satisfy these goals.
Specifically to protect individual Pioneers’ privacy, personal data — except for data the machine failed to read — will be properly redacted. Human verifiers will be previously KYC’ed Pioneers who opt into work as a crowdworker in the KYC app to verify redacted ID documents and selfie images to answer whether (1) the photo ID format is the same type as you stated in the data form and (2) if the person pictured in your ID is really you.
Privacy
Two rounds of human verification will be required after the machine automation component. In the first round of review, two human verifiers will only be able to see the redacted ID document in order to verify if this document is the claimed type of ID. They cannot see a Pioneer’s personal data or face within this ID document.
However, if the machine reading fails to process some personal data, then the human verifiers in Round (1) will also have to verify the specific portions of the personal data in these sections.
In the second round of review, verifiers will only be able to see the face in the Pioneer’s ID document. And the face in the selfie. This will verify that these two images are of the same person. Other information in the ID document will not be viewable.
If a discrepancy occurs between the 2 human verifiers’ results in either round one or two, then a third human verifier will be the deciding vote in resolving the dispute. This system requires at least 4 human identifiers for each KYC application, all working independently. Again, no single human verifier will see both the ID layout and the face of the same person, further protecting your personal privacy.
Workforce Pool
A pool of crowd workers from the same country of the ID document provided. Before verifying real Pioneers, they must first agree with the Service Terms of the app and then go through a tutorial to train their verification skills. These verifiers’ work is constantly to prevent bad actors. Providing consistently inaccurate verification will lead to their removal from the workforce pool.
In the future, The KYC app’s code may publish as PiOS. So that community developers can help add country-specific features and documents to contribute to the project.
Disclaimer
The data submitted, by these initial Pioneers participating in this Pilot version of the KYC app, will be visible without redactions to the Core Team members who are developing this app — need to check if the machine automation results are accurate when compared with your data. So, it is okay to wait until later if you are concerned about privacy.
When will Pioneers get to KYC?
Through these measures, the team aims to build a fully workable and scalable KYC process. Once feel that the KYC process is ready for mass adoption, the official start of mass KYC will begin before the Mainnet launch. After presenting a KYC solution for a specific country, will then offer a certain amount of time for people to ask questions and perform the KYC successfully.
Pioneers can KYC after Mainnet or not will decide after Mainnet parameters.
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